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

Aug 25, 2006 - Under the proposed MOU, we estimate that total compensation costs (including benefits) for Unit 7 rank and file would total about $515 million (up 11 percent from the prior fiscal year) in 2006-07 and $540 million (up 5 percent) in 2007-08.
https://lao.ca.gov/Publications/Detail/1512

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters) [Publication Details]

Jun 2, 2006 - We provide a fiscal analysis of the proposed MOU with Bargaining Unit 8, Firefighters. We believe that the Department of Personnel Administratrtion's (DPA) estimates of additional costs resulting from the MOU are too low. We estimate that net costs for the state will likely increase by at least $13 million in 2006-07 and $12 million in 2007-08 ($6 million more than indicated by DPA in each year).
https://lao.ca.gov/Publications/Detail/1493

Retiree Health Care: A Growing Cost For Government [Publication Details]

Feb 17, 2006 - The costs of providing health care to retired state employees and their dependents—now approaching $1 billion per year—are increasing significantly. Many other public employers (including the University of California, school districts, cities, and counties) face similar pressures. This report discusses health benefits provided to retired public employees, focusing on state retirees.
https://lao.ca.gov/Publications/Detail/1382

Cost Shift to Teacher Retirement Costs Raises Short-Term and Long-Term Issues [Publication Details]

Feb 24, 2005 - The Governor proposes shifting $469 million in General Fund teacher retirement costs to school districts and/or schools. Due to current law requirements, it is likely that the proposal would require a $469 million upward “rebenching” of Proposition 98’s minimum guarantee—nullifying the proposed General Fund savings.
https://lao.ca.gov/Publications/Detail/1270

State Retirement Contributions [Publication Details]

Feb 20, 2002 - These costs would total over $13 billion, be paid over many years, and tie up future state revenues. In present value terms, the proposal is equivalent to getting about $2 billion worth of fiscal flexibility at a cost of well over $4 billion.
https://lao.ca.gov/Publications/Detail/872

State Employee Compensation: The Recently Approved Package [Publication Details]

Dec 6, 1999 - We estimate that the employee compensation package approved by the Legislature in September will cost $286 million in the current year, increasing to almost $1.3 billion in 2001-02. Enhanced retirement benefits will cost over $400 million per year beginning in 2001-02.
https://lao.ca.gov/Publications/Detail/614

Public Retirement Benefits, Options for the Future - Public Retirement Benefits, Options for the Future [Video]

Public Retirement Benefits, Options for the Future - Public Retirement Benefits, Options for the Future [Video] To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Public Retirement Benefits, Options for the Future February 10, 2011 In this 15-minute video, LAO State Finance Director Jason Sisney describes why public employee retirement
https://lao.ca.gov/Videos/Player?playlistId=74&videoId=116

After Furloughs: State Workers' Leave Balances - After Furloughs: State Workers' Leave Balances [Video]

After Furloughs: State Workers' Leave Balances - After Furloughs: State Workers' Leave Balances [Video] To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video After Furloughs: State Workers ' Leave Balances March 14, 2013 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/Videos/Player?playlistId=83&videoId=125