The 2020-21 Budget: Staffing to Address New Independent Contractor Test

Feb 11, 2020 - Analysis Predicting AB  5 Workload Difficult at This Early Stage . . . As we noted earlier, at this time we cannot predict how many contractors will be reclassified and hired as employees due to AB  5.
https://lao.ca.gov/Publications/Report/4151

MOU Fiscal Analysis: Bargaining Units 10 (Professional Scientists) and 18 (Psychiatric Technician)

Sep 9, 2025 - Suspending the state ’s prefunding contributions reduces state department costs by between 1  percent of pay and 4.5  percent of pay in 2025-26 and 2026-27. (The General Fund share of these costs are paid from the state ’s required annual debt payments under Proposition  2 [2014].)
https://lao.ca.gov/Publications/Report/5073

MOU Fiscal Analysis: Bargaining Unit 9 (Professional Engineers)

Jun 27, 2025 - Specifically, the top steps would increase 4.5  percent and the bottom steps would increase 2  percent. This would have the effect of a 4.5  percent pay increase for any employee at the top step of the salary range and a 2  percent pay increase for all other employees.
https://lao.ca.gov/Publications/Report/5061

Unit 2 (Attorneys) MOU Analysis

Aug 25, 2022 - Effective July 1, 2023, the top step of three administrative law judge classifications would increase by 4.5  percent. 4.5  Percent Top Step Increase for Most Unit 2 Classifications in 2024-25. Effective July 1, 2024, the top step of all Unit 2 classifications, except classifications equivalent to the Attorney III classification, would increase 4.5  percent. 10  Percent Top Step Increase for Attorney Level III Classifications in 2024-25.
https://lao.ca.gov/Publications/Report/4619

MOU Fiscal Analysis: Bargaining Unit 16 (Physicians, Dentists, and Podiatrists)

Jul 14, 2025 - Suspending the state ’s prefunding contributions reduces the state ’s costs by between 1  percent of pay and 4.5  percent of pay in 2025-26 and 2026-27. (The General Fund share of these costs are paid from the state ’s required annual debt payments under Proposition  2 [2014].)
https://lao.ca.gov/Publications/Report/5064

A Review of the CalSTRS Funding Plan: Funding Plan May Not Meet Principle of “Shared Responsibility”

Feb 2, 2016 - Reflects 4.5 percent return in 2014-15. Whether State Shares in Responsibility Depends On Future Investment Experience. As we described in our second post , the funding plan—as implemented—makes the state responsible for an estimate of what CalSTRS’ unfunded liabilities would be today if the state had made different decisions about teacher pensions in the past.
https://lao.ca.gov/Publications/Report/3337

The 2022-23 Budget: State Payments on the Federal Unemployment Insurance Loan

Feb 15, 2022 - Under the high interest rate scenario, the federal interest rate increases from 2.2  percent to 4.5  percent over the next several years and remains at that level. Figure 3 Looking Ahead at State Costs to Repay the Federal UI Loan LAO Projections (In Millions)
https://lao.ca.gov/Publications/Report/4543

MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol)

Aug 23, 2024 - MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol) August 23, 2024 MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol) On August 20, 2024, the administration submitted to our office a proposed memorandum of understanding (MOU) between the state and Bargaining Unit 5 (Highway Patrol).
https://lao.ca.gov/Publications/Report/4920

CalSTRS Funding: An Update

May 5, 2017 - Figure 5 Detail on Calculation of Responsibility for CalSTRS ’ Unfunded Liabilities 2 015 ‑16 (In Billions)
https://lao.ca.gov/Publications/Report/3662

MOU Fiscal Analysis: Bargaining Unit 9 (Professional Engineers)

Aug 28, 2018 - Specifically, the agreement would give employees a 4.5  percent pay increase retroactively effective on July 1, 2018 and a 4  percent pay increase effective on July 1, 2019. (Under the current MOU, Unit 9 members received GSIs in 2016-17 [5  percent] and 2017-18 [2  percent].)
https://lao.ca.gov/Publications/Report/3880