Savings Plus Program: An Optional Retirement Benefit for State Employees

Mar 14, 2017 - For more than three years now, no vendor has submitted bids to SPP ’s Request For Pr oposal for an annuity product. As a result, SPP currently does not offer an annuity product as an investment option to participants.
https://lao.ca.gov/Publications/Report/3616

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