^[PDF] MOU Fiscal Analysis: Bargaining Unit 12

June 2013 was the last scheduled month of PLP.  Employee Pension Contributions. The expired MOU increased active and future employees’ pension contribution rates by 5 percentage points. Most employees now contribute about 10 percent of their pay to cover a portion of pension expenses.  Top Step Pay Increase.
https://lao.ca.gov/mou/2013/MOU-BU-12-082913.pdf

The 2024-25 Budget: Property Tax Postponement Program [EconTax Blog]

Feb 29, 2024 - Furthermore, given the state ’s General Fund problem, continuing to operate the PTP program means the Legislature will need to find more solutions in other parts of the state budget. Low Participation and High Administrative Costs.
https://lao.ca.gov/LAOEconTax/Article/Detail/800

^[PDF] The 2021-22 Budget: Overview of the Governor's Budget

Paying down deferrals would better position districts and the state to weather economic volatility by reducing pressure on future Proposition 98 budgets. Paying down future pension costs could help smooth out a notable increase in costs currently projected for 2022-23.
https://lao.ca.gov/reports/2021/4309/budget-overview-2021.pdf

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - As shown in Figure  1, the state ’s largest low-wage occupation consists of home health and personal care aides, who make up more than 4  percent of the state ’s overall workforce. We estimate that three-quarters of home health and personal care aides work as providers in the state ’s In-Home Supportive Services (IHSS) program.
https://lao.ca.gov/Publications/Report/4878/1

The 2024-25 Budget: Department of Health Care Access and Information

Feb 27, 2024 - State Recently Established Grant Program to Support Cost of Seismic Upgrades. As part of Chapter  489 of 2021 (SB  395, Caballero), which increased taxes on electronic cigarette products, the state created the Small and Rural Hospital Relief Program.
https://lao.ca.gov/Publications/Report/4860

^[PDF] MOU Fiscal Analysis: Bargaining Units 16 and 19

This means that the higher pay is included in the calculation of an employee’s pension benefit upon retirement, increasing monthly state and employee contributions to support the benefit. ; Clinical Supervision Differential.
https://lao.ca.gov/MOU/2013/MOU-BU-16-and-19-082313.pdf

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - This should reduce annual state pension costs. To make this payment, the budget uses a loan from the state ’s cash balances in the Pooled Money Investment Account (PMIA), which is essentially the state ’s checking account.
https://lao.ca.gov/Publications/Report/3694/1

COLLECTIVE BARGAINING

These supplemental payments are intended to maintain pensions at no less than 75 percent of their original purchasing power. The following chart displays the major features of the PERS retirement plans for state employees.
https://lao.ca.gov/1995/010195_calguide/cgsgov2.html

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - The state ’s economic policies should reflect the fact that many workers hold relatively low-wage jobs through middle age and beyond.
https://lao.ca.gov/Publications/Report/4878/2

^[PDF] MOU Fiscal Analysis: Bargaining Unit 6

Employee retirement benefi ts outlined in the agreements—including employee contributions to the California Public Employees’ Retirement System and pension formulas—would refl ect current law established by last year’s pension legislation (AB 340).
https://lao.ca.gov/MOU/2013/MOU-BU-6-090413.pdf