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Labor and Workforce (6)
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The 2025-26 Budget: Concession Bargaining

May 19, 2025 - The proposed control section would authorize the administration to impose reductions of any amount through any policy if reductions are not established under a collective bargaining agreement by Jul y 1, 2025.
https://lao.ca.gov/Publications/Report/5047

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Sep 7, 2021 - For example, the smallest identified lag was that of Firefighter II with state compensation lagging local compensation b y 16 percent and the largest identified lag was that of Battalion Chief with state compensation lagging local compensation by 41 percent.
https://lao.ca.gov/Publications/Report/4451

The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - As a result of this statute, the state regularl y contributes a percentage of pay above what is actuarially required and established by the CalPERS Board. In 2024 ‑25, the state ’s supplemental payment under this section ranges from 0.1  percent of pay for Miscellaneous employees to 1.65  percent of pay for employees in the Peace Officer and Firefighter pension and is expected to total less than $100  million General Fund.
https://lao.ca.gov/Publications/Report/4887

MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol)

Aug 23, 2024 - This is not consistent with our long-standing recommendation that the Legislature only approve MOUs with terms of one or two y ears. The basis of this recommendation is to preserve legislative flexibility to respond to changing economic conditions.
https://lao.ca.gov/Publications/Report/4920

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Sep 7, 2023 - As this cohort, and the officers hired before this cohort, became eligible for retirement, the y have retired and have been replaced by new, younger correctional officers. The growth in retirements that CDCR has experienced in recent years likely is due more to the natural aging of the workforce rather than a response to Unit  6 compensation levels.
https://lao.ca.gov/Publications/Report/4800

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