California schools in pension crisis

The budget crisis in the Oakland schools has reached a critical level, with the situation so desperate that top-level administrators are voluntarily giving back part of their paychecks, and layoffs as well as classroom cuts are imminent.
 Without immediate action, and with another $11 million in cuts needed to balance next year’s budget, the district is at risk of a state takeover — again.

And a good many students lack parents who understand.