MOU Fiscal Analysis: Bargaining Unit 7 (Public Safety)

Sep 7, 2023 - The most recent (July) California Consumer Price Index was 3.1  percent higher compared to the prior year. Since 2020, however, prices have risen 17  percent. To the extent that the lower real average base pay in 2022 is a reflection of past GSIs not keeping pace with inflation, the tentative agreement ’s GSI in 2023 ‑24 would maintain wages, but would not catch up to prior price increases.
https://lao.ca.gov/Publications/Report/4802

MOU Fiscal Analysis: Bargaining Units 1, 3, 4, 11, 14, 15, 17, 20, and 21 (SEIU Local 1000)

Sep 7, 2023 - The most recent (July) California Consumer Price Index was 3.1  percent higher compared to the prior year. Since 2020, however, prices have risen 17  percent. GSIs provided by prior agreements to some bargaining units represented by Local 1000 did not keep pace with these increases, as noted above.
https://lao.ca.gov/Publications/Report/4799

The 2023-24 Budget: Total Compensation Studies

May 24, 2023 - Article 3.1 of the MOU for professional engineers requires CalHR and the union representing professional engineers (Professional Engineers in California Government) to jointly complete an annual salary survey.
https://lao.ca.gov/Publications/Report/4773

Strengthening the CalSTRS Funding Plan

Mar 10, 2021 - Specifically, CalSTRS investments returned 3.9  percent in 2019 ‑20, compared to the assumed 7  percent rate, meaning CalSTRS experienced an actuarial loss of 3.1  percentage points. As noted in the preceding paragraph, the state ’s rate already was scheduled to increase by the maximum allowed amount in 2020 ‑21 and for the following two to three years.
https://lao.ca.gov/Publications/Report/4400

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Sep 7, 2023 - The most recent (July) California Consumer Price Index was 3.1  percent higher compared to the prior year. Since 2020, however, prices have risen 17  percent. GSIs provided by prior agreements to Unit  6 did not keep pace with these increases, as noted above.
https://lao.ca.gov/Publications/Report/4800