Informational: Comparison of Workforce Investment Act Discretionary Fund Expenditure Plans [Publication Details]

Jun 13, 2008 - Informational: Comparison of Workforce Investment Act Discretionary Fund Expenditure Plans [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/1857

Workforce Investment Act [Publication Details]

Feb 16, 1999 - Workforce Investment Act [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only. The LAO is unable to guarantee the accuracy of this translation and is therefore not liable for any inaccurate information resulting from the translation application tool.
https://lao.ca.gov/Publications/Detail/609

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

Feb 2, 2016 - We note that state contributions could also be much higher than under prior law if CalSTRS lowers its assumption concerning future investment returns. Near-Term Investment Returns Will Not Settle This Issue.
https://lao.ca.gov/Publications/Report/3337

A Review of the CalSTRS Funding Plan: Theoretical Investment Gains Have Shifted Unfunded Liabilities to Districts

Feb 2, 2016 - This is important because when CalSTRS records investment gains in the real world, the calculation gives the state the benefit of additional, theoretical gains off the fictional portion of the investment portfolio.
https://lao.ca.gov/Publications/Report/3334

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

Feb 2, 2016 - Figure 1 illustrates district contributions under scenarios in which investment returns consistently fall far short of investment returns. As shown in the figure, the state rate could be expected to increase steadily through the period in response to bad investment returns, but district rates would not change significantly.
https://lao.ca.gov/Publications/Report/3338

CalSTRS Funding: An Update

May 5, 2017 - Investment Return and Other Economic Assumptions Investment Return Is Most Important Assumption. Actuarial valuations are premised on various assumptions about economic and demographic factors. The most important assumption concerns future investment returns.
https://lao.ca.gov/Publications/Report/3662

A Review of the CalSTRS Funding Plan: State’s Future Responsibility for CalSTRS Uncertain

Feb 2, 2016 - Investment Return Simulations Illustrate Relative Volatility in State Share. In June 2015, CalSTRS ’ consulting actuaries provided the CalSTRS board with a simulation of 1,000 possible future investment return scenarios.
https://lao.ca.gov/Publications/Report/3336

The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - Investment Returns. Under the California Constitution, the CalPERS Board has plenary authority and fiduciary responsibility to invest the pension system ’s assets. The returns on these invested assets constitute the largest funding source for the system.
https://lao.ca.gov/Publications/Report/4887

Savings Plus Program: An Optional Retirement Benefit for State Employees

Mar 14, 2017 - Variety of Investment Options. People choose how to invest their retirement savings based on personal investment goals, the amount of time before they expect to draw down savings, how involved they want to be in managing their investments, the level of risk that they want to take, and their willingness to pay fees.
https://lao.ca.gov/Publications/Report/3616

Strengthening the CalSTRS Funding Plan

Mar 10, 2021 - Simplifying these aspects of the funding plan could help improve legislative oversight, lessen the volatile effects of investment returns on the state ’s actuarially required contribution rate, and align impacts of investment returns across the state ’s and employers ’ actuarially required contribution rates.
https://lao.ca.gov/Publications/Report/4400