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

Jun 27, 2025 - Under the current MOU, the state and Unit 12 members each are scheduled to contribute one-half of the normal cost —calculated to be 4.1  percent of pay —to prefund retiree health benefits in 2025-26.
https://lao.ca.gov/Publications/Report/5060

Revisiting the Unemployment Insurance Trust Fund Insolvency

Sep 30, 2016 - Figure 1 Potential Year-End UI Trust Fund Reserve Balances Under Declining or Flat Unemployment a (In Billions) 4.1 a The Employment Development Department projections based on LAO unemployment rate assumptions. b Employers are projected to be paying increased federal unemployment insurance (UI) taxes through 2018, resulting in rapid improvement in the trust fund condition in these years.
https://lao.ca.gov/Publications/Report/3503/2

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

The 2016-17 Budget: Labor Code Private Attorneys General Act Resources

Mar 25, 2016 - Figure  1 displays the amount of PAGA penalties received by the LWDF in recent years. Figure 1 PAGA Penalties Deposited in the Labor and Workforce Development Fund (In Millions) 8.4 PAGA = Private Attorneys General Act.
https://lao.ca.gov/Publications/Report/3403

Revisiting the Unemployment Insurance Trust Fund Insolvency

Sep 30, 2016 - Should a recession occur, trust fund reserves would be lower than displayed here. Meeting DOL Reserve Expectations Is Not Mandatory. The example provided above is based on a trust fund reserve target equivalent to an AHCM of 1.0, DOL ’s minimum acceptable level of reserves.
https://lao.ca.gov/Publications/Report/3503/3

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - Figure  1 displays revised 2018 ‑19 and 2019 ‑ 20 b udget estimates as well as proposed estimates for 2020 ‑21. At the bottom of the figure, we display the total reserves planned for the end of 2020 ‑21 under the administration ’s estimates and assumptions.
https://lao.ca.gov/Publications/Report/4135

CalSTRS Funding: An Update

May 5, 2017 - Figure  1 displays CalSTRS ’ historical “funded ratio ” —a ratio of assets to liabilities. CalSTRS has been inadequately funded for almost all of its 100 ‑plus year history. Recent Legislation Aims to Fully Fund CalSTRS by Mid ‑2040s.
https://lao.ca.gov/Publications/Report/3662

MOU Fiscal Analysis: Bargaining Unit 7 (Protective Services and Public Safety)

Jun 24, 2016 - The estimates displayed in the figure are slightly different than what was submitted by the administration to the Legislature on June 15, 2016. The administration provided our office updated estimates to address questions we raised about the initial estimates.
https://lao.ca.gov/Publications/Report/3486

The 2018-19 Budget: Statewide Prison to Employment Initiative

Mar 12, 2018 - Figure  2 displays the different types of priority jobseekers, including ex-offenders, who received job services in 2016 ‑17. Stable Employment Key to Success for Ex-Offenders . . . Research indicates that stable employment is a key to successful reentry back into the community for offenders that have been released recently from state prison or county jail.
https://lao.ca.gov/Publications/Report/3781

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Jan 23, 2017 - The costs resulting from the proposed pay increases that are displayed in Figure  3 reflect the costs of the salary and any increased pension or Medicare costs associated with the salary increases. The estimated pension costs are based on current assumptions.
https://lao.ca.gov/Publications/Report/3534