^[PDF] The McCauley Public Employee Pension Reform Act

These increases would likely offset all or most of the pension cost savings achieved under this measure. Fiscal Summary The measure would have the following major fiscal effects on the state and local governments: • Possible reduction in pension costs for state and local governments, depend- ing on future actions by state and local governments and courts.
https://lao.ca.gov/ballot/2008/080780.pdf

Contributions to CalSTRS [EdBudget]

Aug 24, 2020 - The rates shown include the state's required contribution to the Supplemental Benefits Maintenance Account. c Does not include payments made by the state on districts' behalf. d Does not include state supplemental payments for paying down unfunded CalSTRS pension liabilities.
https://lao.ca.gov/Education/EdBudget/Details/438

2011 Initiative Analysis: Public Employee Pension Reform Act (Amendment #1-NS)

In the state's three largest public pension systems, the average state or local employee retires at about age 60 (see Figure  1). Due to recent changes in benefits for newly hired state employees, the average retirement ages of state employees will tend to increase somewhat in the coming decades compared to the data shown in Figure 1.
https://lao.ca.gov/ballot/2011/110298.aspx

^[PDF] The McCauley Pension Recovery Act

In general, the state taxes individuals based on income earned while they reside in California. The state currently taxes most pension distribu- tions as ordinary income. California also levies excise taxes on specific goods.
https://lao.ca.gov/ballot/2009/090203.pdf

2011 Initiative Analysis: Public Employee Retirement

This initiative proposes amendments to Section 17 of Article XVI of the State Constitution, which governs these systems. Background Public Employee Pension Benefits. State law authorizes establishment of systems to provide pension and other benefits to retired state and local employees and survivors and beneficiaries of certain other public employees.
https://lao.ca.gov/ballot/2011/110493.aspx

Funding for students attending private schools. [Ballot]

Oct 13, 2021 - Similar to the state, public schools also make pension contributions that include both of these components. (Most other public school employees also qualify for pensions when they retire, but the state does not fund these pensions directly.)
https://lao.ca.gov/BallotAnalysis/Initiative/2021-011

^[PDF] Retirement benefits for state and local governmental employees in California (Amendment No.1).

Governmental Employee Pension Benefits State and Local Governments Sponsor “Defined Benefit” Plans for Their Employees. As part of employment, the state provides defined benefit pension plans for its employees and for those of public schools and community colleges.
https://lao.ca.gov/ballot/2015/150536.pdf

Unfunded liabilities grow, system says. Billions more of annual funding eventually needed.

Apr 1, 2011 - In 1992, unions and retiree groups led the effort to pass Proposition 162 , which limited the ability of the state and other public employers to interfere with actuarial and investment activities of public pension funds.
https://lao.ca.gov/Recommendations/Details/395

Contributions to CalSTRS [EdBudget]

Mar 16, 2023 - CalSTRS = California State Teachers' Retirement System. PEPRA = Public Employees' Pension Reform Act. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Education/EdBudget/Details/714

^[PDF] Public Employee Pension Reform Act (Amdt. #1NS)

In the last few years, based on negotiations between the Governor and state employee unions, pension benefits for newly hired state employees—who will begin to retire in large numbers several decades from now—have been lowered.
https://lao.ca.gov/ballot/2011/110298.pdf