Update on the Progress of the CalSTRS Funding Plan

Nov 18, 2021 - State ’s Required Contribution Rate Also Projected to Decrease Significantly. Once the state ’s share of UAO is eliminated, the funding plan dictates that the state ’s supplemental contribution rate would be repealed, at which point the state would contribute only the base rate of 2.017 percent for its share of DB program normal costs.
https://lao.ca.gov/Publications/Report/4475

California State University Funding by Source [EdBudget]

Jan 29, 2026 - California State University Funding by Source [EdBudget] a Includes funding for pensions and retiree health benefits. b Includes funds used for student financial aid. c Includes housing fees, parking fees, extended education charges, and fees for other noncore programs. d Consists of State Transportation Fund monies designated for transportation research and workforce development. e Reflects total combined resident and nonresident enrollment.
https://lao.ca.gov/Education/EdBudget/Details/1048

The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - Accordingly, the state annually makes supplemental pension payments from the General Fund towards the state ’s pension unfunded liabilities. Proposition 2 Proposition   2 Contains Annual Debt Payment Requirement.
https://lao.ca.gov/Publications/Report/4887

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Sep 7, 2023 - Under the Public Employees ’ Pension Reform Act of 2013 (PEPRA), the state has a standard that state employees pay one-half of the normal cost of their pension benefit and the state pays one-half of the normal cost.
https://lao.ca.gov/Publications/Report/4800

California State University Core Funding by Source [EdBudget]

Dec 1, 2025 - California State University Core Funding by Source [EdBudget] a Includes funding for pensions and retiree health benefits. b Includes funds used for student financial aid. c Reflects budgeted enrollment on a full-time equivalent (FTE) basis.
https://lao.ca.gov/Education/EdBudget/Details/1022

MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol)

Aug 23, 2024 - By both of these measures, the Highway Patrol pension plan is the most volatile of the state ’s pension plans. State Makes Regular SPPs to All State Employee Pension Plans Except Highway Patrol. As mentioned earlier, an SPP is when an employer contributes more than is actuarially required towards a pension plan.
https://lao.ca.gov/Publications/Report/4920

MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol) [Publication Details]

Aug 23, 2024 - We reviewed the proposed memorandum of understanding (MOU) for Bargaining Unit 5 (Highway Patrol). This review is pursuant to Section 19829.5 of the Government Code.
https://lao.ca.gov/Publications/Detail/4920

The 2025-26 Budget: Concession Bargaining

May 19, 2025 - In 2013, under the Public Employees’ Pension Reform Act (PEPRA), the state established a standard that state employees would contribute one-half of the normal cost of pension benefits and adopted a new (lower) pension benefit for new state employees.
https://lao.ca.gov/Publications/Report/5047

K-12 Funding by Source [EdBudget]

Oct 13, 2025 - K-12 Funding by Source [EdBudget]     a Includes $7.6 billion in 2023-24 and $405 million in 2025-26 from the Proposition 98 Reserve. b Consists primarily of state pension payments on behalf of districts, state debt service on school facility bonds, and non-Proposition 98 funding for the California State Preschool Program.
https://lao.ca.gov/Education/EdBudget/Details/1012

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