A Review of the CalSTRS Funding Plan: Background

Feb 2, 2016 - Funding Plan a Major State Accomplishment. Prior to state action, CalSTRS faced a huge unfunded liability with no plan in place for funding teacher pensions. CalSTRS was expected to exhaust its assets in the mid-2040s, an alarming prospect for a pension system.
https://lao.ca.gov/Publications/Report/3332

MOU Fiscal Analysis: Bargaining Unit 7 (Protective Services and Public Safety) [Publication Details]

Aug 8, 2019 - We reviewed the proposed memorandum of understanding (MOU) for Bargaining Unit 7 (Protective Services and Public Safety). Bargaining Unit 7 is represented by the California Statewide Law Enforcement Association (CSLEA). This review is pursuant to Section 19829.5 of the Government Code.
https://lao.ca.gov/Publications/Detail/4085

The 2018-19 Budget: Repaying the CalPERS Borrowing Plan

Apr 4, 2018 - Retirement Liabilities State Pensions Funded From Three Sources. The state provides pension benefits to retired state and California State University employees through the CalPERS pension system. CalPERS pensions are funded from three sources: investment gains, employer contributions, and employee contributions.
https://lao.ca.gov/Publications/Report/3797

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

A Review of the CalSTRS Funding Plan: CalSTRS Funding Plan Relies on Abstract Calculation

Feb 2, 2016 - The calculation estimates what CalSTRS ’ funding situation would be today had the state made different decisions about teacher pensions in the past. Specifically, the calculation estimates what CalSTRS ’ unfunded liabilities would be if (1) the state never granted teachers more generous pensions in the late 1990s and (2)
https://lao.ca.gov/Publications/Report/3333

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

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

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

Funding for students attending private schools and homeschool. [Ballot]

Sep 27, 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 t hese pensions directly.)
https://lao.ca.gov/BallotAnalysis/Initiative/2021-006

Evaluating Tax Policy Changes in the Governor's Budget [EconTax Blog]

Feb 22, 2024 - Given the state ’s budget condition, the proposal warrants serious consideration. Collectively, the tax policy changes proposed by the Governor would help address the state ’s budget problem by raising about $400 million in new revenue.
https://lao.ca.gov/LAOEconTax/Article/Detail/797