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Learn about the history, powers and duties, and current office holder of the state treasurer of California, a constitutional officer in the executive branch. The state treasurer manages the state's cash flows, coordinates banking services, safeguards public funds, issues and manages public debt, and administers various savings programs.
Matthew Kipling Fong (November 20, 1953 – June 1, 2011) [1] was an American Republican politician who served as the 30th California State Treasurer. He was a government appointee, finance industry director, and consultant after retiring from the Air Force Reserve. As of 2024, Fong is the last Republican to serve as California State Treasurer ...
CalPERS is an agency that provides retirement and health benefits for over 1.5 million public employees, retirees, and their families in California. It is the largest public pension fund in the U.S., with over $469 billion in assets and a history of shareholder activism and political controversies.
State employees should see larger paychecks starting in January 2024, but retroactive pay will be issued throughout December. The payroll system and the controller's office are the main factors ...
Learn about the history, functions and members of the California Franchise Tax Board, which collects state personal and corporate taxes. The board is part of the California Government Operations Agency and consists of the State Controller, the Chair of the Board of Equalization and the Director of Finance.
Total number of employees is 227,536 excluding California State Universities. [1] In 2004, there were 4,462 job classifications, many of which had no employees occupying the position, as a workaround for certain hiring practices. [2] As part of a civil service reform initiative beginning in 2013, 700 job titles were eliminated. [3]
Learn the factors that affect your 401 (k) contribution, such as age, income, retirement goals and employer match. Find out the annual limit, tax implications and tips for boosting your savings.
For retirees in the Golden State, the combination of Social Security benefits and 401(k) income will only last an average of about nine years, according to a GOBankingRates study. That compares to ...