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 2017-18 Budget: Governor’s CalPERS Borrowing Proposal

May 16, 2017 - One type of stochastic modeling is referred to as “Monte Carlo simulations. ” These simulations test the effect of many random investment return scenarios in the future to determine a range of probable changes to contributions to a pension system over time.
https://lao.ca.gov/Publications/Report/3673

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Sep 7, 2023 - We reviewed the proposed memorandum of understanding (MOU) for Bargaining Unit 6 (Corrections). This review is pursuant to Section 19829.5 of the Government Code.
https://lao.ca.gov/Publications/Report/4800