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

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

2011-12 Budget: The Governor's Employee Compensation Proposals [Publication Details]

Jan 26, 2011 - The Governor proposes over $580 million in General Fund budget solutions for state employee compensation and state operations.
https://lao.ca.gov/Publications/Detail/2414

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: Theoretical Investment Gains Have Shifted Unfunded Liabilities to Districts

Feb 2, 2016 - We note that the calculation will become even more complex next year, as CalSTRS will begin to calculate the size of a second theoretical investment portfolio that will be factore d into the district share of the unfunded liability.
https://lao.ca.gov/Publications/Report/3334

MOU Fiscal Analysis Bargaining Unit 7 (Protective Services and Public Safety) [Publication Details]

Mar 25, 2011 - We reviewed the proposed Memorandum of Understanding (MOU) for Bargaining Unit 7 (California Statewide Law Enforcement Association). If adopted, the MOU would result in increased state costs in the current year, savings in 2011-12, and net cost thereafter. Overall, the MOU would reduce state Bargaining Unit 7 employee compensation costs in 2011-12 by 2.8 percent.
https://lao.ca.gov/Publications/Detail/2463

MOU Fiscal Analysis for Bargaining Units 5, 8, 12, 16, 18, and 19 [Publication Details]

Jul 15, 2010 - MOU Fiscal Analysis for Bargaining Units 5, 8, 12, 16, 18, and 19 [Publication Details] MOU Fiscal Analysis for Bargaining Units 5, 8, 12, 16, 18, and 19 Format: PDF Description: In our required fiscal analysis of six proposed collective bargaining agreements, we find that the memoranda of understanding (MOUs), if adopted, would produce state savings in 2010-11, little net budgetary impact in 2011-12, and some increasing state costs for one or more years thereafter.
https://lao.ca.gov/Publications/Detail/2334

MOU Fiscal Analysis: Bargaining Units 6 and 13 [Publication Details]

Apr 8, 2011 - We reviewed the proposed Memorandum of Understanding (MOU) for Bargaining Unit 6 (Correctional Peace Officers) and Unit 13 (Stationary Engineers). If adopted, the MOUs would result in increased state costs in the current year, savings in 2011-12, and costs thereafter. Overall, the MOUs would reduce state Bargaining Unit 6 and 13 employee compensation costs in 2011-12 by about 3.6 percent.
https://lao.ca.gov/Publications/Detail/2468

MOU Fiscal Analysis: Bargaining Unit 2 (Attorneys, Administrative Law Judges, and Hearing Officers) [Publication Details]

Mar 16, 2011 - We reviewed the proposed Memorandum of Understanding (MOU) for Bargaining Unit 2 (California Attorneys, Administrative Law Judges, and Hearing Officers in State Employment [CASE]). If adopted, the MOU would result in increased state costs in the current year, savings in 2011-12, and net cost thereafter.
https://lao.ca.gov/Publications/Detail/2461