Contributions to CalSTRS [EdBudget]

Mar 4, 2021 - Also does not include state supplemental payments for paying down unfunded CalSTRS pension liabilities using Proposition 2 funds. Proposition 2 payments for this purpose were made in 2019-20 and 2020-21 and additional payments are propsed for future years.
https://lao.ca.gov/Education/EdBudget/Details/492

Districts' Pension Contribution Rates and Amounts [EdBudget]

Aug 18, 2022 - Districts' Pension Contribution Rates and Amounts [EdBudget] $11,659 $12,151 a Projections are based on CalSTRS' and CalPERS' most recent actuarial valuations. Rates for 2022-23 are finalized, but contribution amounts for 2022-23 are estimates.
https://lao.ca.gov/Education/EdBudget/Details/651

State pension contributions to CalPERS in 2010-11.

May 28, 2010 - State pension contributions to CalPERS in 2010-11. State pension contributions to CalPERS in 2010-11. Program: State Contributions to CalPERS for State Employee Pension Benefits Finding or Recommendation: Recommend sending Control Section 3.60 to conference committee, given the
https://lao.ca.gov/Recommendations/Details/215

Contributions to CalSTRS [EdBudget]

Aug 24, 2020 - The rates shown include the state's required contribution to the Supplemental Benefits Maintenance Account. c Does not include payments made by the state on districts' behalf. d Does not include state supplemental payments for paying down unfunded CalSTRS pension liabilities.
https://lao.ca.gov/Education/EdBudget/Details/438

The 2024-25 Budget: Deficit Update [Publication Details]

Feb 20, 2024 - This report provides an update on the size of the state deficit based on our recent revenue projections and provides options for the Legislature to address that larger deficit.
https://lao.ca.gov/Publications/Detail/4850

The 2024-25 Budget: Deficit Update

Feb 20, 2024 - For example, the administration frequently displayed “operating surpluses ” in its multiyear forecasts excluding this type of spending —implying that the administration understood that the state could not afford all of the commitments under its own projections, but the state could afford the ongoing budget.
https://lao.ca.gov/Publications/Report/4850

K-12 Funding by Source [EdBudget]

Aug 17, 2022 - K-12 Funding by Source [EdBudget]     a Consists primarily of state pension payments on behalf of districts, state debt service on school facility bonds, non-Proposition 98 funding for the California State Preschool Program, and operational expenses of the California Department of Education. b Excludes funding for child care
https://lao.ca.gov/Education/EdBudget/Details/661

The 2020-21 Budget: School District Budget Trends

Jan 21, 2020 - School Employees Are Part of One of Two Pension Systems. The California State Teachers ’ Retirement System (CalSTRS) administers pension benefits for school teachers, administrators, and other certificated employees (such as nurses, librarians, and counselors), whereas the California Public Employees ’ Retirement System (CalPERS) administers pension benefits for noncertificated employees (such as clerical staff).
https://lao.ca.gov/Publications/Report/4136

Unclear value of Governor's hybrid plan study proposal. Inappropriate for CalPERS to lead effort.

May 20, 2011 - AB 702 included a $727 million allocation--dubbed by many as a "raid " on CalPERS funds--to offset state pension contribution costs. Largely in response to AB 702, the California State Employees Association and other labor and retiree groups mobiliz ed to place before California voters Proposition 162 , a measure that essentially overturned AB
https://lao.ca.gov/Recommendations/Details/430

Funding for students attending private schools. [Ballot]

Oct 13, 2021 - Similar to the state, public schools also make pension contributions that include both of these components. (Most other public school employees also qualify for pensions when they retire, but the state does not fund these pensions directly.)
https://lao.ca.gov/BallotAnalysis/Initiative/2021-011