Unit 8 (Firefighters) MOU Analysis [Publication Details]

Aug 26, 2022 - Unit 8 (Firefighters) MOU Analysis [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/4621

Unit 8 (Firefighters) MOU Analysis

Aug 26, 2022 - Unit 8 (Firefighters) MOU Analysis August 26, 2022 Unit 8 (Firefighters) MOU Analysis On August 25, 2022, our office received a proposed memorandum of understanding (MOU) between the state and Bargaining Unit 8 (Firefighters).
https://lao.ca.gov/Publications/Report/4621

The 2017-18 Budget: Governor’s CalPERS Borrowing Proposal

May 16, 2017 - However, under the same projections, the full benefits of those lower rates would not materialize until 2022-23. In the interim years, we suspect that some special funds and other state funds may face a net cost from this loan.
https://lao.ca.gov/Publications/Report/3673

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Sep 7, 2021 - Effective January 1, 2022, the proposed agreement would (1) increase the maximum of the salary range of most Unit  8 classifications by 2.62 percent and (2) increase the pay of employees in these classifications by 2.62 percent for the term of the agreement.
https://lao.ca.gov/Publications/Report/4451

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters) [Publication Details]

Sep 7, 2021 - MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters) [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/4451

MOU Fiscal Analysis: Bargaining Unit 7 (Protective Services and Public Safety)

Aug 8, 2019 - The agreement would provide 58 classifications Special Salary Adjustments (SSAs). In total, as shown in Figure  2, about 80  percent of the bargaining unit would receive SSAs in addition to the GSIs described above.
https://lao.ca.gov/Publications/Report/4085

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Jan 23, 2017 - (We discuss the total pay increases received by Unit 8 members later in this analysis.) Firefighter I Pay. Current state law increases the minimum wage from $10.50 per hour in 2017 to $15 per hour by 2022.
https://lao.ca.gov/Publications/Report/3534

MOU Fiscal Analysis: Bargaining Unit 12 (Craft and Maintenance)

Sep 1, 2023 - Due to one-time costs associated with provisions of the agreement, 2025 ‑26 would be the highest cost year resulting from the agreement, increasing costs in that year by $152  million ($58  million from the General Fund).
https://lao.ca.gov/Publications/Report/4798

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Aug 19, 2025 - The Legislature did not know the full fiscal effect of a 66-hour duty week in August 2022. However, the Legislature now knows that a six-hour duty week reduction requires a substantial, new, and ongoing General Fund commitment of nearly $1  billion annually (by 2028-29).
https://lao.ca.gov/Publications/Report/5066

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

Feb 2, 2016 - Because theoretical assets that determine the state’s share of the unfunded liability fluctuate more than real world assets and because the state’s share of the unfunded liability ($15 billion) is much smaller than the district share ($58 billion), the state share will be relatively sensitive to changes in assets.
https://lao.ca.gov/Publications/Report/3336