A Review of the CalSTRS Funding Plan: Background

Feb 2, 2016 - Resolution Chapter 123, Statutes of 2012 (SCR 105, Negrete McLeod): (1) declared the intent of the Legislature to address CalSTRS ’ long-term funding needs and (2) encouraged CalSTRS to develop options to address those needs.
https://lao.ca.gov/Publications/Report/3332

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

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

Jun 27, 2025 - The state and Unit 12 agreed to this prefunding arrangement in 2017 with the fund expected to be fully funded for Unit 12 within 30 years (we note that the state and Unit 12 had agreed to some prefunding of this benefit in 2013, as described in the actuarial valuation as of June 30, 2016).
https://lao.ca.gov/Publications/Report/5060

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Jun 23, 2025 - The state and Unit 6 agreed to this prefunding arrangement in 2016 with the fund expected to be fully funded for Unit 6 by 2048. Today, the state and employees represented by Unit 6 each contribute 4 percent of pay to prefund the benefit for Unit 6 members.
https://lao.ca.gov/Publications/Report/5058

The 2017-18 Budget: Public Employment Relations Board (PERB)

Feb 17, 2017 - In the event that PERB does not move its Los Angeles regional office in 2016-17, what will happen to the $217,000 appropriated in 2016-17 for costs related to relocating this office? Are any of the three positions being held vacant for budgetary purposes: either the three positions the Legislature authorized as part of the 2016-17 Budget Act or the positions associated with the two vacant board seats?
https://lao.ca.gov/Publications/Report/3566

The 2016-17 Budget: Public Employment Relations Board (PERB)

Mar 1, 2016 - The board ’s public discussions (see June 11, 2015 ; August 13, 2015 ; October 8, 2015 ; December 10, 2015 ; and February 11, 2016 board minutes), the Governor’s 2016-17 budget , and the 2016-17 budget proposals discussed later in this analysis all illustrate the board’s recent budget difficulties.
https://lao.ca.gov/Publications/report/3377

MOU Fiscal Analysis: Bargaining Unit 10 (Scientists)

Sep 9, 2015 - The administration provided fiscal estimates (refer to page 8 of this pdf ) of various provisions that would affect Unit 10 employee compensation: 2016-17 Pay Increase for All. Unit 10 employees would receive a 5 percent pay increase on July 1, 2016.
https://lao.ca.gov/Publications/Report/3297

MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol)

Aug 23, 2024 - The administration ’s fiscal estimates indicate that 1,165 rank-and-file and 105 excluded employees receive this pay differential. The administration estimates that the provision would increase annual state costs by $658,000.
https://lao.ca.gov/Publications/Report/4920

MOU Fiscal Analysis: Bargaining Unit 9 (Professional Engineers)

Sep 4, 2015 - The administration provided fiscal estimates (refer to Page 7 of this pdf ) of various provisions that would affect Unit 9 employee compensation: 2016-17 Pay Increases for All. Unit 9 employees would receive a 5 percent pay increase on July 1, 2016.
https://lao.ca.gov/Publications/Report/3296

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

Jun 24, 2016 - Figure 1 Proposed Pay Increases to Agent Classifications at Alcoholic Beverage Control Class Code Proposed Monthly Pay Range (% Increase) 2016-17 Salary Increase a (13) 5 a The agreement would provide all employees the specified pay increase in 2016-17.
https://lao.ca.gov/Publications/Report/3486