A Review of the CalSTRS Funding Plan: State’s Future Responsibility for CalSTRS Uncertain

Feb 2, 2016 - Figure 1 displays CalSTRS ’ projections of the state and district shares of unfunded liabilities under a sample of simulations reflecting average investment returns of between 5.6 percent and 10.9 percent.
https://lao.ca.gov/Publications/Report/3336

MOU Fiscal Analysis: Bargaining Unit 12 (Craft and Maintenance)

Sep 1, 2023 - As Figure  1 shows, most Unit 12 members would receive either a 3  percent or 4  percent SSA. As we describe below, a small portion of the bargaining unit would receive an SSA greater than 4  percent.
https://lao.ca.gov/Publications/Report/4798

The 2017-18 Budget: Governor’s CalPERS Borrowing Proposal

May 16, 2017 - They are: (1) certain budgetary liabilities (including the amounts the state ’s General Fund owes special funds, as described above), (2) certain payments of statewide pension system liabilities, and (3) prefunding for state retiree health benefits.
https://lao.ca.gov/Publications/Report/3673

A Review of the CalSTRS Funding Plan: Conclusion

Feb 2, 2016 - Meanwhile, that calculation, coupled with CalSTRS ’ treatment of the higher teacher contributions required by the funding law, have increased the school and community college district share from $47 billion to $58 billion.
https://lao.ca.gov/Publications/Report/3339

MOU Fiscal Analysis: Bargaining Units 10 (Professional Scientists) and 18 (Psychiatric Technician)

Sep 9, 2025 - The agreement would provide all Unit 18 members a 3  percent General Salary Increase (GSI) effective the first day of the pay period following ratification and an additional 3  percent GSI effective July 1, 2027.
https://lao.ca.gov/Publications/Report/5073

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Jan 23, 2017 - The agreement establishes a “goal ” that employees and the state each regularly contribute one-half of the normal costs by July 1, 2019. Under the agreement, the state and Unit 8 members —including those hired after 2017 who are subject to lower benefit levels —each would contribute (1) 1.5  percent of pay beginning July 1, 2017, (2)
https://lao.ca.gov/Publications/Report/3534

MOU Fiscal Analysis: Bargaining Unit 16 (Physicians, Dentists, and Podiatrists)

Jul 14, 2025 - OPEB = Other Post ‑Employment Benefits and Local 1000 = Nine bargaining units represented by Service Employee International Union, Local 1000: Units 1, 3, 4, 11, 14, 15, 17, 20, and 21. Telework Stipend.
https://lao.ca.gov/Publications/Report/5064

MOU Fiscal Analysis: Bargaining Unit 9 (Professional Engineers)

Jun 27, 2025 - The agreement would be in effect from July 1, 2025 through June 30, 2028. This means that the agreement would be in effect for three fiscal years: 2025-26, 2026-27, and 2027-28. Pay Increases. As specified below, the agreement would provide all Unit 9 members pay increases on July 1, 2025 and on July 1, 2027. 2025-26: 3  Percent General Salary Increase (GSI).
https://lao.ca.gov/Publications/Report/5061

MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol)

Aug 23, 2024 - The administration ’s fiscal estimates indicate that about 235 rank-and-file employees and about 58 excluded employees receive this payment and that the provision would increase annual state costs by $699,000.
https://lao.ca.gov/Publications/Report/4920

MOU Fiscal Analysis: Bargaining Unit 12 (Craft and Maintenance)

Jun 27, 2025 - Under the current MOU, Unit 12 members at the top step of their salary range are scheduled to receive a 4  percent pay increase on July 1, 2025. The proposed agreement would replace the scheduled top step increase with a 3  percent GSI.
https://lao.ca.gov/Publications/Report/5060