Repaying the State’s Federal Unemployment Insurance Loan

May 26, 2021 - Repaying the State’s Federal Unemployment Insurance Loan May 26, 2021 Repaying the State ’s Federal Unemployment Insurance Loan The Governor ’s 2021 ‑22 May Revision budget proposes $36  million General Fund to pay the first, partial payment on the state ’s outstanding federal Unemployment Insurance (UI) loan and proposes to direct $1.1  billion in federal American Rescue Plan (ARP) Act funds to pay down a portion of the outstanding loan.
https://lao.ca.gov/Publications/Report/4442

The 2021-22 May Revision: Golden State Stimulus 2

May 18, 2021 - (The federal American Rescue Plan [ARP] Act subsequently provided additional one-time grants to CalWORKs families.) The state ’s first stimulus program also provided an extra $600 payment to low-income undocumented workers who pay taxes using an individual taxpayer identification number (ITIN).
https://lao.ca.gov/Publications/Report/4435

Savings Plus Program: An Optional Retirement Benefit for State Employees

Mar 14, 2017 - The ARP and PST are not included in this report ’s analysis of SPP. Four Account Types Available to Participating Employees. The types of retirement savings plans available to state employees through SPP include 401(k) and 457(b) retirement savings plans.
https://lao.ca.gov/Publications/Report/3616

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