Public postsecondary education: employee compensation.

Existing law establishes the California State University, under the administration of the Trustees of the California State University, as one of the segments of public postsecondary education in the state. This bill would prohibit, from August 1, 2012, to June 30, 2014, inclusive, the Trustees of the California State University from entering into, or renewing, a contract that provides for a compensation increase for a California State University employee whose annual salary exceeds $200,000 from General Fund sources, as defined, in the fiscal year during which the contract is executed, relative to the immediately prior contract for that same position. The bill would prohibit, on or after July 1, 2014, and until July 1, 2018, the trustees from entering into, or renewing, a contract that provides for a compensation increase of more than 10% for a California State University employee whose annual salary exceeds $200,000 from General Fund sources in the fiscal year during which the contract is executed, relative to the immediately prior contract for that position. This bill would declare that it is to take effect immediately as an urgency statute.