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[PDF] Various Employee Compensation and Retirement Agenda Items

Legislative action to approve proposed MOUs may lower state pension contributions below this level.  2010-11 Growth Due to Furloughs Ending and Increased Rates. Data provided by CalPERS suggest that actual state pension contributions attributable to 2009-10 will total $2.9 billion ($1.6 billion General Fund).
https://lao.ca.gov/handouts/Conf_Comm/2010/Various_6_24_10.pdf

The 2014-15 Budget: State Worker Salary, Health Benefit, and Pension Costs

Pension Benefits. Most state workers are enrolled in defined benefit pension plans administered by CalPERS. Pensions provide state workers with a specified benefit for life upon retirement. Retirees ’ pensions are based on their final salary levels near the end of their careers, the number of
https://lao.ca.gov/reports/2014/budget/state-compensation/state-compensation-030414.aspx

[PDF] Public sector unions and collective bargaining.

Pension Benefits State and Local Governments Sponsor “Defined Benefit” Pension Plans for Their Employees. Most full-time public employees earn a defined benefit pension that guarantees the employee a certain level of income after they retire.
https://lao.ca.gov/ballot/2021/210461.pdf

The 2014-15 Budget: State Worker Salary, Health Benefit, and Pension Costs [Publication Details]

Mar 4, 2014 - The increased costs reflect pay increases for most state workers, rising health and pension benefit costs, and a net increase in the number of state workers. In this report, we provide an overview of the state workforce, current collective bargaining agreements, and state employee compensation costs in 2014-15.
https://lao.ca.gov/Publications/Detail/2958

[PDF] The 2014-15 Budget: State Worker Salary, Health Benefit, and Pension Costs

Pension Benefits. Most state workers are enrolled in defined benefit pension plans administered by CalPERS. Pensions provide state workers with a specified benefit for life upon retirement. Retirees’ pensions are based on their 2014 -15 B U D G E T www.lao.ca.gov Legislative Analyst’s Office
https://lao.ca.gov/reports/2014/budget/state-compensation/state-compensation-030414.pdf

The 2024-25 Budget: IS and IT Project Proposal Tables

Feb 9, 2024 - IT = information technology; CDT = California Department of Technology; TF = total funds; GF = General Fund; OF = other funds; EDD  =  Employment  Development Department; CalSTRS = State Teachers ’ Retirement System; PSP = Pension Solution Project; N/A = not applicable; CalHHS  =  California Health and Human Services Agency; DSS = Department of Social Services;
https://lao.ca.gov/Publications/Report/4836

[PDF] Fair and Proportional Retirement for Public Officials Act of 2012

This measure would have the following major fiscal effects on the state and local governments:  Possible reductions in state and local pension and retiree health costs. The magnitude of the savings would depend on a variety of legal and implementation uncertainties and would be offset to an unknown extent by increases in other state and local employee compensation costs.
https://lao.ca.gov/ballot/2011/110577.pdf

2011 Initiative Analysis:Fair and Proportional Retirement for Public Officials Act of 2012

The proposal does not specify whether it seeks to amend the State Constitution, statutes, or both. Background Some Elected Officials Are Members of a Public Pension System. Some elected public officials are members of one or more of California ’s public pension systems, and some may be eligible for retiree health benefits.
https://lao.ca.gov/ballot/2011/110577.aspx

[PDF] Divestment of State Retirement Funds from Israel Act

Members of CalPERS and CalSTRS’ pension systems now receive or, in the future, are eligible to receive defined pension benefits from one or both of the systems. Pension Financing and Investments. To fund the benefits, CalPERS and CalSTRS col- lect contributions from the state, other public employers, and/or public employees themselves.
https://lao.ca.gov/ballot/2010/100559.pdf

Contributions to CalSTRS [EdBudget]

Aug 18, 2022 - CalSTRS = California State Teachers' Retirement System. PEPRA = Public Employees' Pension Reform Act. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Education/EdBudget/Details/650