MOU Fiscal Analysis: Bargaining Unit 19 (Health and Social Services/Professional)

Sep 1, 2023 - (The agreement provides the example that an employee with 62 consecutive months of service would be eligible for the 6 percent of base pay salary at 72 consecutive months worked.) Employees who have worked more than 84 consecutive months would not be eligible for any additional payment; however, the agreement would provide eligible employees who were hired prior to August 1, 2016 and who never received Pay Differential 324 a one-time $10,000 payment.
https://lao.ca.gov/Publications/Report/4797

MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol)

Aug 23, 2024 - Comparing statewide payroll data from December 2015 with data from December 2023, the statewide vacancy rate increased 62  percent from 13  percent of positions being vacant to 21  percent of positions being vacant.
https://lao.ca.gov/Publications/Report/4920

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

Mar 1, 2016 - Governor ’s 2016-17 Budget Proposals As part of the Governor ’s proposed 2016-17 state budget, the administration proposed two augmentations for PERB: (1) $885,000 to fund five new positions —bringing the board ’s total position authority to 62 positions —and (2) $217,000 to pay for costs associated with relocating the Glendale office.
https://lao.ca.gov/Publications/report/3377

Strengthening the CalSTRS Funding Plan

Mar 10, 2021 - CalSTRS members who are not subject to PEPRA are also referred to as “2% at 60” members, while those subject to PEPRA are also referred to as “2% at 62” members. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/4400

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