Proposed Los Angeles Welfare Automation Suspension

May 23, 2011 - Evaluating LRS in Light of Long-Term Plan.   A lot of effort has gone into defining the requirements for the LRS.   It will save time and money if some or all of the work on this project can be retained going forward.  
https://lao.ca.gov/Recommendations/Details/436

^[PDF] 1983-84 Budget Analysis: Legislative

Membership in the Legislators' Retirement System (LRS) is optional. The LRS is administered by the Public Employees' Retirement System (PERS) . Funding History In 1977, the Legislature acted to convert the LRS from a "pay-as-you-go" to a "funded" system.
https://lao.ca.gov/analysis/1983/02_leg_1983.pdf

^[PDF] 1984-85 Budget Analysis: Legislative

Membership in the LRS is optional. Funding History In 1977, the Legislature acted to convert the LRS from a "pay-as-you-go" to a "funded" system. It provided (1) a lump-sum appropriation of $27.4 million to eliminate the accrued unfunded liability and (2) a continuous appropriation equal to 18.8 percent of members' salaries, to maintain the funded condition of the system.
https://lao.ca.gov/analysis/1984/02_leg_1984.pdf

^[PDF] 1985-86 Budget Analysis: Legislative

We also indicated that the shortfall in normal costs for the LRS was minor (estimated in 1984-85 at 2.5 percent of members' salaries, or about $100,(00), and suggested that the Legislature might want to wait until the release in early 1985 of the latest LRS actuarial valuation before taking any remedial action. .
https://lao.ca.gov/analysis/1985/02_leg_1985.pdf

^[PDF] Examining Statewide Pension Benefit Policy for Elected Officials

The Legislators’ Retirement System (LRS)—managed by CalPERS—remains to administer benefi ts for (1) Members of the Legislature fi rst elected prior to this date, (2) state elected offi cials (except judges) who elect to join LRS, and (3) four legislative statutory offi cer positions listed in Section 9350.55 of the Government Code.
https://lao.ca.gov/handouts/state_admin/2012/Pension_Benefit_Policy_4_13_12.pdf

^[PDF] Why Aren't Revenue Estimates More Accurate?

.:.) 5.1% 5.4% 5.2% 5.0'h 4.8% 4,9% Private housinq starts (rni11 ions of-units) 1.78 ( -8.0%) 2.10 (-12.5%) 2.10 ( -11.0%) 2.20 (-6.71~) 2.08 (-11.6%) 2.04 (-13.2%) Autmvbile sa lrs (mill ions NA NA NA NA 11.8 (7.8%) 11.4 (4.4%) of units) Before-tax corporate profits $106.2 {9.8%) $100.5 (11.3%) $107.5 (13.9%) $114.5 (21.4%) $125.9 (28.5%) $125.6 (24.9%) (billions$) B.
https://lao.ca.gov/reports/1984/why_arent_%20revenue_estimates_more_accurate.pdf

^[PDF] 1970 Budget Analysis: Controller

. _ - Although audits of firms with headquartE;lrs in the western states are directed from Sacramento, the board maintains an office in Chicago and another in New York City to audit the major firms which keep Table 4 Net Revenue per Dollar of Cost From the Sales Tax Field Audit Program District 1966-67 1967-68 1968-69 Los Angeles ______________________ ---- - $1.71 $1.75 $2.45
https://lao.ca.gov/analysis/1970/10_fiscal_1970.pdf

^[PDF] Integrating Health and Human Services Eligibility and Enrollment Processes

The LEADER System will be updated in a project known as the LEADER Replacement System (LRS) project. When complete, C-IV counties will be transferred, or migrated, into LRS. At that point, LRS and CalWIN will be the remaining two consortia systems.
https://lao.ca.gov/reports/2014/hhs/integrating-hhs-eligibility/integrating-hhs-eligibility-103014.pdf

^[PDF] Consolidating California's Statewide Automated Welfare Systems

The Legislature approved this change of approach, thus allowing LA County to go forward with a LEADER replacement system (LRS). Delays in LRS Development. Since the Legislature’s approval of LRS development, the state and LA County have proceeded with project activities.
https://lao.ca.gov/reports/2012/ssrv/saws/saws-021312.pdf

^[PDF] Interest earned by the LRS in excess of the

Interest earned by the LRS in excess of the interest credited to mem- . bers' contributions is deposited in the Reserve for Interest Guarantee . . PERShas approved the transfer of $7,474,000 from the reserve to the fund, Item 0160 LEGISLATIVE / 3 in order to reduce the unfunded liability.
https://lao.ca.gov/analysis/1982/02_legislative_1982.pdf