CalSTRS Funding: An Update

May 5, 2017 - These recent developments do not affect district contribution rates, which will continue to increase through 2020 ‑21 pursuant to a schedule in state law. State Contributions Key to Meeting Funding Goal.
https://lao.ca.gov/Publications/Report/3662

The 2017-18 Budget: Funding Public Works Labor Enforcement

Mar 3, 2017 - Actual annual revenues from the recently created contractor registration fee are less than estimated when the fee was established and do not cover current spending levels for public works enforcement.
https://lao.ca.gov/Publications/Report/3603

The 2022-23 Budget: Analysis of the Care Economy Workforce Development Package

Mar 10, 2022 - However, as discussed earlier, how several augmentations within the proposed package would fit within the structure of existing workforce de velopment programs is unclear. Accordingly, new workforce development programs may need to be created to administer some of the funding in this proposed package.
https://lao.ca.gov/Publications/Report/4572

Industry Wage Growth in California - Industry Wage Growth in California [Video]

Industry Wage Growth in California - Industry Wage Growth in California [Video] Search LAO Videos Industry Wage Growth in California November 8, 2017 In this video, Senior Fiscal and Policy Analyst Ann Hollingshead describes the trends in wages in California industries between 1990 and 2016.
https://lao.ca.gov/Videos/Player?playlistId=112

Strengthening the CalSTRS Funding Plan

Mar 10, 2021 - Funding plan provisions are set to expire in 2046, meaning accrued UAO and future losses become increasingly difficult to address as CalSTRS ’ time horizon to do so decreases. UAO = unfunded actuarial obligation.
https://lao.ca.gov/Publications/Report/4400

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Aug 19, 2025 - We do not know how Unit 8 compensation currently compares with federal firefighters because it was not included in the compensation survey. Bargaining With Unit 8 Current MOU Scheduled to Expire June 30, 2026.
https://lao.ca.gov/Publications/Report/5066

MOU Fiscal Analysis: Bargaining Unit 6

Jun 14, 2019 - The normal cost typically does not change from one year to another unless benefits change or the CalPERS board adopts new assumptions that materially affect the amount of money that must be set asi de to fund benefits earned today.
https://lao.ca.gov/Publications/Report/4078

The 2022-23 Budget: UC Climate-Related Proposals

Feb 16, 2022 - California began adopting GHG emission reduction goals in 2006, with the current statutory goal to reduce California GHG emissions to 40  percent below the 1990 level by 2030. (State law also established a goal to reduce to the 1990 level by 2020, which the state met a few years early.)
https://lao.ca.gov/Publications/Report/4538

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

Jul 14, 2025 - While we are not at the bargaining table and do not know what issues were discussed, we feel it was a missed opportunity for the parties to not find a solution that simplified the prefunding arrangement while also helping address the current budget problem.
https://lao.ca.gov/Publications/Report/5064

The 2025-26 Budget: Concession Bargaining

May 19, 2025 - Notably, peace officers and firefighters do not earn these benefits. Most state employees earn Medicare. The benefit levels and employer and employee contributions towards Social Security and Medicare are determined by the federal government.
https://lao.ca.gov/Publications/Report/5047