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

Feb 2, 2016 - These recent developments illustrate the counterintuitive results of the odd calculation central to the CalSTRS funding plan. We note that the calculation will become even more complex next year, as CalSTRS will begin to calculate the size of a second theoretical investment portfolio that will be factore d into the district share of the unfunded liability.
https://lao.ca.gov/Publications/Report/3334

The 2023-24 Budget: Total Compensation Studies

May 24, 2023 - Specifically, we recommend that the compensations study for (1)  Units 2, 5, 6, 7, 8, 9, 10, 12, 13, and 19 be submitted on February 1, 2025 and every odd-numbered year thereafter and (2)  Units 1, 3, 4, 11, 14, 15, 16, 17, 18, 20, and 21 be submitted on February 1, 2026 and every even-numbered year thereafter.
https://lao.ca.gov/Publications/Report/4773

MOU Fiscal Analysis: Bargaining Units 10 (Professional Scientists) and 18 (Psychiatric Technician)

Sep 9, 2025 - MOU Fiscal Analysis: Bargaining Units 10 (Professional Scientists) and 18 (Psychiatric Technician) September 9, 2025 MOU Fiscal Analysis: Bargaining Units 10 (Professional Scientists) and 18 (Psychiatric Technician) The administration submitted to the Legislature proposed labor agreements between the state and Bargaining Units 10 (Professional Engineers) and 18 (Psychiatric Technicians) on August 20, 2025.
https://lao.ca.gov/Publications/Report/5073

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Jun 23, 2025 - MOU Fiscal Analysis: Bargaining Unit 6 (Corrections) June 23, 2025 MOU Fiscal Analysis: Bargaining Unit 6 (Corrections) The administration released a proposed labor agreement between the state and Bargaining Unit 6 (Corrections) on the evening of June 16, 2025.
https://lao.ca.gov/Publications/Report/5058

MOU Fiscal Analysis: Bargaining Unit 9 (Professional Engineers)

Jun 27, 2025 - MOU Fiscal Analysis: Bargaining Unit 9 (Professional Engineers) June 27, 2025 MOU Fiscal Analysis: Bargaining Unit 9 (Professional Engineers) The administration released a proposed labor agreement between the state and Bargaining Unit 9 (Professional Engineers) on June 23, 2025.
https://lao.ca.gov/Publications/Report/5061

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections) [Publication Details]

Jun 23, 2025 - MOU Fiscal Analysis: Bargaining Unit 6 (Corrections) [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/5058

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Aug 19, 2025 - MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters) August 19, 2025 MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters) The administration submitted to the Legislature a proposed labor agreement between the state and Bargaining Unit 8 (Firefighters) on July 25, 2025.
https://lao.ca.gov/Publications/Report/5066

Labor Agreements to Achieve Budgetary Savings [Publication Details]

Jul 11, 2025 - The purpose of this analysis is to serve as a historical record of these legislatively ratified labor agreements with the 19 bargaining units. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/5063

Labor Agreements to Achieve Budgetary Savings

Jul 11, 2025 - This analysis does not constitute that statutory review of the proposed Unit 16 agreement. Figure 1 Status of Labor Agreements to Achieve Budgetary Savings Ratified by Chapter 25 of 2025 (SB 139, Committee on Budget and Fiscal Review) Unit 1 Administrative, Financial, and Staff Services Unit 2
https://lao.ca.gov/Publications/Report/5063

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

Jun 27, 2025 - MOU Fiscal Analysis: Bargaining Unit 12 (Craft and Maintenance) June 27, 2025 MOU Fiscal Analysis: Bargaining Unit 12 (Craft and Maintenance) The administration released a proposed labor agreement between the state and Bargaining Unit 12 (Craft and Maintenance) on the evening of June 23, 2025.
https://lao.ca.gov/Publications/Report/5060