The 2019-20 Budget: Undoing California’s Outstanding Budgetary Deferrals [Publication Details]

Mar 26, 2019 - While the state has already addressed many of its outstanding deferrals, there are still three major categories of deferrals remaining. These are related to: (1) state employee payroll, (2) pension payments, and (3) Medi-Cal payments.
https://lao.ca.gov/Publications/Detail/3988

^[PDF] The Costa-Matteoli Pension Solvency Act

The Costa-Matteoli Pension Solvency Act We have reviewed the proposed initiative measure that concerns state and local retirement plans and establishes a new state entity to administer defined pension benefits for non- governmental employees in California (A.G.
https://lao.ca.gov/ballot/2011/110534.pdf

^[PDF] Public Pension and Retiree Health Benefits: An Initial Response to the Governor's Proposal

We observe, however, that it will be very diffi cult for pension systems across the state to enforce this provision if it is indeed applied to limit a public retiree’s work for any state or local employer in the state.
https://lao.ca.gov/reports/2011/stadm/pension_proposal/pension_proposal_110811.pdf

^[PDF] Examining Statewide Pension Benefit Policy for Elected Officials

Defi ned benefi t pension and other retirement benefi ts for California’s state and local elected offi cials vary considerably.  Voters Ended State Pension Benefi ts for State Legislators. Proposition 140 (1990) prohibits accrual of state retirement benefi ts by Members of the Legislature fi rst elected on or after November 7, 1990.
https://lao.ca.gov/handouts/state_admin/2012/Pension_Benefit_Policy_4_13_12.pdf

The 2024-25 Budget: Overview of the Governor's Budget [Publication Details]

Jan 13, 2024 - On January 10, 2024, Governor Newsom presented his proposed state budget to the California Legislature. In this report, we provide a brief summary of the Governor’s budget based on our initial review as of January 12. In the coming weeks, we will analyze the plan in more detail and release many additional issue-specific budget analyses.
https://lao.ca.gov/Publications/Detail/4825

The 2024-25 Budget: Overview of the Governor's Budget

Jan 13, 2024 - The 2024-25 Budget: Overview of the Governor's Budget $3,135 $4,677 BCH = Secretary for Business, Consumer Services, and Housing Agency; HHAPP = Homeless Housing, Assistance, and Prevention Program; FHC = Family Homelessness Challenge Grants; BSCC  =  Board of State and Community Corrections; CalFire = California Department of Forestry and Fire Protection; CalRecycle = California
https://lao.ca.gov/Publications/Report/4825/1

The 2024-25 Budget: Overview of the Governor's Budget

Jan 13, 2024 - On January 10, 2024, Governor Newsom presented his proposed state budget to the California Legislature. In this report, we provide a brief summary of the Governor’s budget based on our initial review as of January 12. In the coming weeks, we will analyze the plan in more detail and release many additional issue-specific budget analyses.
https://lao.ca.gov/Publications/Report/4825/2

The 2024-25 Budget: Overview of the Governor's Budget

Jan 13, 2024 - On January 10, 2024, Governor Newsom presented his proposed state budget to the California Legislature. In this report, we provide a brief summary of the Governor’s budget based on our initial review as of January 12. In the coming weeks, we will analyze the plan in more detail and release many additional issue-specific budget analyses.
https://lao.ca.gov/Publications/Report/4825/3

CalSTRS Funding: An Update

May 5, 2017 - Generally, the calculation estimates what CalSTRS ’ unfunded liabilities would be if (1) the state had not granted teachers more generous pensions in the late 1990s and (2) state and teacher contributions to CalSTRS ’ main pension fund had not been decreased when CalSTRS was fully funded around 2000.
https://lao.ca.gov/Publications/Report/3662

^[PDF] New Public Employees Benefits Reform Act (version 2)

Average retirement ages in other public pension systems in California are about the same as those listed in Figure 1. Figure 1 Average Retirement Ages for Selected Public Employee Groups Age California Public Employees' Retirement System California Highway Patrol Officers 54 Local public safety officers 54 State correctional officers and firefighters 59 Other
https://lao.ca.gov/ballot/2009/090726.pdf