The 2018-19 Budget: Meeting Workforce Demand for Certified Nursing Assistants in Skilled Nursing Facilities

Apr 27, 2018 - Assuming that the state streamlines minimum faculty qualifications, we estimate that our recommended approach would fund about 3,000 new enrollment slots (about 1,700 enrollment slots funded by ETP and about 1,300 enrollment slots funded by Proposition  98).
https://lao.ca.gov/Publications/Report/3815

A Review of the CalSTRS Funding Plan: Conclusion

Feb 2, 2016 - Requiring estimates of multiple theoretical investment portfolios, CalSTRS ’ consulting actuary has described the policy as probably the most difficult thing he has ever had to explain to a pension board.
https://lao.ca.gov/Publications/Report/3339

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

Mar 10, 2022 - In addition, the 2021 ‑22 budget provided HCAI  with $60  million General Fund to support the Song ‑Brown Program, intended to increase the number of primary care providers statewide by funding primary care residency training slots.
https://lao.ca.gov/Publications/Report/4572

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

Feb 2, 2016 - As we describe below, about $4 billion of the increase in the district share is mostly explained by the state benefitting from theoretical investment gains that do not exist in the real world. As we describe in our fourth post , the remaining roughly $8 billion increase in the district share is explained by CalSTRS’ treatment of the higher teacher contributions that were required by the funding plan.
https://lao.ca.gov/Publications/Report/3334

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

Jan 14, 2019 - These slots would be on top of the almost 9,000 full ‑day slots the state added over the past three years. Extending preschool to all children from low ‑income families is consistent with considerable research that has concluded the benefits of preschool are greatest for these children.
https://lao.ca.gov/Publications/Report/3916

A Review of the CalSTRS Funding Plan: Treatment of Teacher Contributions Also Increase District Unfunded Liabilities

Feb 2, 2016 - The remaining roughly $8 billion increase is explained by CalSTRS’ treatment of the higher teacher contributions that were required by the funding plan. Part of Higher Teacher Contributions Will Not Be Applied to District Share.
https://lao.ca.gov/Publications/Report/3335

Recent Changes to State and County IHSS Wage and Benefit Costs

Dec 14, 2018 - In this post, we (1)  explain how the scheduled state minimum wage increases impact IHSS wages and state and county costs, (2)  describe the recent temporary and permanent changes to the state and county cost-sharing structure for IHSS wage and benefit increases, and (3)  explain how these changes could impact county wage decisions and costs for the state.
https://lao.ca.gov/Publications/Report/3913

The 2015-16 Budget: Health Benefits for Retired State Employees - Health Benefits for Retired State Employees: Background [Video]

In these short videos, Senior Fiscal and Policy Analyst Nick Schroeder  explains how  the state  funds retiree health benefits and then discusses recommendations for legislative  consideration going forward.
https://lao.ca.gov/Videos/Player?playlistId=21

The 2015-16 Budget: Health Benefits for Retired State Employees - Health Benefits for Retired State Employees: Recommendations [Video]

In these short videos, Senior Fiscal and Policy Analyst Nick Schroeder  explains how  the state  funds retiree health benefits and then discusses recommendations for legislative  consideration going forward.
https://lao.ca.gov/Videos/Player?playlistId=21&videoId=141

A Review of the CalSTRS Funding Plan: Funding Plan May Not Meet Principle of “Shared Responsibility”

Feb 2, 2016 - We caution against placing too much emphasis on near-term investment returns because a feature referred to as the “express elevator ” can eliminate the state ’s supplemental funding plan contribution after a large investment gain.
https://lao.ca.gov/Publications/Report/3337