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Steinberg: Retiree health, CalSTRS need attention this year
Sacramento Bee

During a meeting with the Capitol press corps today, Senate President Pro Tem Darrell Steinberg said lawmakers need to look at the cost of retiree health benefits and stabilizing the state teachers’ retirement system. The Sacramento Democrat said he doesn’t anticipate any moves towards a hybrid-style retirement system for the state’s public employees this year.

“I think that we resolved that issue last year, I think, in the right way by requiring all employees, including current employees, to contribute more, up to 50 percent or more, of their defined benefit pension,” Steinberg said.