Labor Agreements: Bargaining Units 1, 3, 4, 6, 9, 11, 14, 15, 17, 20, AND 21

Jun 25, 2020 - The state contributes a percentage of pay to fund state employee pension benefits at CalPERS. Although state employee pay is reduced during periods of furlough, their pension benefits are not affected.
https://lao.ca.gov/Publications/Report/4257

Public Pension and Retiree Health Benefits: An Initial Response to the Governor's Proposal - Public Pension and Retiree Health Benefits: An Initial Response to the Governor's Proposal [Video]

Public Pension and Retiree Health Benefits: An Initial Response to the Governor's Proposal - Public Pension and Retiree Health Benefits: An Initial Response to the Governor's Proposal [Video] To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Public Pension and Retiree Health Benefits:
https://lao.ca.gov/Videos/Player?playlistId=49&videoId=64

Public Employee Pension and Retiree Health Costs in California [Publication Details]

Nov 12, 2009 - Public Employee Pension and Retiree Health Costs in California [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/2142

The 2017-18 Budget: Governor’s CalPERS Borrowing Proposal [Publication Details]

May 16, 2017 - The 2017-18 Budget: Governor’s CalPERS Borrowing Proposal [Publication Details] The 2017-18 Budget: Governor’s CalPERS Borrowing Proposal Format: HTML Description: As part of his May Revision, the Governor proposes the state borrow $6 billion from the Pooled Money Investment Account (PMIA) to make a one-time payment to reduce state pension liabilities at CalPERS.
https://lao.ca.gov/Publications/Detail/3673

A Review of the CalSTRS Funding Plan: Conclusion

Feb 2, 2016 - The policy employs an abstract calculation that estimates what CalSTRS ’ unfunded liabilities would be today had the state ’s elected leaders made different decisions about teacher pensions in the past.
https://lao.ca.gov/Publications/Report/3339

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections) [Publication Details]

Sep 7, 2023 - We reviewed the proposed memorandum of understanding (MOU) for Bargaining Unit 6 (Corrections). This review is pursuant to Section 19829.5 of the Government Code.
https://lao.ca.gov/Publications/Detail/4800

Public Employee Pensions: An Interview With LAO's Jason Sisney [Publication Details]

Aug 8, 2011 - Public Employee Pensions: An Interview With LAO's Jason Sisney [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/2505

The 2010-11 Budget: The Governor's Employee Compensation Proposals [Publication Details]

Jan 27, 2010 - In 2009–10, the state has achieved significant savings due to the Governor’s furlough program, which is being challenged in many court cases. For 2010–11, the Governor proposes various measures to reduce state personnel costs, including shifting pension contribution costs from the state to employees, unallocated reductions in personnel budgets of departments, and an across–the–board salary reduction for employees.
https://lao.ca.gov/Publications/Detail/2188

MOU Fiscal Analysis: Bargaining Unit 16 (Physicians)

Mar 14, 2017 - These pay differentials increase state costs for Medicare; however, they do not affect state costs for pension or Social Security benefits. These employees ’ pay in 2019-20 would be between 17  percent and 26  percent higher than current levels.
https://lao.ca.gov/Publications/Report/3617

The State's Retirement Systems: Fiscal Issues for 1993-94 [Publication Details]

Mar 1, 1993 - The State's Retirement Systems: Fiscal Issues for 1993-94 [Publication Details] The State's Retirement Systems: Fiscal Issues for 1993-94 Format: PDF Description: In the November 1992 election, the voters approved Proposition 162—the California Pension Protection Act of 1992.
https://lao.ca.gov/Publications/Detail/1949