The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - The state has many types of solutions —or tools —for addressing a budget problem, but the most important include: reserve withdrawals, spending reductions, revenue increases, and cost shifts (for example, between funds).
https://lao.ca.gov/Publications/Report/4662

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

Feb 19, 2020 - Any improvement in the wage claim time line likely will benefit workers because fewer workers would withdraw their claims and workers could settle for higher amounts. The size of these benefits is unknown. ...But Broader Challenges and Opportunities Remain.
https://lao.ca.gov/Publications/Report/4165

MOU Fiscal Analysis: Bargaining Unit 10 (Professional Scientific)

Aug 14, 2024 - Withdrawal of ULP Charges. The proposed agreement includes a new side letter that specifies that, if the agreement were to be ratified, CalHR and CAPS-UAW each would ask PERB to stay and/or abey the two pending ULP cases brought by the parties.
https://lao.ca.gov/Publications/Report/4918

Savings Plus Program: An Optional Retirement Benefit for State Employees

Mar 14, 2017 - Before retiring, eligible participants can access the funds they have invested with SPP through either a withdrawal or a loan. Money that is withdrawn —permanently taken out of their account —before retirement may be subject to income and penalty taxes.
https://lao.ca.gov/Publications/Report/3616

The 2017-18 Budget: Governor’s CalPERS Borrowing Proposal

May 16, 2017 - For much of the late 1990s and 2000s, the yield averaged around 6  percent, although it fell after the dot-com bust and ensuing recession in the early 2000s. After the rate fell in 2008, it has remained near zero as inflation and U.S.
https://lao.ca.gov/Publications/Report/3673