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Labor and Workforce (16)
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The 2022-23 Budget: UC Climate-Related Proposals

Feb 16, 2022 - The 2022-23 Budget: UC Climate-Related Proposals The 2022-23 Budget UC Climate-Related Proposals Summary. The Governor ’s budget includes a total of $185  million one ‑time General Fund for three University of California (UC) climate ‑related proposals focused on research, technology incubators, and workforce development hubs.
https://lao.ca.gov/Publications/Report/4538

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

Jan 13, 2020 - Figure  1 displays revised 2018 ‑19 and 2019 ‑ 20 b udget estimates as well as proposed estimates for 2020 ‑21. At the bottom of the figure, we display the total reserves planned for the end of 2020 ‑21 under the administration ’s estimates and assumptions.
https://lao.ca.gov/Publications/Report/4135

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

Feb 2, 2016 - Figure 1 displays CalSTRS ’ projections of the state and district shares of unfunded liabilities under a sample of simulations reflecting average investment returns of between 5.6 percent and 10.9 percent.
https://lao.ca.gov/Publications/Report/3336

The 2016-17 Budget: Labor Code Private Attorneys General Act Resources

Mar 25, 2016 - Figure  1 displays the amount of PAGA penalties received by the LWDF in recent years. Figure 1 PAGA Penalties Deposited in the Labor and Workforce Development Fund (In Millions) 8.4 PAGA = Private Attorneys General Act.
https://lao.ca.gov/Publications/Report/3403

The 2022-23 Budget: Analysis of the Care Economy Workforce Development Package

Mar 10, 2022 - Mental Health Workforce Development 110.0 b Provide funding for loan repayment and scholarships to mental health practitioners, mental health training for primary care clinicians, and local mental health workforce initiatives. 2020 ‑21 Increase enrollment at UC Riverside School of Medicine and UC San Francisco campus at Fresno. 2021 ‑22 Children and Youth
https://lao.ca.gov/Publications/Report/4572

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

Jan 14, 2019 - For UC, $ 200  m illion of its ongoing augmentation is intended to cover increases in operating costs (including some employee compensation costs), student success initiatives, student hunger and housing initiatives, mental health services, and 2018 ‑ 19 e nrollment.
https://lao.ca.gov/Publications/Report/3916

Revisiting the Unemployment Insurance Trust Fund Insolvency

Sep 30, 2016 - Should a recession occur, trust fund reserves would be lower than displayed here. Meeting DOL Reserve Expectations Is Not Mandatory. The example provided above is based on a trust fund reserve target equivalent to an AHCM of 1.0, DOL ’s minimum acceptable level of reserves.
https://lao.ca.gov/Publications/Report/3503/3

Revisiting the Unemployment Insurance Trust Fund Insolvency

Sep 30, 2016 - EDD projections based on an unemployment rate scenario provided by our office suggest that a recession beginning in 2018 with unemployment levels similar to what was observed in the early 2000s (following the “dot.com ” bust) could reduce trust fund reserves over a few years from the 2018 year-end level displayed in Figure  1 by about $1.4  billion —enough to significantly deplete, but not exhaust, the reserves projected to be accumulated by that point.
https://lao.ca.gov/Publications/Report/3503/2

CalSTRS Funding: An Update

May 5, 2017 - Figure  1 displays CalSTRS ’ historical “funded ratio ” —a ratio of assets to liabilities. CalSTRS has been inadequately funded for almost all of its 100 ‑plus year history. Recent Legislation Aims to Fully Fund CalSTRS by Mid ‑2040s.
https://lao.ca.gov/Publications/Report/3662

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

Jun 24, 2016 - The estimates displayed in the figure are slightly different than what was submitted by the administration to the Legislature on June 15, 2016. The administration provided our office updated estimates to address questions we raised about the initial estimates.
https://lao.ca.gov/Publications/Report/3486