The 2017-18 Budget: Proposition 98 Education Analysis

Feb 9, 2017 - Pension Costs In this section, we provide background on school district pension costs, compare LCFF funding increases with pension cost increases over the past few years, project these increases for 2017 ‑18 and the next few years, and discuss how the cost increases likely are affecting different types of school districts.
https://lao.ca.gov/Publications/Report/3549

LAO Economy and Taxes

Some have asked whether Proposition 2 debt funding payments can be used to reduce liabilities of teacher and other public employees' pension plans. As we discuss in this post, there may be little ongoing capacity to make additional commitments from Proposition 2 debt funding payments through the mid-2020s.
https://lao.ca.gov/Policy-Areas?areaId=8&category=0&year=0&page=7

Control Section 3.61

May 17, 2015 - This decentralized method is similar to how th e state makes its contribution payments towards pension benefits for state employees. Paying these costs through departmental budgets provides greater certainty as to the state ’s prefunding obligations.
https://lao.ca.gov/Recommendations/Details/850

The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax

Feb 19, 2025 - BSCC = Board of State and Community Corrections; CDE = California Department of Education; JC = Judicial Council; DOJ = Department of Justice; and OES  =  Governor ’s Office of Emergency Services. Chapter  231 Requires Start-Up Loan for CDTFA.
https://lao.ca.gov/Publications/Report/4970

The 2025-26 Budget: Child Welfare

Feb 13, 2025 - Continuum of Care Reform (CCR) is a series of state legislation enacted over the past decade making fundamental changes to the way the state cares for youth in the foster care system. As part of implementing CCR, the state developed a new foster care maintenance payment rate structure to replace the previous age-based and group home rate structure.
https://lao.ca.gov/Publications/Report/4962

Examining Statewide Pension Benefit Policy for Elected Officials [Publication Details]

Apr 13, 2012 - Examining Statewide Pension Benefit Policy for Elected Officials [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/2614

LAO 2004 Budget Analysis: Control Section 3.60

As we discuss in the "Crosscutting Issues " section of this chapter, the Governor's budget proposes to borrow funds to pay a portion of state retirement contributions through pension obligation bonds.
https://lao.ca.gov/analysis_2004/general_govt/gen_28_cs360_anl04.htm

The 2025-26 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program [Publication Details]

Feb 13, 2025 - The 2025-26 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program [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/4964

The 2015-16 Budget: Health Benefits for Retired State Employees

Employee pay increases, in turn, drive up state (1) annual costs for salary –driven benefits —Social Security, Medicare, and pension benefits —so that a $1 pay increase for the typical state worker increases state costs by about $1.34 and (2) long –term pension obligations as employees ’ pensions are based on their final compensation levels.
https://lao.ca.gov/reports/2015/budget/retiree-health/retiree-health-benefits-031615.aspx

The 2025-26 Budget: Proposition 4 Spending Plan

Feb 12, 2025 - Because this is a somewhat new activity, however, the state still lacks information regarding how effective this strategy is at mitigating the threats that higher temperatures pose to public health, particularly compared to other approaches the state could take with the same objectives.
https://lao.ca.gov/Publications/Report/4958