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Districts' Pension Contribution Rates and Amounts [EdBudget]

Aug 21, 2023 - Excludes payments made by the state on behalf of employers. c Contribution amounts are estimates provided by CalPERS. Excludes payments made by the state on behalf of employers. CalSTRS = California State Teachers' Retirement System.
https://lao.ca.gov/Education/EdBudget/Details/758

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

K-12 Funding by Source [EdBudget]

Aug 14, 2023 - K-12 Funding by Source [EdBudget]     a Consists primarily of state pension payments on behalf of districts, state debt service on school facility bonds, and non-Proposition 98 funding for the California State Preschool Program.
https://lao.ca.gov/Education/EdBudget/Details/781

Contributions to CalSTRS [EdBudget]

Aug 18, 2023 - 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 | information [at] lao.ca.gov
https://lao.ca.gov/Education/EdBudget/Details/757

Public sector unions and collective bargaining. [Ballot]

Sep 28, 2021 - 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/BallotAnalysis/Initiative/2021-008

The 2024-25 Budget: Temporary Corporation Tax Increases [EconTax Blog]

May 17, 2024 - Tax credits allow businesses to reduce their tax bill when they do certain activities —such as hiring certain workers and conducting research —that state policies aim to encourage. Business tax credits essentially are spending programs carried out through the state ’s tax system.
https://lao.ca.gov/LAOEconTax/Article/Detail/804

The 2024-25 Budget: Temporary Corporation Tax Increases [EconTax Blog]

May 17, 2024 - Tax credits allow businesses to reduce their tax bill when they do certain activities —such as hiring certain workers and conducting research —that state policies aim to encourage. Business tax credits essentially are spending programs carried out through the state ’s tax system.
https://lao.ca.gov/LAOEconTax/article/Detail/804

MOU Fiscal Analysis: Bargaining Unit 7 (Protective Services and Public Safety)

Aug 8, 2019 - Fully offsetting the increased employee contributions —as this agreement provides —means that for every $1 the state ’s pension contributions are reduced, the state ’s payroll costs increase about $1.50.
https://lao.ca.gov/Publications/Report/4085

An Analysis of University Cash Management Issues

Nov 10, 2020 - UC Has Been Borrowing to Make Pension Contributions. In addition to shifting funds into its long-term investment account, UC has borrowed funds internally from its short-term investment account and externally using bonds to help make its annual pension contributions.
https://lao.ca.gov/Publications/Report/4293

The 2022-23 Budget: Overview of the Governor's Higher Education Budget Proposals

Jan 26, 2022 - Community colleges’ pension rates, however, also are increasing in 2022‑23 at an unusual pace (approximately 2 or 3 percentage points, depending upon the pension system). The relatively high rate increases are due to previously provided state pension relief ending, combined with long‑term plans by the pension systems to continue paying down large unfunded liabilities.
https://lao.ca.gov/Publications/Report/4499