iOS app Android app

California Pension Funds

Public Pension Officials Can't Resist Taxpayer-Paid Trip To Hawaii

| Posted 02.27.2013 | Los Angeles

This story comes courtesy of California Watch. By Jennifer Gollan When the head of one of the state’s largest independent pension funds recei...

Pension Bankruptcy in Tiny U.S. Territory Is a Warning of What May Lie Ahead

David Paul | Posted 07.24.2012 | Politics
David Paul

The pension issue is not going to go away. The financial impacts of pension deficits are going to be felt at the state and local level for years, and will continue to influence the political landscape as politicians are forced to confront that which is manifestly broken.

Shades of Brown: Cities and the Governor's Pension Reforms (Part 2)

John Mirisch | Posted 01.09.2012 | Los Angeles
John Mirisch

Without serious pension reform, kiss new taxes or tax extensions goodbye, no matter how much money special interest groups or unions spend trying to sell us the latest bill of goods.

Shades of Brown: Cities and the Governor's Pension Reforms (Part 1)

John Mirisch | Posted 01.08.2012 | Los Angeles
John Mirisch

Even though there are those who would make it political, the subject of pension reform for government employees in California is not really a political issue: it's a mathematical issue.

Dave Jamieson

Nurses On The Attack: Hospital Workers Fight Layoffs By Blasting Executives | Dave Jamieson | Posted 07.17.2011 | Business

WASHINGTON -- In recent months, the management at Salinas Valley Memorial Healthcare System has approached workers with a set of proposals that includ...

The Sky is Not Falling at CalSTRS

Ed Derman | Posted 05.25.2011 | Business
Ed Derman

California's public pension systems have come under fire recently by several studies that recommend cutting nearly half their expect rate of return. But this flawed advice will burden taxpayers immensely.