SACRAMENTO, Calif. (AP) – California State University employees who make more than $200,000 annually would have their salaries capped under a bill approved by the state Senate. The measure would place a two-year moratorium on any pay raises for those employees, ending in July 2014. SB952 also would cap pay raises for those same employees at no more than 10 percent for four more years, until July 2018. The bill’s author, Democratic Sen. Elaine Alquist of Santa Clara, says it is wrong to give large pay increases to university executives at a time when student fees are increasing. The system’s board of trustees’ recently adopted an updated compensation policy, but Alquist says it isn’t binding and applies only to campus presidents. Her bill passed 36-1 on Monday and goes to the Assembly.
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