The 2019-20 Budget: Structuring the Budget: Reserves, Debt and Liabilities

Feb 5, 2019 - In this section, we discuss four major state retirement liabilities. State Employees ’ Pensions.  Depending on their job, state employees earn pension benefits under one of five state pension plans (Miscellaneous, Industrial, Safety, Peace Officer/Firefighter, and Highway Patrol) administered by the California Public Employees ’ Retirement System (CalPERS).
https://lao.ca.gov/Publications/Report/3925

2007 Initiative Analysis: The Public Employee Benefit Reform Act

Below, we discuss how the measure would affect state and local government costs for defined benefit pension and retiree health benefits, respectively. Pension Benefits Major Reductions in Pension Contributions.
https://lao.ca.gov/ballot/2007/070602.aspx

K-12 Funding by Source [EdBudget]

Jan 12, 2022 - K-12 Funding by Source [EdBudget]     a Consists primarily of state pension payments on behalf of districts, state debt service on school facility bonds, non-Proposition 98 funding for the California State Preschool Program, and operational expenses of the California Department of Education. b Excludes funding for child care
https://lao.ca.gov/Education/EdBudget/Details/588

^[PDF] The Public Employee Benefit Reform Act

Below, we discuss how the measure would affect state and local government costs for defined benefit pension and retiree health benefits, respectively. Pension Benefits Major Reductions in Pension Contributions.
https://lao.ca.gov/ballot/2007/070602.pdf

Pension benefit calculations for some public university employees. [Ballot]

Jul 8, 2015 - The measure may require the California Public Employees ’ Retirement System to adjust how it calculates “final compensation in the determination of any pension or benefit ” for most employees of the California State University and perhaps some employees of the University of California.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-031

LAO 2009-10 Budget Analysis Series: Higher Education: UC Retirement Plan

Keeping the pension plan ’s funded status near the 100 percent level —the state ’s policy for its major pension funds —will require an end to the funding holiday soon. Governor Proposes $20 Million Contribution —Much Less Than UC Requested.
https://lao.ca.gov/analysis_2009/highered/highered_anl09004008.aspx

LAO 2003-04 Budget Analysis: General Government, State Retirement Contributions

The state contribution to STRS does not currently include an unfunded liability component. First Alternative—Pension Obligation Bonds The first alternative the administration proposes is the issuance of pension obligation bonds to pay the state's 2003-04 retirement contributions for PERS and STRS benefits.
https://lao.ca.gov/analysis_2003/general_govt/gen_2_cc_retirement_anl03.htm

2012 Initiative Analysis: Government Employee Pension Reform Act

The CalPERS analysis stated that this opinion resulted from the fact that local employees in that pension system generally were subject “to the same or better retirement benefits ” than state employees and that “they contribute on average less ” to their pensions than state workers.
https://lao.ca.gov/ballot/2012/120207.aspx

^[PDF] Government Employee Pension Reform Act

These pension benefits are provided through 85 state and local defined benefit pension plans. Some governments also contribute to retiree health and dental benefits for their former employees. The state government, for example, will contribute an estimated $1.7 billion to health and dental benefits of state and
https://lao.ca.gov/ballot/2012/120207.pdf

2011 Initiative Analysis:Government Employee Pension Reform Act of 2012 V2 (Amndt. #1S)

In addition, the state ’s Director of Finance —an official appointed by the Governor with the advice and consent of the State Senate —would serve as a voting member of any state or local pension system with total liabilities that exceed $5  billion.
https://lao.ca.gov/ballot/2011/110717.aspx