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: CalSTRS Funding Plan Relies on Abstract Calculation

Feb 2, 2016 - In general, the state will pay for these smaller theoretical unfunded liabilities —as determined by the calculation —while districts will pay the difference between total real world unfunded liabilities and the state ’s share.
https://lao.ca.gov/Publications/Report/3333

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - Three ‑ and four ‑year old children are generally eligible for State Preschool if their family earns at or below the state median income ($109,904 annual income for a family of three and $127,338 annual income for a family of four).
https://lao.ca.gov/Publications/Report/5168

CalSTRS Funding Update

Jul 19, 2018 - By the latter years of the Great Recessi on, this unfunded liability had grown significantly and CalSTRS was estimating that it would run out of money by the mid-2040s —a short time horizon for a pension system.
https://lao.ca.gov/Publications/Report/3873

CalSTRS Funding: An Update

May 5, 2017 - An unfunded liability exists when the amount of assets a pension program has is insufficient to cover projected liabilities for pension benefits earned to date. Figure  1 displays CalSTRS ’ historical “funded ratio ” —a ratio of assets to liabilities.
https://lao.ca.gov/Publications/Report/3662

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

Feb 2, 2016 - In our third post , we showed how the funding plan’s key calculation gives the state the benefit of theoretical investment gains that do not exist in the real world. For example, if CalSTRS’ real world portfolio grows by $10 billion, the calculation gives the state the benefit of a roughly $12 billion gain.
https://lao.ca.gov/Publications/Report/3336

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 2022-23 Budget: Educator Workforce Proposals

Feb 23, 2022 - Furthermore, given the significant time and/or money prospective teachers would spend to pursue a teaching credential, waiving these fees are unlikely to make a difference in whether individuals decide to become teachers.
https://lao.ca.gov/Publications/Report/4556

The 2025-26 Budget: Department of Developmental Services

Mar 5, 2025 - Providers can earn the 10   percent portion of the rate model from January 1, 2025 through June 30, 2026 by enrolling in DDS ’s new Provider Directory. DDS is in the process of establishing the performance metric(s) that providers will have to satisfy after June  30,  2026 to earn the 10   percent portion of  the  rate.
https://lao.ca.gov/Publications/Report/5008

The 2022-23 Budget: College and Career Proposals

Feb 23, 2022 - By graduating high school having already earned college credits, students can save money and accelerate progress toward a postsecondary degree or certificate. Dual enrollment has various models. California ’s two most widely used models are traditional dual enrollment and College and Career Access Pathways (CCAP).
https://lao.ca.gov/Publications/Report/4562