The 2025-26 Budget: Higher Education Overview

Feb 6, 2025 - All three segments also are projecting higher pension and health care costs in 2025 ‑26. (The state, however, directly pays a small share of community college pension costs, a large share of CSU pension costs, and all of CSU retiree health care costs.)
https://lao.ca.gov/Publications/Report/4957

The 2024-25 Budget: California State University

Feb 15, 2024 - CSU Is Directly Responsible for Certain Pension Costs. The California Public Employees’ Retirement System (CalPERS) administers pension benefits for CSU and most other state employees. The CalPERS Board sets employer contribution rates for pensions as a percentage of payroll.
https://lao.ca.gov/Publications/Report/4842

An Analysis of University Cash Management Issues

Nov 10, 2020 - UC Has Been Borrowing to Make Pension Contributions. In addition to shifting funds into its long-term investment account, UC has borrowed funds internally from its short-term investment account and externally using bonds to help make its annual pension contributions.
https://lao.ca.gov/Publications/Report/4293

The 2022-23 Budget: Overview of the Governor's Higher Education Budget Proposals

Jan 26, 2022 - Community colleges’ pension rates, however, also are increasing in 2022‑23 at an unusual pace (approximately 2 or 3 percentage points, depending upon the pension system). The relatively high rate increases are due to previously provided state pension relief ending, combined with long‑term plans by the pension systems to continue paying down large unfunded liabilities.
https://lao.ca.gov/Publications/Report/4499

The 2025-26 Budget: University of California

Feb 27, 2025 - Each year, the Board of Regents determines how much UC contributes to the pension program. For the last ten years, the UC employer contribution rate has increased gradually, from 14.6 percent of payroll in 2015‑16 to 17.72 percent in 2024‑25.
https://lao.ca.gov/Publications/Report/4998

The 2022-23 Budget: California State University

Feb 15, 2022 - In addition to these base increases, the state has provided General Fund each year to cover changes in certain CSU pension and retiree health costs. Over the same time period, CSU has increased tuition only once, raising systemwide charges by 4.9  percent for undergraduate and teacher credential students and 6.5  percent for graduate students in  2017 ‑18.
https://lao.ca.gov/Publications/Report/4537

The 2025-26 Budget: California State Library [Publication Details]

Mar 7, 2025 - The 2025-26 Budget: California State Library [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5013

The 2025-26 Budget: California State Library

Mar 7, 2025 - The 2025-26 Budget: California State Library California State Library Introduction Post Focuses on the California State Library (State Library). This post first provides background on the State Library.
https://lao.ca.gov/Publications/Report/5013

The 2020-21 Spending Plan: Higher Education

Oct 16, 2020 - Repurposes Prior Pension Payment to Reduce District Costs Over the Next Two Years. The 2019 ‑20 budget plan included $3.2 billion non-Proposition 98 General Fund for certain pension payments the state was scheduled to make on behalf of schools and colleges.
https://lao.ca.gov/Publications/Report/4284

The 2024-25 Budget: California Community Colleges

Feb 21, 2024 - Districts ’ Pension Costs Also Are Rising.   About half of CCC employees (namely faculty) participate in the California State Teachers ’ Retirement System (CalSTRS), with the other half (namely staff and administrators) participating in the California Public Employees ’ Retirement System (CalPERS).
https://lao.ca.gov/Publications/Report/4853