Repaying the State’s Federal Unemployment Insurance Loan

May 26, 2021 - The federal UI tax rate continues to increase by increments of 0.3  percentage points each year until the loans are fully repaid, at which point the federal tax returns to its usual rate of 0.6  percent.
https://lao.ca.gov/Publications/Report/4442

MOU Fiscal Analysis: Bargaining Unit 13 (Stationary Engineers)

Aug 26, 2019 - Specifically, employees with (1)  7 years of continuous plant experience would receive a 5  percent differential, (2)  10 years of continuous plant experience would receive a 7  percent differential, and (3)  13 years of continuous plant service would receive a 9  percent differential.
https://lao.ca.gov/Publications/Report/4090

The 2020-21 Budget: Improving the State's Unpaid Wage Claim Process

Feb 19, 2020 - Second, only a small portion of affected workers statewide file wage claims each year, meaning the vast majority of unpaid wages go uncontested. Addressing these ongoing challenges would require close legislative involvement over several years and, potentially, significant new resources at the Labor Commissioner ’s Office.
https://lao.ca.gov/Publications/Report/4165

MOU Fiscal Analysis: Bargaining Unit 16 (Physicians)

Mar 14, 2017 - Most state employees receive 50  percent of the maximum contribution from the state if they retire with 10 years of service, with this amount growing each year until it reaches 100  percent of the maximum contribution if they retire after 20 or more years.
https://lao.ca.gov/Publications/Report/3617

The 2020-21 Budget: Overview of the Governor's Budget [Publication Details]

Jan 13, 2020 - The Governor allocates most of the surplus toward one-time purposes, including maintaining a positive year-end balance in the state’s discretionary reserve. Under the administration’s estimates, total reserves would reach $20.5 billion at the end of 2020-21—this represents a $1.7 billion increase from the 2019-20 enacted level.
https://lao.ca.gov/Publications/Detail/4135

MOU Fiscal Analysis: Bargaining Units 1, 3, 4, 11, 12, 13, 14, 15, 17, 18, 19, 20, and 21

Jan 10, 2017 - The proposed agreements have notably longer terms—ranging from between three years and five years in duration. The 13 proposed agreements tend to end about one year later than the agreements the Legislature has ratified since 2015.
https://lao.ca.gov/Publications/Report/3520

CalSTRS Funding: An Update [Publication Details]

May 5, 2017 - The CalSTRS board recently acted to change assumptions used to estimate its unfunded liabilities, including the key assumption about future investment returns--sometimes referred to as the "discount rate." These and other recent developments have eroded CalSTRS' funding situation.
https://lao.ca.gov/Publications/Detail/3662

The 2017-18 Budget: Increased Staffing for Labor Standards Enforcement

Mar 3, 2017 - Targeting of BOFE Inspections Appears to Have Significantly Improved in Recent Years. Our review of legislatively required reports for 2009 ‑10 through 2013 ‑14 (the most recent year for which a report has been submitted) indicates that the targeting of BOFE inspections significantly improved over this period.
https://lao.ca.gov/Publications/Report/3602

Cost Shift to Teacher Retirement Costs Raises Short-Term and Long-Term Issues [Publication Details]

Feb 24, 2005 - The Governor proposes shifting $469 million in General Fund teacher retirement costs to school districts and/or schools. Due to current law requirements, it is likely that the proposal would require a $469 million upward “rebenching” of Proposition 98’s minimum guarantee—nullifying the proposed General Fund savings.
https://lao.ca.gov/Publications/Detail/1270

Revisiting the Unemployment Insurance Trust Fund Insolvency

Sep 30, 2016 - (In a typical recession the trust fund would receive some revenues, although less than in years of economic growth due to decreased taxable wages. However, the effects of a major recession would stretch across multiple years.)
https://lao.ca.gov/Publications/Report/3503/3