MOU Fiscal Analysis: Bargaining Unit 18 (Psychiatric Technicians)

Jan 9, 2020 - A position paper issued by the American Nurses Association indicates that, although the Institute of Medicine recommends that nurses not exceed 12 hours of work in a 24-hour period and 60 total hours of work within seven days, research suggests that working more than 40 h ours a week can adversely affect patient safety and the health of nurses.
https://lao.ca.gov/Publications/Report/4134

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

Savings Plus Program: An Optional Retirement Benefit for State Employees

Mar 14, 2017 - Census Bureau paper found that the replacement ratio for the median individual —as of 2004 —was between 66  percent and 75  percent of preretirement income. In general, lower ‑income workers may need a higher replacement ratio because they are expected to spend a higher proportion of their income on housing, transportation, food, healthcare, clothing, and other essentials.
https://lao.ca.gov/Publications/Report/3616