MOU Fiscal Analysis: Bargaining Unit 16 (Physicians, Dentists, and Podiatrists)

Jul 14, 2025 - As of June 30, 2023, the state and Unit 16 have set aside $78 million to prefund the benefit and the unfunded liability associated with Unit 16 is $365 million. The most recent actuarial valuation of Unit 16 retiree health benefits (as of June 30, 2023) estimates that the Unit 16 funding plan is now on track to fully fund Unit 16 retiree health benefits by 2042.
https://lao.ca.gov/Publications/Report/5064

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

Revisiting the Unemployment Insurance Trust Fund Insolvency

Sep 30, 2016 - This linking of costs to benefits is similar in concept to other forms of insurance that charge higher premiums to individuals and organizations with a higher likelihood (risk) of using the insurance.
https://lao.ca.gov/Publications/Report/3503/1

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - The Legislature, however, might consider more targeted initiatives linked with specific goals. For example, it could link any one ‑time workforce funding to helping with a transition to a new child care reimbursement rate system and/or higher minimum program standards.
https://lao.ca.gov/Publications/Report/3916

Revisiting the Unemployment Insurance Trust Fund Insolvency

Sep 30, 2016 - The operations and financing of state UI programs are closely linked to cycles of growth and decline in a state ’s economy. During recessions, unemployment is relatively high and more people qualify for and receive UI benefits than during periods of economic growth.
https://lao.ca.gov/Publications/Report/3503/2

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Sep 7, 2021 - Our State Workforce webpages provide additional information about this and other bargaining units and includes links to our analyses of MOUs proposed in the past. Major Provisions of Proposed Agreement Extends Term of Expired MOU.
https://lao.ca.gov/Publications/Report/4451

MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol)

Aug 23, 2024 - Similar to what CalHR has done with other bargaining units, the proposed Unit 5 agreement would link the state ’s business and travel reimbursement policy for Unit 5 to the rates established by the U.S.
https://lao.ca.gov/Publications/Report/4920

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - Recommend Linking Base Increases With Clear, Explicit Expectations. By failing to link base funding increases to clear, specific state spending priorities, the administration effectively relinquishes important budget responsibilities.
https://lao.ca.gov/Publications/Report/4135

Climate Change Impacts Across California - Workers and Employers

Apr 5, 2022 - Furthermore, a recent study linked exposure to wildfire smoke during the 2020 fire season to increased incidence of COVID‑19 infection and fatalities, suggesting smoke exposure can lead to additional health vulnerabilities.
https://lao.ca.gov/Publications/Report/4587

The 2018-19 Budget: Statewide Prison to Employment Initiative

Mar 12, 2018 - The main logic of the proposal makes sense: (1)  link in-prison CTE, post-release reentry services, and AJCC job training in order to (2)  provide ex-offenders better and expanded services, which (3)  improve employment outcomes and, as a result, (4)  helps ex-offenders remain crime-free.
https://lao.ca.gov/Publications/Report/3781