MOU Fiscal Analysis: Bargaining Units 16 and 19 [Publication Details]

Aug 23, 2013 - We reviewed the proposed memoranda of understanding (MOUs) for Bargaining Unit 16 and Bargaining Unit 19. Bargaining Unit 16 is represented by the Union of American Physicians and Dentists (UAPD). Bargaining Unit 19 is represented by the American Federation of State, County, and Municipal Employees (AFSCME). If adopted, the MOUs would modestly increase state costs in 2013-14.
https://lao.ca.gov/Publications/Detail/2806

Funding CalSTRS [Publication Details]

Feb 19, 2014 - The state and school districts likely will bear the majority of these costs. The presentation discusses options the state's leaders may have in developing the plan to address this huge funding problem over the long term.
https://lao.ca.gov/Publications/Detail/2951

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

California's Unemployment Insurance Program: Gaining Insight Through Comparison to Other States [Publication Details]

Oct 13, 2011 - As a result, by 2010 the UI funds in 32 states were insolvent, forcing those states to obtain loans from the federal government to continue payment of UI benefits. In this report, we conduct a comparative analysis of the UI programs in all 50 states and Washington D.C. to provide context for the Legislature in considering potential solutions to California's UI insolvency.
https://lao.ca.gov/Publications/Detail/2526

California’s First Retiree Health Valuation: Questions and Answers [Publication Details]

May 9, 2007 - The Legislature required the Controller to contract with actuaries for California's first valuation of unfunded state retiree health liabilities. On May 7, 2007, the Controller reported that the state's estimated unfunded liabilities total $48 billion. This report answers key questions concerning the valuation and identifies actions the Legislature could take to address the state's liabilities.
https://lao.ca.gov/Publications/Detail/1658

MOU Fiscal Analysis: Bargaining Unit 18 [Publication Details]

Aug 2, 2013 - We reviewed the proposed memorandum of understanding (MOU) for Bargaining Unit 18. These employees are represented by the California Association of Psychiatric Technicians. If adopted, the MOU would modestly increase state costs in 2013-14.
https://lao.ca.gov/Publications/Detail/2799

A Review of the CalSTRS Funding Plan: Theoretical Investment Gains Have Shifted Unfunded Liabilities to Districts [Publication Details]

Feb 2, 2016 - This post is the third in a series looking at the implementation of the CalSTRS funding plan. In this post, we describe how the abstract calculation upon which the funding plan is based has increased the district share of CalSTRS’ unfunded liabilities while decreasing the state share.
https://lao.ca.gov/Publications/Detail/3334

The Employment Development Department's Automation Projects [Publication Details]

May 3, 2010 - Presented to: Budget and Fiscal Review Subcommittee No. 5 On State Administration Hon. Denise Moreno Ducheny, Chair
https://lao.ca.gov/Publications/Detail/2265

CalSTRS Funding: An Update [Publication Details]

May 5, 2017 - The CalSTRS board recently acted to change assumptions used to estimate its unfunded liabilities, including the key assumption about future investment returns--sometimes referred to as the "discount rate." These and other recent developments have eroded CalSTRS' funding situation.
https://lao.ca.gov/Publications/Detail/3662

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
https://lao.ca.gov/Publications/Detail/2334