MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol)

Aug 26, 2019 - Chapter  33 of 2019 (SB  90, Committee on Budget and Fiscal Review) appropriated $265  million from the General Fund in 2020 ‑21 as a supplemental pension payment to state pension plans. The law specified that the money would be apportioned among the state employee pension plans in proportion to each plan ’s
https://lao.ca.gov/Publications/Report/4089

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

Aug 8, 2019 - Fully offsetting the increased employee contributions —as this agreement provides —means that for every $1 the state ’s pension contributions are reduced, the state ’s payroll costs increase about $1.50.
https://lao.ca.gov/Publications/Report/4085

MOU Fiscal Analysis: Bargaining Unit 7 (Protective Services and Public Safety) [Publication Details]

Aug 8, 2019 - We reviewed the proposed memorandum of understanding (MOU) for Bargaining Unit 7 (Protective Services and Public Safety). Bargaining Unit 7 is represented by the California Statewide Law Enforcement Association (CSLEA). This review is pursuant to Section 19829.5 of the Government Code.
https://lao.ca.gov/Publications/Detail/4085

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

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - In addition to required annual contributions, the Governor proposes that the state make supplemental contributions from the General Fund to the pension systems to reduce the unfunded liabilities and reduce state costs over the next few decades.
https://lao.ca.gov/Publications/Report/3916

The 2019-20 Budget: Overview of the Governor's Budget [Publication Details]

Jan 14, 2019 - Although the Governor’s allocation to discretionary reserves represents a smaller share of resources than recent budgets, the Governor’s decision to use a significant share of resources to pay down state debts is prudent.
https://lao.ca.gov/Publications/Detail/3916