The 2021-22 Budget: Interest Payment on Federal Unemployment Insurance Loan

Feb 10, 2021 - Should the Legislature pursue this course, we estimate that the total interest due this year would be roughly $ 65  m illion. 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/Publications/Report/4360

MOU Fiscal Analysis: Bargaining Unit 10 (Professional Scientific)

Aug 14, 2024 - The administration indicates that around 65 employees represented by Unit 10 receive the bilingual pay differential. The provision related to b ilingual pay in the proposed agreement specifies that employees who do not receive a bilingual pay differential would not be required to use bilingual skills.
https://lao.ca.gov/Publications/Report/4918

The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - Of this total, about 20  percent have been devoted to prefunding retiree health benefits and 65  percent, nearly $7  billion, have been used for supplemental pension payments to reduce the state ’s unfunded liabilities associated with CalPERS.
https://lao.ca.gov/Publications/Report/4887

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

Mar 10, 2022 - Further, the $90  million proposal would be in addition to a one ‑time increase in ETP grants of $65  million that was included as part of the 2021 ‑22 budget. Such a large increase in funding could prove challenging to administer, especially given that ETP would need to target these grants specifically to health care industry employers and organizations.
https://lao.ca.gov/Publications/Report/4572

MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol)

Aug 23, 2024 - Only the State Industrial plan has a lower ratio of active employees to retirees at 65  percent. Volatility in Mature Pension Plans. As a pension plan matures and its cashflow becomes negative, its portfolio is less able to recover from investment losses.
https://lao.ca.gov/Publications/Report/4920

Climate Change Impacts Across California - Crosscutting Issues

Apr 5, 2022 - While overall health effects from wildfire smoke still are being studied, a rough estimate suggests wildfire smoke in 2020 caused about 20 deaths per 100,000 adults over the age of 65. Researchers suggest that particulate matter in fire‑prone areas could roughly double by the end of the century, and that a 50 percent increase in wildfire smoke could increase deaths of older adults by an additional 9 to 20 per 100,000 people annually.
https://lao.ca.gov/Publications/Report/4575

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Sep 7, 2023 - Under federal l aw, state and local government employers may continue to exclude some employees from Social Security coverage, but only if those employees are enrolled in a retirement plan that meets federal regulations requiring at least a specified level of benefits.
https://lao.ca.gov/Publications/Report/4800