Unit 9 (Professional Engineers) MOU Analysis

Aug 25, 2022 - The proposed agreement would increase pay for Unit 9 members by a compounded 7.7  percent over the term of the agreement. Inflation has accelerated recently, with prices increasing close to 9  percent over the last year.
https://lao.ca.gov/Publications/Report/4620

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