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Strengthening the CalSTRS Funding Plan

Mar 10, 2021 - Appendix Glossary of Key Terms Related to Pension Funds Throughout this report, we refer to terms commonly used when describing pension funds. We define those key terms here, in reference to the California State Teachers ’ Retirement System (CalSTRS).
https://lao.ca.gov/Publications/Report/4400

The 2025-26 Budget: Partial Income Tax Exclusion for Military Retirement Income [EconTax Blog]

Feb 13, 2025 - The PIT is an important revenue source for the state, generating over two-thirds of General Fund revenue. Military Retirement. The United States Armed Services offer retirement pension benefits to servicemembers who complete 20 years of service.
https://lao.ca.gov/LAOEconTax/article/Detail/820

The 2025-26 Budget: Partial Income Tax Exclusion for Military Retirement Income [EconTax Blog]

Feb 13, 2025 - The PIT is an important revenue source for the state, generating over two-thirds of General Fund revenue. Military Retirement. The United States Armed Services offer retirement pension benefits to servicemembers who complete 20 years of service.
https://lao.ca.gov/LAOEconTax/Article/Detail/820

MOU Fiscal Analysis: Bargaining Unit 9 (Professional Engineers)

Jun 27, 2025 - Typically, a furlough for state employees reduces state employee pay by 4.62  percent in exchange for one day (eight hours) off per month without affecting other elements of compensation (for example, pension and health benefits).
https://lao.ca.gov/Publications/Report/5061

Rethinking California's Reserve Policy

Apr 10, 2025 - We Use Simulation ‑Based Tools Similar to Those Used to Analyze Pensions and Insurance. The state ’s reserve policy should hold up not just for a few years or even a couple of decades, but over many economic cycles.
https://lao.ca.gov/Publications/Report/5028

The 2025-26 Budget: Initial Comments on the Governor's May Revision [Publication Details]

May 17, 2025 - On May 14, 2025, Governor Newsom presented a revised state budget proposal to the Legislature. This annual proposed revised budget is referred to as the May Revision. In this brief, we provide a summary of and comments on the Governor’s revised budget, focusing on Governor’s proposals for and the overall condition of the state General Fund—the budget’s main operating account.
https://lao.ca.gov/Publications/Detail/5044

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - Introduction On May 14, 2025, Governor Newsom presented a revised state budget proposal to the Legislature. This annual proposed revised budget is referred to as the May Revision. In this brief, we provide a summary of and comments on this revised budget, focusing on the Governor ’s proposals for and the overall condition of the state General Fund —the budget ’s main operating account.
https://lao.ca.gov/Publications/Report/5044

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - On May 14, 2025, Governor Newsom presented a revised state budget proposal to the Legislature. This annual proposed revised budget is referred to as the May Revision. In this brief, we provide a summary of and comments on the Governor’s revised budget, focusing on Governor’s proposals for and the overall condition of the state General Fund—the budget’s main operating account.
https://lao.ca.gov/Publications/Report/5044/1

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - On May 14, 2025, Governor Newsom presented a revised state budget proposal to the Legislature. This annual proposed revised budget is referred to as the May Revision. In this brief, we provide a summary of and comments on the Governor’s revised budget, focusing on Governor’s proposals for and the overall condition of the state General Fund—the budget’s main operating account.
https://lao.ca.gov/Publications/Report/5044/2

Contributions to CalSTRS [EdBudget]

Jul 29, 2024 - 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
https://lao.ca.gov/Education/EdBudget/Details/889