A Review of the CalSTRS Funding Plan: Background

Feb 2, 2016 - That is, the assets held by the fund at any one time have been insufficient to cover benefits earned to that date. As of the most recent estimates, CalSTRS would need an additional $72.7 billion in its investment fund to pay for teacher pension benefits earned as of the end of 2013-1 4.
https://lao.ca.gov/Publications/Report/3332

CalSTRS Funding Update

Jul 19, 2018 - A pension system has an unfunded liability when its assets (investments and other holdings) are insufficient to cover its liabilities (the future cost of pension benefits that employees have earned to date).
https://lao.ca.gov/Publications/Report/3873

A Review of the CalSTRS Funding Plan: CalSTRS Funding Plan Relies on Abstract Calculation

Feb 2, 2016 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/3333

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

Feb 2, 2016 - Specifically, the calculation estimates what CalSTRS’ unfunded liabilities would be now if (1) teachers earned less generous pension benefits and (2) the state and teachers had contributed more to CalSTRS’ main pension fund.
https://lao.ca.gov/Publications/Report/3334

A Review of the CalSTRS Funding Plan: Conclusion

Feb 2, 2016 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/3339

Update on School District Retiree Health Benefits

Sep 25, 2017 - More specifically, it is the amount of money that, if set aside and invested today, would be sufficient to cover the future cost of retiree health benefits already earned by current and former employees.
https://lao.ca.gov/Publications/Report/3704

The 2025-26 Budget: Department of Developmental Services

Mar 5, 2025 - For the period spanning from January  1,  2025 through June 30, 2026, providers can earn the quality incentive portion of rate models by enrolling in DDS ’s new Provider Directory. The Provider Directory is an online portal that will store and display information about service providers statewide.
https://lao.ca.gov/Publications/Report/5008

The 2024-25 Budget: The Governor’s Proposition 98 Funding Maneuver

Feb 15, 2024 - That is, on a daily basis, the state ’s tax agencies collect revenues, the State Controller pays the state ’s bills, and the State Treasurer invests any of the state ’s cash that is currently unused.
https://lao.ca.gov/Publications/Report/4840

The 2017-18 Budget: Proposition 98 Education Analysis

Feb 9, 2017 - At the end of 2013 ‑14, CalSTRS estimated that its main investment fund was more than $70  billion short of the amount needed to pay for benefits earned through that date. This shortfall is referred to as an unfunded liability.
https://lao.ca.gov/Publications/Report/3549

Review of the Funding Determination Process for Nonclassroom-Based Charter Schools

Feb 29, 2024 - Nonclassroom ‑based charter schools are ineligible to receive any funding for their nonclassroom ‑based ADA without receiving an approved funding determination from SBE. (Nonclassroom ‑based charter schools automatically generate full funding for any classroom ‑based ADA.)
https://lao.ca.gov/Publications/Report/4870