MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Jun 23, 2025 - The agreement would provide a 3  percent GSI on July 1, 2025 and another 3  percent GSI on July 1, 2027. A GSI adjusts the entire salary range for each classification represented by a bargaining unit, meaning that the pay increase applies to all Unit 6 members.
https://lao.ca.gov/Publications/Report/5058

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections) [Publication Details]

Jun 23, 2025 - MOU Fiscal Analysis: Bargaining Unit 6 (Corrections) [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5058

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

May 16, 2017 - However, as shown in Figure  1, these average yields have varied over time. In the early 1980s, they were generally above 10  percent and fell to around 9  percent in the early 1990s. 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.
https://lao.ca.gov/Publications/Report/3673

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

Feb 2, 2016 - Figure 1 displays CalSTRS ’ projections of the state and district shares of unfunded liabilities under a sample of simulations reflecting average investment returns of between 5.6 percent and 10.9 percent.
https://lao.ca.gov/Publications/Report/3336

Unit 9 (Professional Engineers) MOU Analysis

Aug 25, 2022 - As Figure  1 shows, the administration estimates that, by 2024-25, the agreement would increase state annual costs by $220.3  million ($6.5  million General Fund). Figure 1 Administration ’s Fiscal Estimates of Proposed Unit 9 Agreement (In Millions) Professional society and organization dues a — Transportation Surveyor recruitment and retention pay differential
https://lao.ca.gov/Publications/Report/4620

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

Refocusing the Workers’ Compensation Subsequent Injury Program

Jul 10, 2025 - As shown in Figure  6 , the 2024 ‑25 tax is expected to generate $850  million, nearly double the amount necessary to replenish the fund in the prior year. …But Increase Only Reflects Processed Claims, Understating Full Costs.
https://lao.ca.gov/Publications/Report/5062

Collective Bargaining: Assessing Proposed Employee Compensation Increases

Mar 20, 2020 - The rank-and-file employees and managers associated with the eight bargaining units with MOUs that the Legislature likely will consider in 2020 account for 37  percent of the state workforce and 58  percent of the state ’s General Fund payroll costs.
https://lao.ca.gov/Publications/Report/4206

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 5 (Highway Patrol)

Aug 23, 2024 - The administration ’s fiscal estimates indicate that about 235 rank-and-file employees and about 58 excluded employees receive this payment and that the provision would increase annual state costs by $699,000.
https://lao.ca.gov/Publications/Report/4920