The 2025-26 Budget: Concession Bargaining

May 19, 2025 - The California Public Employees ’ Retirement System (CalPERS) determines how much money must be contributed each year to fund the pension benefit. There are two components of the total contribution to CalPERS.
https://lao.ca.gov/Publications/Report/5047

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Sep 7, 2023 - The normal cost is the amount of money that actuaries determine must be set aside for the benefit employees earn today so that the contribution and any future investment returns on that contribution are sufficient to pay for the benefit after the employee retires.
https://lao.ca.gov/Publications/Report/4800

The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - Supplemental Pensions Payments Employers May Contribute Any Amount of Money Above What Is Required. Pension boards determine —either according to actuarial standards or statutory requirements —how much money employers must contribute to the pension system each year to address any existing unfunded liabilities.
https://lao.ca.gov/Publications/Report/4887

MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol)

Aug 23, 2024 - As a pension system matures, its cash flow changes from a positive cash flow (more money coming into the system than is being paid out to beneficiaries) to a negative cash flow (more money is being paid out to beneficiaries than is coming into the system).
https://lao.ca.gov/Publications/Report/4920

The 2023-24 Budget: Total Compensation Studies

May 24, 2023 - The wages and value of the benefits provided by an employer can vary significantly across employers and even across employee groups for the same employer. For example, the retirement benefits earned by state employees varies significantly depending on an employee ’s date of hire.
https://lao.ca.gov/Publications/Report/4773

MOU Fiscal Analysis: Bargaining Unit 12 (Craft and Maintenance)

Jun 27, 2025 - 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/5060

MOU Fiscal Analysis: Bargaining Unit 16 (Physicians, Dentists, and Podiatrists)

Jul 14, 2025 - The agreement also specifies how much of the time may be worked remotely at a location other than the employee ’s worksite. In the case of DSH, the full two hours may be taken remotely if approved by the supervisor.
https://lao.ca.gov/Publications/Report/5064

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

Feb 10, 2021 - Both state and federal UI payroll taxes are applied to each employee ’s first $7, 000 i n annual wages. States May Borrow From Federal Government During Economic Downturns. During recessions, the state ’s UI trust fund can become insolvent as the cost of benefits exceed employer tax contributions and trust fund reserves are exhausted.
https://lao.ca.gov/Publications/Report/4360

The 2024-25 Budget: State Employee Compensation

Mar 21, 2024 - 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/4888

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Jun 23, 2025 - However, the process can be improved further. In our experience, compensation studies that are developed using methodologies agreed to at the bargaining table have proven to be unhelpful in understanding how competitive the state is as an employer across the state or where state employees actually work.
https://lao.ca.gov/Publications/Report/5058