A Review of the CalSTRS Funding Plan: Background

Feb 2, 2016 - As shown in Figure 1, CalSTRS has been less than fully funded for most of its 103-year history. That is, the assets held by the fund at any one time have been insufficient to cover benefits earned to that date.
https://lao.ca.gov/Publications/Report/3332

The 2015-16 Budget: Major Features of the Adopted Plan (Other Issues)

Jun 19, 2015 - Most of this funding —$178  million —is for watershed protection and restoration projects administered by state conservancies ($103  million), the Wildlife Conservation Board ($39  million), and the Department of Fish and Wildlife ($37  million).
https://lao.ca.gov/Publications/Report/3278

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

MOU Fiscal Analysis: Bargaining Unit 6

Jun 14, 2019 - The proposed trailer bill that would ratify the Unit  6 agreement ( SB 103 , Committee on Budget and Fiscal Review) would appropriate $131.2 million ($128.3 million from the General Fund) to Item 9800 to pay for the provisions of the agreement to both rank-and-file and excluded employees associated with Unit 6.
https://lao.ca.gov/Publications/Report/4078