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Posted 02.27.2013
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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...
SACRAMENTO, Calif. — The nation's largest public pension fund collected a dismal 1 percent annual return on its investments, a figure far short ...
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.
NEW YORK — One of the nation's largest public pension funds has filed a lawsuit against current and former Wal-Mart executives and board members...
SACRAMENTO, Calif. -- The nation's largest public pension fund lowered its forecast Wednesday for investment returns and asked the state of California...
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.
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.
SACRAMENTO, Calif. — The turmoil on Wall Street has hit the nation's largest public pension fund, which lost about $18 billion off the value of ...
SACRAMENTO, Calif. — California's two largest public pension funds posted their highest investment returns since before the recession, with each...
WASHINGTON -- In recent months, the management at Salinas Valley Memorial Healthcare System has approached workers with a set of proposals that includ...
SACRAMENTO, Calif. — Democratic gubernatorial candidate Jerry Brown said pension benefits for state employees should be rolled back to contain r...
SACRAMENTO, Calif. — California's public pension funds would have to report the ethnicity and gender of some of the outside investment managers ...
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.
SACRAMENTO, Calif. — California lawmakers took a step Wednesday toward cracking down on the middlemen that help private investment firms land lu...
