A Review of the CalSTRS Funding Plan: Background

Feb 2, 2016 - Since the late-1990s, when CalSTRS was estimated to be fully funded, its funding situation has worsened due mainly to three factors: Beginning in the late 1990s, a series of state actions increased member benefits and reduced state and teacher contributions to CalSTRS ’ main pension fund; Large investment losses, most notably during the 2008 financial crisis and
https://lao.ca.gov/Publications/Report/3332

CalSTRS Funding: An Update

May 5, 2017 - Had less generous benefits been paid to members and had more contributions been made to the investment fund, CalSTRS would have had more assets. In order to estimate what CalSTRS ’ unfunded liabilities would have been in this theoretical situation, the calculation assumes that CalSTRS ’ investment portfolio is larger than it actually is today.
https://lao.ca.gov/Publications/Report/3662

The 2025-26 Budget: Department of Developmental Services

Mar 5, 2025 - Subsequently, the Secretary of California Health and Human Services (CalHHS) appointed members to the Master Plan for Developmental Services Committee. These members were assigned to one of five workgroups; each workgroup developed recommendations pursuant to a specific goal for the developmental services system.
https://lao.ca.gov/Publications/Report/5008

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

Feb 2, 2016 - Had less generous benefits been paid to members and had more contributions been made to the investment fund, CalSTRS would have had more assets. The calculation tries to capture these effects. That is, the calculation reflects a fictional investment portfolio that has more assets than CalSTRS’ real world portfolio.
https://lao.ca.gov/Publications/Report/3334

Update on the Progress of the CalSTRS Funding Plan

Nov 18, 2021 - Funded Ratio Improved While Total UAO Increased Slightly. The 2019-20 valuation reflects a slight improvement in the DB program ’s funded ratio, which increased from 66 percent as of June 2019 to 67 percent as of June 2020.
https://lao.ca.gov/Publications/Report/4475

The 2022-23 Budget: Special Education Proposals

Jan 25, 2022 - As Figure  1 shows, under current law —where attendance is calculated at the SELPA level —a member district with growing attendance could have their gains offset by another member district with declining attendance.
https://lao.ca.gov/Publications/Report/4494

The 2021-22 Budget: “Cradle to Career” Data System

Mar 26, 2021 - We also believe the Legislature should have a larger role in selecting members of the governing board. Under the Governor ’s proposal, the Governor would get to select four public members while the Senate and Assembly combined would get to select only two public members.
https://lao.ca.gov/Publications/Report/4409

Updating Special Education Out-of-Home Care Funding

Feb 23, 2021 - The work group found interagency collaboration to be highly important in improving foster youth outcomes and sought to encourage such collaboration through its work. Members expressed interest in encouraging a stronger role for education on the child and family team to help ensure that educational issues are taken into consideration during placement decisions.
https://lao.ca.gov/Publications/Report/4386

Proposition 98 Roadmap [Publication Details]

Feb 21, 2007 - Such a roadmap could help the Legislature establish long-term funding priorities, coordinate investments, and maximize potential benefits by linking new monies with policy improvements. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/1615

The 2025-26 Budget: Educator Workforce

Mar 7, 2025 - Some Schools Hire Coaches and Specialists in Math or Literacy to Improve Instruction. Coaches and specialists support teachers and other school staff to deliver effective instruction and improve student outcomes.
https://lao.ca.gov/Publications/Report/5012