A Review of the CalSTRS Funding Plan: Funding Plan May Not Meet Principle of “Shared Responsibility”

Feb 2, 2016 - This scenario, however, would be inconsistent with the administration ’s economic and revenue forecasts, which generally have assumed continuing stock price growth. Changes Might Be Necessary to Reflect Legislative Intent.
https://lao.ca.gov/Publications/Report/3337

The 2017-18 Budget: Funding Public Works Labor Enforcement

Mar 3, 2017 - This means that it will eventually be necessary to take stock of the number of contractors expected to register each year after any steps taken to increase compliance with the registration requirem ent, and evaluate what adjustments, if any, need to be made to the level of the registration fee to support public works enforcement on an ongoing basis.
https://lao.ca.gov/Publications/Report/3603

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

May 16, 2017 - However, this return depends largely on the U.S. stock market, which fluctuates significantly. To illustrate fluctuations in the market, Figure  7 shows the annual returns of the S &P 500 over the past 30 years.
https://lao.ca.gov/Publications/Report/3673

Savings Plus Program: An Optional Retirement Benefit for State Employees

Mar 14, 2017 - Participants who want a more direct role in selecting specific stocks or mutual funds included in their investment portfolio may choose to manage their savings in SPP through a self ‑directed brokerage account —currently provided by Charles Schwab.
https://lao.ca.gov/Publications/Report/3616

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Jan 23, 2017 - The state has a revenue structure that depends on many volatile and unpredictable economic conditions, including fluctuations in the stock market. The U.S. economy currently is in one of the longest periods of economic expansion in the country ’s history.
https://lao.ca.gov/Publications/Report/3534

The 2021-22 Budget: Labor Agreements Ending Personal Leave Program 2020

Jun 25, 2021 - This analysis reviews 20 labor agreements received by the Legislature between June 9 and June 15, 2021. The analysis summarizes and provides comments on the agreements. In addition, the analysis provides overarching comments across the 20 agreements and offers recommendations to the Legislature.
https://lao.ca.gov/Publications/Report/4446

MOU Fiscal Analysis: Bargaining Units 1, 3, 4, 11, 12, 13, 14, 15, 17, 18, 19, 20, and 21

Jan 10, 2017 - The state has a revenue structure that depends on many volatile and unpredictable economic conditions, including fluctuations in the stock market. The U.S. economy currently is in one of the longest periods of economic expansion in the country ’s history.
https://lao.ca.gov/Publications/Report/3520