The 2017-18 Budget: Increased Staffing for Labor Standards Enforcement [Publication Details]

Mar 3, 2017 - The Governor’s budget proposes $11 million in special funds and 82.5 positions, phased in over three years, for the Division of Labor Standards Enforcement to pursue additional investigations of labor standards violations.
https://lao.ca.gov/Publications/Detail/3602

MOU Fiscal Analysis: Bargaining Unit 10 (Scientists)

Sep 9, 2015 - The administration estimates that allowing employees to cash out 60 additional hours in each of these years could increase the state ’s annual costs by more than $6 million (more than $1 million General Fund).
https://lao.ca.gov/Publications/Report/3297

Revisiting the Unemployment Insurance Trust Fund Insolvency

Sep 30, 2016 - State UI tax rates also apply to a base of each current employee ’s first $7,000 in annual wages, but vary by year and by employer according to a series of eight tax rate schedules laid out in state law.
https://lao.ca.gov/Publications/Report/3503/1

The 2018-19 Budget: Statewide Prison to Employment Initiative [Publication Details]

Mar 12, 2018 - This post addresses the Governor’s 2018‑19 budget proposal to provide $36 million General Fund over two years for local workforce development boards to fund employment training opportunities for at least 1,000 ex‑offenders and to integrate local employment training with programs offered by parole and probation departments.
https://lao.ca.gov/Publications/Detail/3781

The 2014-15 Budget: State Worker Salary, Health Benefit, and Pension Costs [Publication Details]

Mar 4, 2014 - The 2014-15 Budget: State Worker Salary, Health Benefit, and Pension Costs [Publication Details] Video Description: The Governor's budget proposes $24 billion to pay salary and benefit costs for state workers in 2014-15, up from an estimated $23.5 billion in the current year.
https://lao.ca.gov/Publications/Detail/2958

After Furloughs: State Workers' Leave Balances [Publication Details]

Mar 14, 2013 - After Furloughs: State Workers' Leave Balances [Publication Details] Video Description: Over the past five budget years, furloughs reduced state employee compensation costs by about $5 billion in exchange for giving state employees additional time off.
https://lao.ca.gov/Publications/Detail/2702

Addressing CalSTRS' Long-Term Funding Needs [Publication Details]

Mar 20, 2013 - Last year, the Legislature asked CalSTRS to submit a report detailing at least three options for addressing the unfunded liabilities of the pension system's Defined Benefit (DB) Program, which are now estimated by system actuaries to total about $70 billion.
https://lao.ca.gov/Publications/Detail/2710

Webcast: Public Retirement Benefits, Options for the Future [Publication Details]

Feb 10, 2011 - Webcast: Public Retirement Benefits, Options for the Future [Publication Details] Video Description: In this 15-minute video, LAO State Finance Director Jason Sisney describes why public employee retirement costs have risen substantially in recent years for California governments and the Legislature's options for creating new types of retirement benefits for future state and local employees.
https://lao.ca.gov/Publications/Detail/2443

California's Other Budget Deficit: The Unemployment Insurance Fund Insolvency [Publication Details]

Oct 20, 2010 - California's Other Budget Deficit: The Unemployment Insurance Fund Insolvency [Publication Details] Video Description: California's Unemployment Insurance (UI) program became insolvent in 2009, ending that year with a shortfall of $6.2 billion.
https://lao.ca.gov/Publications/Detail/2357

A Review of the CalSTRS Funding Plan: State’s Future Responsibility for CalSTRS Uncertain

Feb 2, 2016 - In other scenarios, investments underperform assumptions and the state ’s share of the unfunded liability —along with its funding plan contribution rate —increases steadily each year. In these scenarios, state contributions reach about 18 percent of payroll by the mid-2040s.
https://lao.ca.gov/Publications/Report/3336