The 2022-23 Budget: UC Climate-Related Proposals

Feb 16, 2022 - California ’s Public Universities Operate Innovation Centers. All of UC ’s 10 campuses and 16 California State University (CSU) campuses operate incubators (some campuses operate more than one incubator).
https://lao.ca.gov/Publications/Report/4538

Public Pension and Retiree Health Benefits: An Initial Response to the Governor's Proposal [Publication Details]

Nov 8, 2011 - Despite the proposal’s strengths, it leaves many questions unanswered, such as how his hybrid plan and retirement age proposals would work and how the state should cope with large unfunded liabilities already affecting the California State Teachers’ Retirement System, the University of California Retirement Plan, and the health benefit program for state and California State University retirees.
https://lao.ca.gov/Publications/Detail/2537

A Review of the CalSTRS Funding Plan: CalSTRS Funding Plan Relies on Abstract Calculation

Feb 2, 2016 - Instead of the simple proportional approach described above, CalSTRS is interpreting the law so that state and district shares of the unfunded liability will change annually based on the outcome of an “alternate universe ” calculation.
https://lao.ca.gov/Publications/Report/3333

Webcast: Public Retirement Benefits, Options for the Future [Publication Details]

Feb 10, 2011 - At the same time, as Sisney discusses, the Legislature may have to identify new funding soon to address substantial unfunded liabilities in the teachers' and University of California retirement systems, among others.
https://lao.ca.gov/Publications/Detail/2443

Public Retirement Benefits, Options for the Future - Public Retirement Benefits, Options for the Future [Video]

At the same time, as Sisney discusses, the Legislature may have to identify new fundi ng soon to address substantial unfunded liabilities in the teachers ' and University of California retirement systems, among others.
https://lao.ca.gov/Videos/Player?playlistId=74&videoId=116

The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - In past practice, the state has generally interpreted the latter to include the pension systems for: state and California State University employees (CalPERS), teachers (CalSTRS), and the University of California Retirement Plan.
https://lao.ca.gov/Publications/Report/4887

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

Jan 14, 2019 - Higher Education Provides Universities Large, Ongoing Augmentations Dedicated to Specific Purposes. The Governor ’s budget includes an increase of $ 540   m illion ongoing General Fund for the universities —$ 300   m illion (7. 6   p ercent) for CSU and $ 240   m illion (6. 9   p ercent) for UC.
https://lao.ca.gov/Publications/Report/3916

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - Universities Governor Proposes Discretionary Base Increases for the Universities. The Governor ’s budget includes various General Fund increases for the California State University (CSU) and the University of California (UC).
https://lao.ca.gov/Publications/Report/4135

The 2020-21 Spending Plan: Pensions

Oct 12, 2020 - The 2020 ‑21 Spending Plan repurposes the $2.3  billion supplemental payment to buy down districts ’ contribution rates further in 2020 ‑21 and also to lower districts ’ rates in 2021 ‑22. Whereas the supplemental CalSTRS and CalPERS payments would have reduced pension costs over the long run (akin to paying principal on a mortgage), repurposing the supplemental payments as rate relief payments does not reduce long-run costs.
https://lao.ca.gov/Publications/Report/4279

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

Mar 10, 2022 - In addition to education provided by state colleges and universities, several state health and labor entities administer workforce development programs. Some of these programs are targeted specifically at care economy professions.
https://lao.ca.gov/Publications/Report/4572