The 2022-23 Budget: UC Climate-Related Proposals

Feb 16, 2022 - Proposal Lacks Key Details. Even if there was clear benefit to supporting more workforce development initiatives in California, this proposal lacks key details. The administration has not pinpointed what specific workforce development problem it is attempting to address.
https://lao.ca.gov/Publications/Report/4538

Addressing California's Key Liabilities [Publication Details]

May 7, 2014 - Addressing California's Key Liabilities [Publication Details] Video Description: This report categorizes and provides information about $340 billion in California's key retirement, infrastructure, and budgetary liabilities.
https://lao.ca.gov/Publications/Detail/3011

A Review of the CalSTRS Funding Plan: Recent Policy Change Increases District Rates

Feb 2, 2016 - CalSTRS ’ consulting actuaries found that under these bad investment scenarios, the funding plan would fall far short of its key goal of full funding. But the key issue was not necessarily with the district contribution.
https://lao.ca.gov/Publications/Report/3338

Refocusing the Workers’ Compensation Subsequent Injury Program

Jul 10, 2025 - The following options represent key policy levers the Legislature could consider to reset the program. No single option would be enough, but in combination they could help refocus SIBTF benefits to injured workers with severe work ‑limiting disabilities.
https://lao.ca.gov/Publications/Report/5062

The 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - These developments could prove helpful in the future because an adequate number of workers who have the needed skills is a key element of smooth operations at the ports. Unclear if Workforce Shortage Exists or if Training Is Key Bottleneck.
https://lao.ca.gov/Publications/Report/4540

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Aug 19, 2025 - We summarize key issues identified by CAAP below. Challenges Calculating Value of DROP. CAAP indicated that DROPs present multiple challenges for actuaries to accurately estimate the value of the benefit.
https://lao.ca.gov/Publications/Report/5066

MOU Fiscal Analysis: Bargaining Unit 9 (Professional Engineers)

Jun 27, 2025 - Background In this section, we provide background on key elements of collective bargaining for Unit 9 that are relevant to the proposed agreement. Unit 9 in Context of State Workforce Fourth Largest Bargaining Unit.
https://lao.ca.gov/Publications/Report/5061

A Review of the CalSTRS Funding Plan: Background

Feb 2, 2016 - Below, we provide key background information on pensions and CalSTRS. For additional background information on pensions, see Appendix 2 of our May 2014 report, Addressing California’s Key Liabilities .
https://lao.ca.gov/Publications/Report/3332

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - By proposing a budget with very small operating surpluses, the Governor eliminates a key tool of recession preparedness. Recommend Legislature Consider Overall Targets for Reserves and Operating Surplus.
https://lao.ca.gov/Publications/Report/4135

The 2022-23 Budget: Analysis of the Care Economy Workforce Development Package

Mar 10, 2022 - As discussed earlier, the proposed Care Economy Workforce Development package is at a conceptual stage, with key details outstanding. Furthermore, there are two major pieces of missing information which are key to supporting the rationale for this proposed package.
https://lao.ca.gov/Publications/Report/4572