State Correctional Spending Increased Despite Significant Population Reductions

Feb 4, 2020 - Increased Pension Benefit Costs. One of the primary elements of employee compensation that has increased CDCR costs over the past decade is rising pension contribution rates. For example, the state ’s contributions to pensions for CDCR ’s correctional staff have grown from 29  p ercent of pay in 2010 ‑ 11 t o 49  p ercent of pay in 2019 ‑20.
https://lao.ca.gov/Publications/Report/4145

The 2020-21 Budget: Overview of the California Spending Plan (Final Version)

Oct 5, 2020 - Shift Pension Costs. The budget takes actions in a few pension ‑related areas that result in cost shifts from the present to the future. First, the 2019 ‑ 20 b udget made a supplemental pension payment of $2. 5  b illion to CalPERS.
https://lao.ca.gov/Publications/Report/4263

MOU Fiscal Analysis: Bargaining Unit 13 (Stationary Engineers)

Aug 26, 2019 - Pension Increases Employee Contributions to Pension Benefits. The agreement would require employees to contribute an additional 0.5  percent of pay towards their pension benefits beginning in 2022 ‑23.
https://lao.ca.gov/Publications/Report/4090

The 2024-25 Budget: State Employee Compensation

Mar 21, 2024 - Introduction In this analysis, we provide the Legislature our key questions and recommendations related to the administration ’s proposed budgetary changes for state employee compensation. (For our analysis of issues related to pension payments under Proposition  2 [2014], see our report The 2024‑25 Budget: Proposition 2 Debt Payment Proposals .)
https://lao.ca.gov/Publications/Report/4888

1st Quarter 2021 Personal Income Report [EconTax Blog]

Jun 28, 2021 - Benefits include employer-paid contributions for health insurance and pensions. Transfer payments are defined as government payments that don ’t represent compensation for services performed by the recipient.
https://lao.ca.gov/LAOEconTax/Article/Detail/671

Contributions to CalSTRS [EdBudget]

Sep 1, 2021 - CalSTRS = California State Teachers' Retirement System. PEPRA = Public Employees' Pension Reform Act. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656 | information [at] lao.ca.gov
https://lao.ca.gov/Education/EdBudget/Details/543

MOU Fiscal Analysis: Bargaining Unit 6

Jun 14, 2019 - CalPERS projects that the state ’s contribution rates to fund correctional officers ’ pensions will increase each year until 2023 ‑24, when it is expected that the state ’s contribution rate will exceed 52  percent of pay.
https://lao.ca.gov/Publications/Report/4078

California State University Funding by Source [EdBudget]

Jan 15, 2021 - California State University Funding by Source [EdBudget] 2.7% a Includes funding for pensions and retiree health benefits. b The 2019-20 Budget Act also included $7 million ongoing General Fund to the Department of Social Services for provision of legal services to undocumented students and immigrants at CSU campuses. c Includes funds used for financial aid. d
https://lao.ca.gov/Education/EdBudget/Details/465

Districts' Pension Contribution Rates and Amounts [EdBudget]

Aug 16, 2019 - Districts' Pension Contribution Rates and Amounts [EdBudget] a Share of CalSTRS contributions from community colleges based on CalSTRS creditable 2017-18 compensation report. CalSTRS = California State Teachers' Retirement System.
https://lao.ca.gov/Education/EdBudget/Details/280

Changes to Districts' Contribution Rates [EdBudget]

Aug 24, 2020 - For 2019-20, 2020-21, and 2021-22, employers' rates are offset by contributions from the state on their behalf, resulting in lower effective contribution rates compared to actual rates received by the pension systems.
https://lao.ca.gov/Education/EdBudget/Details/437