Higher Education General Fund Support Under Governor's Budget and May Revision [EdBudget]

May 14, 2023 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Education/EdBudget/Details/721

Districts' Pension Contribution Rates and Amounts [EdBudget]

Mar 16, 2023 - Excludes payments made by the state on behalf of employers. c Contribution amounts are estimates provided by CalPERS. Excludes payments made by the state on behalf of employers. CalSTRS = California State Teachers' Retirement System.
https://lao.ca.gov/Education/EdBudget/Details/715

Retirement costs

May 24, 2012 - We continue to encourage the Legislature to link any state funding for UC ’s pension costs to actual costs. In January, we were provided with information from UC that indicated that its additional costs for pensions in 2012-13 for state General Fund and tuition-funded employees would be about $78  million.
https://lao.ca.gov/Recommendations/Details/478

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

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Jan 23, 2017 - We also noted in 2015 that higher pay increases of this type drive up state pension costs. As such, it will probably end up costing the state more—including pay and pension costs—to share retiree health costs with employees than it would have costed to pay for retiree health with just an employer contribution.
https://lao.ca.gov/Publications/Report/3534

2008 Initiative Analysis: The McCauley Public Employee Pension Reform Act

These increases would likely offset all or most of the pension cost savings achieved under this measure. Fiscal Summary The measure would have the following major fiscal effects on the state and local governments: Possible reduction in pension costs for state and local governments, depending on future actions by state and local governments and courts.
https://lao.ca.gov/ballot/2008/080780.aspx

2011 Initiative Analysis: Tax Public Pensions Above $100,000 per Year Act

Proposal New State Tax on Certain CalPERS and CalSTRS Pension Income. This measure amends the State Constitution to institute a new state tax on pension benefits paid to an individual by CalPERS and/or CalSTRS that exceed $100,000 per year.
https://lao.ca.gov/ballot/2011/110519.aspx

^[PDF] Tax Public Pensions Above $100,000 per Year Act

PROPOSAL New State Tax on Certain CalPERS and CalSTRS Pension Income. This measure amends the State Constitution to institute a new state tax on pension benefits paid to an individual by CalPERS and/or CalSTRS that exceed $100,000 per year.
https://lao.ca.gov/ballot/2011/110519.pdf

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

^[PDF] Retirement benefits for state and local governmental employees in California (Amendment No. 1).

Governmental Employee Pension Benefits State and Local Governments Sponsor “Defined Benefit” Plans for Their Employees. As part of employment, the state provides defined benefit pension plans for its employees and for those of public schools and community colleges.
https://lao.ca.gov/ballot/2015/150535.pdf