The 2020-21 Budget: Proposition 98 Education Analysis

Feb 24, 2020 - We analyze the Governor’s proposals for State Preschool in The 2020‑21 Budget: Early Education Analysis. In our January report, The 2020‑21 Budget: School District Budget Trends , we provide detailed information about compensation, staffing, pensions, and other cost pressures affecting school district budgets.
https://lao.ca.gov/Publications/Report/4174

^[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

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

Comparing Core Funding for CSU Under Governor's Budget and May Revision [EdBudget]

May 15, 2021 - Comparing Core Funding for CSU Under Governor's Budget and May Revision [EdBudget] a Includes funding for pensions and retiree health benefits. b Includes funds that CSU uses to provide tuition discounts and waivers to certain students. c Amounts assume no changes to January enrollment estimates.
https://lao.ca.gov/Education/EdBudget/Details/499

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

May 30, 2018 - Rising Pension Costs Contribution Rates Expected to Grow. In recent years, CalPERS has changed a number of actuarial assumption it uses to determine employer contributions to the pension system. These assumption changes combined with investment losses have resulted in the state ’s contribution rate for employee pension benefits to increase significantly over the past decade.
https://lao.ca.gov/Publications/Report/3847

LAO 2005 Budget Perspectives and Issues: Addressing Public Pension Benefits and Cost Concerns

Courts have considered pension benefits to be part of the em ployment contract, and the State Constitution prevents the government from unilaterally breaking contracts. The expected employment contract is determined by the benefits in place when one begins work.
https://lao.ca.gov/analysis_2005/2005_pandi/pi_part_5_2_Public_Pension_Benefits.htm

The 2022-23 Budget: California’s Fiscal Outlook

Nov 17, 2021 - Reflecting these return assumptions could result in substantially lower state costs, particularly for the teachers ’ pension system. The box nearby has more details on possible future developments in the state ’s pension systems.
https://lao.ca.gov/Publications/Report/4472

California State University Core Funding by Source [EdBudget]

Sep 10, 2021 - California State University Core Funding by Source [EdBudget]   a Includes funding for pensions and retiree health benefits. b Excludes $7 million ongoing General Fund provided to the Department of Social Services for legal services to immigrant students and employees at CSU campuses. c Includes spending appropriated in Section 19.57 of the 2021-22 Budget Act.
https://lao.ca.gov/Education/EdBudget/Details/529

Update on Student Housing Assistance [Publication Details]

May 7, 2024 - This brief provides background on student housing insecurity at the higher education segments, provides an implementation update on the housing assistance provided through the segments’ rapid rehousing and basic needs programs, and recommends changes to statutory reporting requirements for these programs.
https://lao.ca.gov/Publications/Detail/4898

Update on Student Housing Assistance

May 7, 2024 - Update on Student Housing Assistance b State also provided $100 million one ‑time Proposition 98 General Fund. c State provided $15 million one ‑time non ‑Proposition 98 General Fund. State Also Recently Created Student Basic Needs Programs.
https://lao.ca.gov/Publications/Report/4898