There are several reports available for members' review:

For a copy of the independent Auditor's Report for the 2005/2006 Fiscal year click 05-06 Audit

For a copy of the Independent Auditor's Report for the 2004/05 Fiscal year click 04-05 Audit.pdf

For a copy of the Independent Auditor's Report for the 2003/04 Fiscal Year click 03-04 Audit.pdf

To view the adopted budgets of the last 2 fiscal years click  04/05 & 05/06 Adopted

Any member may request answers to any questions for all fiscal matters by contacting Treasurer Kelly Logan This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or President Marc Houle This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

As a teacher union, we must provide leadership for the collective voice of our members. Teacher unions have a responsibility to students, their families, and to the broader society.

As a teacher union, we must provide leadership for the collective voice of our members. Teacher unions have a responsibility to students, their families, and to the broader society. Teacher unions are committed to public education as a vital element of our democracy. What unites these responsibilities is our commitment to help all children learn.

We affirm the union’s responsibility to collaborate with other stock holders in public education and to seek consistently higher levels of student achievement by:

• Continuously improving the quality of teaching;

• Promoting democratic dynamics, fairness, and due process;

• Expanding the scope of collective bargaining to include instructional and professional issues;

• Improving the terms and conditions under which adults and children work and learn.
 

STRS members just days shy of qualifying for one of the key benchmarks may now use up to two-tenths of unused sick leave to count towards qualifying for one-year final compensation, longevity bonus and other benefit enhancements. 

SB 102 allows up to two-tenths of one year of unused sick leave (approximately up to 36 days maximum) for qualifying for key longevity bonuses.  Before this bill was enacted, members who were just days short of qualifying for the 30, 31 or 32 year benchmarks, had to work the requisite number of days in order to receive the benefits of meeting those benchmarks.  Through an agreement with PFT and the District, we were able to accommodate those requirements, usually with some sort of summer-school work.  Now those members may use unused sick leave to meet those days.

For example:  Member A has 29.95 years of service as of June 30, 2005 and wishes to retire.  The benefits of meeting 30 years of service upon retiring are significant (.2% additional age factor and $2,400 per year longevity bonus).  The .05 difference in years of service translates to approximately 10 additional days of service.  This bill allows the member to use 10 days of unused sick leave to reach the 30-year benchmark without working the additional days, thus allowing the member to retire on June 30.  Access more information on SB 102.pdf  You should research all retirement decisions thoroughly.  PFT recommends the calstrs webpage (www.calstrs.com) as an important retirement-planning tool.