CalSTRS Funding: An Update

May 5, 2017 - This could be thought of as accelerating life expectancy improvements that CalSTRS would have otherwise assumed in the future into today ’s assumptions. The new approach aims to ensure that contributions from teachers and employers made during teachers ’ working lives are sufficient to cover the costs of their pension benefits, and thus should help avoid unfunded liabilities in the future.
https://lao.ca.gov/Publications/Report/3662

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Sep 7, 2023 - The threat to the health and safety of both people living in prisons and working in prisons resulted in the administration implementing a number of personnel policies related to staff testing for the virus, mask wearing, and vaccination.
https://lao.ca.gov/Publications/Report/4800

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

Jun 27, 2025 - The largest factors driving these cost increases have been (1)  the rapid growth in health premiums and (2)  the growing number of people receiving the benefit as more employees retire and people live longer in retirement.
https://lao.ca.gov/Publications/Report/5060

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

Jul 14, 2025 - Lower Costs Today in Exchange for Higher Costs Later. Suspending both the employer and employees ’ contributions to prefund OPEB for two years reduces costs today but contributes to a significant and growing unfunded liability.
https://lao.ca.gov/Publications/Report/5064

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Jun 23, 2025 - Compared with spending levels today, the administration estimates that the agreement would result in General Fund savings of $120.2  million in 2025-26 and $69.8  million in 2026-27. After PLP 2025 ends and the state resumes making contributions to prefund OPEB, the administration estimates that the state ’s annual General Fund costs would be $412.2  million higher than today.
https://lao.ca.gov/Publications/Report/5058

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

Feb 2, 2016 - (The calculation also excludes the effects of pension change legislation passed in 2012 known as “PEPRA. ”) If the state had made these different decisions in the past, the calculation shows that CalSTRS ’ unfunded liability would be smaller today.
https://lao.ca.gov/Publications/Report/3333

Refocusing the Workers’ Compensation Subsequent Injury Program

Jul 10, 2025 - With Influx of Claims Driving Backlog, Today ’s SIBTF Claimants Might Expect to Wait Ten Years. Injured workers must finalize their subsequent injury workers ’ compensation case before proceeding with their SIBTF claim for additional benefits.
https://lao.ca.gov/Publications/Report/5062

MOU Fiscal Analysis: Bargaining Unit 7 (Public Safety)

Sep 7, 2023 - Pay Increases Unit 7 Average Base Pay Slightly Lower Today Than 20 Years Ago. As Figure  2 shows, after controlling for inflation, the average Unit 7 base pay has fluctuated significantly over the past two decades.
https://lao.ca.gov/Publications/Report/4802

MOU Fiscal Analysis: Bargaining Unit 9 (Professional Engineers)

Jun 27, 2025 - The largest factors driving these cost increases have been (1)  the rapid growth in health premiums and (2)  the growing number of people receiving the benefit as more employees retire and people live longer in retirement.
https://lao.ca.gov/Publications/Report/5061

MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol)

Aug 23, 2024 - As a result, often, salaries are more competitive in regions with lower costs of living, whereas salaries in more expensive regions are less competitive. In contrast, Unit 5 receives salary increases based on labor market trends in counties with high costs of living despite roughly 70 percent of Unit 5 members working in counties that are not included in the survey.
https://lao.ca.gov/Publications/Report/4920