MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Jan 23, 2017 - This maximum contribution is sometimes referred to as the “100/90 formula. ” In 2017, the 100/90 formula entitles retirees to a maximum state contribution towards their healthcare of $707 per month for single coverage.
https://lao.ca.gov/Publications/Report/3534

MOU Fiscal Analysis: Bargaining Unit 12 (Craft and Maintenance)

Sep 1, 2023 - Due to one-time costs associated with provisions of the agreement, 2025 ‑26 would be the highest cost year resulting from the agreement, increasing costs in that year by $152  million ($58  million from the General Fund).
https://lao.ca.gov/Publications/Report/4798

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

May 16, 2017 - However, under the same projections, the full benefits of those lower rates would not materialize until 2022-23. In the interim years, we suspect that some special funds and other state funds may face a net cost from this loan.
https://lao.ca.gov/Publications/Report/3673

MOU Fiscal Analysis: Bargaining Units 1, 3, 4, 11, 14, 15, 17, 20, and 21 (SEIU Local 1000)

Sep 6, 2019 - The dollar amount seems to be based roughly on the difference between the state ’s contribution to two-party coverage under the 80/80 formula versus the 100/90 formula (where the state pays 100  percent of the average premium for the employee and 90  percent of the average premium cost for additional premiums).
https://lao.ca.gov/Publications/Report/4094

MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol)

Aug 23, 2024 - Other solutions provided longer-term solutions, including (1) ending a previous practice of transferring about $90 million annually from MVA to the General Fund; (2) authorizing vehicle registration fees to be adjusted annually based on the percent change in the CA-CPI to account for inflation; (3) shifting certain programs from MVA to other fund sources; and (4) shifting away from using up-front cash from MVA to pay for CHP’s and DMV’s facility needs.
https://lao.ca.gov/Publications/Report/4920

A Review of the CalSTRS Funding Plan: State’s Future Responsibility for CalSTRS Uncertain

Feb 2, 2016 - Because theoretical assets that determine the state’s share of the unfunded liability fluctuate more than real world assets and because the state’s share of the unfunded liability ($15 billion) is much smaller than the district share ($58 billion), the state share will be relatively sensitive to changes in assets.
https://lao.ca.gov/Publications/Report/3336

MOU Fiscal Analysis: Bargaining Unit 7 (Protective Services and Public Safety)

Aug 8, 2019 - The agreement would provide 58 classifications Special Salary Adjustments (SSAs). In total, as shown in Figure  2, about 80  percent of the bargaining unit would receive SSAs in addition to the GSIs described above.
https://lao.ca.gov/Publications/Report/4085

The 2022-23 Budget: Analysis of the Care Economy Workforce Development Package

Mar 10, 2022 - The 2022-23 Budget: Analysis of the Care Economy Workforce Development Package The 2022‑23 Budget Analysis of the Care Economy Workforce Development Package Summary. This budget post provides (1)  an overview of the Governor ’s budget proposal to provide $1.7  billion (mostly General Fund) across three years for several workforce development augmentations
https://lao.ca.gov/Publications/Report/4572

A Review of the CalSTRS Funding Plan: Conclusion

Feb 2, 2016 - Meanwhile, that calculation, coupled with CalSTRS ’ treatment of the higher teacher contributions required by the funding law, have increased the school and community college district share from $47 billion to $58 billion.
https://lao.ca.gov/Publications/Report/3339

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Sep 7, 2023 - Correctional Officer Academy Turns Away More Than 90  Percent of Qualified Applicants. The job of state correctional officer consistently is a sought-after job. Between 2013 ‑14 and 2022 ‑23, CDCR received 372,998 applications to the correctional officer academy.
https://lao.ca.gov/Publications/Report/4800