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Welcome

The oncoming wave of public pension debt is even bigger than it seems. The purpose of this website is to provide an overview of the multiple pension crises that are about to drown America's taxpayers. Our primary focus is on California, but we also track other states, corporate pensions, social security and international trends. Now beginning its 15th year, PensionTsunami.com was founded by and is edited by Jack Dean. (Contact: JackDean-at-PensionTsunami-dot-com or 916-644-0688 or @PensionTsunami)

Latest Newsclips     last updated October 23 1:25pm PST

Each day's headline summary is e-mailed to subscribers.

October 23, 2018

• Follow @PensionTsunami on Twitter
• FOR EARLY-BIRD VISITORS -- A Sneak Peek at Tuesday's Headlines:
• How a Gang of Hedge Funders Strip-Mined Kentucky’s Public Pensions (Gary Rivlin / The Intercept)
• The Student Loan Debt Crisis Is About to Get Worse (Riley Griffin / Bloomberg)

October 22, 2018

• Will California Gov. Jerry Brown Get the Chance to Defend Pension Reform? (blog - Ed Mendel / Calpensions)
• The Ticking Pension Bomb (Steven Malanga, Daniel DiSalvo & John Stossel / City Journal)
• End This Myth About Public Pensions (Mark Glennon / Wirepoints)
• California's Local Governments Seek New Levies Despite $4 Billion Property Tax Surge (column - Dan Walters / Napa Valley Register)
• Nevada High Court Rules for Public Access to Pension Records (Natalie Bruzda / Las Vegas Review-Journal)
• A Graduated Income Tax in Illinois Really Is a Pension Tax to Fund the Retirement of Public Employees (Hilary Gowins / Crain's Chicago Business)
• How Will Governor Candidates Tackle Illinois’ Big Pension Problem? (Doug Finke / Peoria Journal Star)
• Pretty Low in New Jersey (blog - John Bury / Burypensions)
• Massachusetts State Police 'Shouldn't Be Destroying Any Payroll Records,' Massachusetts Gov. Charlie Baker Says (Gintautas Dumcius / MassLive)
• Don't Panic About Our Falling Birth Rate -- Yet (Tiana Lowe / Washington Examiner)
• PENSION PULSE: PGGM Questions Over-diversification? (blog - Leo Kolivakis)

October 21, 2018

• WEEKEND SPOTLIGHT: Nevada High Court Rules for Public Access to Pension Records (Natalie Bruzda / Las Vegas Review-Journal)

October 20, 2018

• WEEKEND SPOTLIGHT: End This Myth About Public Pensions (Mark Glennon / Wirepoints)

October 19, 2018

• All Orange County Public School Districts But One Bleed Red Ink (op-ed - John Moorlach / Orange County Register)
• California Public Employees Vote Against Pension-Fund Activism (Paul S. Atkins / Wall Street Journal)$$
• Current State of California Pensions Is 'Irresponsible' Says State Treasurer Candidate Greg Conlon (Sam Levin / Daily Californian)
• Election Day Nearing for Voters in Lodi for 1/2 Cent Sales Tax Measure L (Kurt Rivera / ABC 10 News)
• SEC Commissioner Warns: A Retirement Crisis 'Tsunami' Is Approaching (Elizabeth Bauer / Forbes)
• If Republicans Won’t Confront Entitlements, Who Will? (column - Michael R. Strain / Bloomberg)
• Divestment Follies: Going After Facebook.... Again (blog - Mary Pat Campbell / STUMP)
• County Pays Down Pension Liability, Saves Nearly $30 Million Over the Next 20 Years (press release - Coconino County, Arizona)
• Standard & Poor’s Raises Warning Flags About Budget and $10 Billion Pension Borrowing (Fran Spielman / Chicago Sun-Times)
• Local Governments Struggling With Pension Dinged by Credit Rating Agency (Greg Bishop / Illinois News Network)
• Fairfax County May Cut Pension, Retirement Benefits for Some Workers (Max Smith / WTOP)
• Ohio Public Employees Lowers Return Assumption to 7.2% (Rob Kozlowski / Pensions & Investments)
• States Must Do More to Address Other Post-Employment Benefit Liabilities (Lucius McGeHee / The Bond Buyer)
• PBGC on Sears (blog - John Bury / Burypensions)
• PENSION PULSE: PGGM Questions Over-diversification? (blog - Leo Kolivakis)

October 18, 2018

• Why Are California's Local Governments Asking Voters to Approve More Taxes? Pension Costs (op-ed - Dustin Weatherby / Bakersfield Californian)
• This November, Will California Voters Approve $3.6 Billion Per Year in New Taxes? (Edward Ring / California Policy Center)
• Conference November 5: 'How to Address Illinois' Constitutional Pension Crisis' (DePaul University)
• Sears and the Pension Benefit Guaranty Corporation: Who's Bankrupting Whom? (blog - John Bury / Burypensions)
• Worries About Deficits Go Out the Window (Marc Joffe, Spence Purnell & John F. Kunze / Reason Foundation)
• There Is No Party of Fiscal Responsibility Any More, Says Former US Comptroller General David Walker (Megan Henney / Fox Business)
• PENSION PULSE: CPPIB and the Caisse Focus on EMs? (blog - Leo Kolivakis)

October 17, 2018

• It's a slow day for pension crisis news . . .
• Property Tax Surge Reveals the Truth: Local Tax Hikes Are All About Pensions (column - Dan Walters / Sacramento Bee)
• City of San Diego to Seek US Supreme Court Review of Ruling Against Move to DC Plan (Arleen Jacobius / Pensions & Investments)
• Good Work if You Can Get It (column - John Damschroder / Fremont News-Messenger)
• Russian Pensions and the Risk of War (Leon Aron / Wall Street Journal)$$
• PENSION PULSE: Canadian Pensions Cross ESG Threshold? (blog - Leo Kolivakis)
• 5500 Day After – Central States (blog - John Bury / Burypensions)

October 16, 2018

• California Supreme Court Justices Take Rare Step of Recusing Themselves (Associated Press)
• California Supreme Court Recuses Itself in Judicial Raises Case (Bonnie Eslinger / Law360)$$
• Illinois Gubernatorial Debate on Pensions – Number 2 (blog - John Bury / Burypensions)
• Providence, Rhode Island School Bus Driver Strike Ended Yesterday (Sam Read / NBC 10 News)
• Companies With Newly Flush Pensions See Chance to Unload the Risk (Tatyana Shumsky / Wall Street Journal)
• PBGC Statement on Sears Bankruptcy Filing (press release - Pension Benefit Guaranty Corporation)
• Sears' Bankruptcy, the PBGC's Debt and Your Retirement (Elizabeth Bauer / Forbes)
• PENSION PULSE: Has the Market Topped Out? (blog - Leo Kolivakis)

October 15, 2018

• The Economy Is Booming. Why Do So Many of California's Central Valley Cities Want to Raise Taxes? (column - Ryan Lillis / Sacramento Bee)
• 'LA Works' Pension Cuts Are Reduced, Ex-CEO Charged (blog - Ed Mendel / Calpensions)
• Santa Monica Council Candidates Tackle $461 Million in Pension Debt, City Hall Pay -- Part II (Santa Monica Lookout)
• Lake Forest, California Breaks Out the Champagne Ahead of Becoming Debt-Free (Alicia Robinson / Orange County Register)
• What Percentage of Public Pension Income Is From Investment Returns? or Contributions? (blog - Mary Pay Campbell / STUMP)
• Public Pensions Help the Whole City, Not Just Retirees (op-ed - Sherry S. Chan / Crain's New York Business)
• GOLDEN OLDIE: Those 'Pensions Grow the Economy' Studies Are Propaganda (op-ed - Andrew G. Biggs / Denver Post)
• New York City Workers' Pension Funds Hinge on Mayor De Blasio's Environmental Stand (Matthew Chayes / Newsday)
• Illinois Gubernatorial Debate on Pensions (blog - John Bury / Burypensions)
• October Rout Will Test Pensions' Wall Street Crash Protection (Gregory Zuckerman / Wall Street Journal)$$
• Pension Fund Outlook Brightens in 41 States (Danielle Moran / Bloomberg)
• Sears Files for Chapter 11 Bankruptcy (Lillian Rizzo & Suzanne Kapner / Wall Street Journal)$$
• Sears Goes Bankrupt, Mired in Debt and Deserted by Shoppers (Rick Green & Dawn McCarty / Bloomberg)
• PENSION PULSE: A Jittery Week on Wall Street? (blog - Leo Kolivakis)

October 14, 2018

• WEEKEND SPOTLIGHT: Meet the 50,000 Retired California Public Employees Who Receive Annual Pensions of $100,000+ (California Policy Center)

October 13, 2018

• WEEKEND SPOTLIGHT: Lake Forest, California Breaks Out the Champagne Ahead of Becoming Debt-Free (Alicia Robinson / Orange County Register)

October 12, 2018

• As Pension Costs Go Up, California Cities Turn to Voters for Tax Increases (Imran Ghori / The Bond Buyer)
• Is Port Hueneme Sales Tax a 'Pension Tax'? (Arlene Martinez / Ventura County Star)
• California Supreme Court Pension Case Argument Anticipated for Early November (Messing Adam & Jasmine)
• San Diego Will Appeal Costly Pension Ruling to US Supreme Court, Citing Former Mayor's Free-Speech Rights (David Garrick / San Diego Union-Tribune)
• Exposed: Sacramento Bee Goes After Naked Capitalism Blog … Why? (Tony Butka / CityWatch LA)
• Until Transparency - No on Measure E (letter - Frank Palermo / Folsom Telegraph)
• Who Are San Francisco's Highest-Paid Public Employees? (Emily Hoeven / San Francisco Business Times)
• Chicago Mayor Puts $10 Billion Pension Borrowing Plan on Hold (Greg Hinz / Crain's Chicago Business)
• Quincy, Illinois Fire and Police Pension Costs Rise (Doug Wilson / Herald-Whig)
• Oregon Gubernatorial Debate on Pensions (blog - John Bury / Burypensions)
• As State Agencies Privatize Jobs, 'Orphaned' Pension Debts Threaten Kentucky Taxpayers (John Cheves / Lexington Herald-Leader)
• Bigger Social Security Checks in Store for 2019 as Inflation Rises (Lydia DePillis / CNN)
• A Sears Bankruptcy Could Cause One of the Biggest Pension Defaults Ever (Robert Channick / Chicago Tribune)
• The Great American Pension Heist (C.S. Hagen / HPR)
• 'Red Zone' Multiemployer Pension Plans May Never Recover Without Congressional Help, Segal Consulting Maintains (Lee Barney / PlanSponsor)
• PENSION PULSE: The Pension Dashboard? (blog - Leo Kolivakis)

October 11, 2018

• It's a slow pension news day . . .
• California Supreme Court Pension Case Argument Anticipated for Early November (Messing Adam & Jasmine)

October 10, 2018

• Thanks to Skyrocketing Pension Costs, Putting More Money Into Santa Ana's Police Budget Doesn't Help (Norberto Santana Jr / Voice of OC)
• CalPERS' $460 Million Investment: California Firefighters Make It Hard to Break Up With Russia (Natasha Doff & John Gittelsohn / Bloomberg)
• Unusual CalPERS Investment Strategy Misfires 30 Years Later (Newser)
• Thousands of Southerners Planted Trees for Retirement. It Didn’t Work. (Ryan Dezember / Wall Street Journal)$$
• Newport Beach Council Incumbents Are Getting Pension Obligations Under Control (letter - Bob McCaffrey / Daily Pilot)
• City of Santa Clara Subject of CalPERS Investigation (Carolyn Schuk / Silicon Valley Voice)
• New 'Zombie Index' Helps Illuminate Risks Facing Taxpayers (blog - Bill Bergman / Truth in Accounting)
• Pennsylvania Pensions in Jeopardy (blog - John Bury / Burypensions)
• True Debt, Pension, Healthcare Payments Would Consume Half of Illinois' Revenue; Bankruptcy Option Needed (Mark Glennon / Wirepoints)
• BREAKING: Local 805 Gets Letter to Cut Benefits; SMW Sends Letter (blog - John Bury / Burypensions)
• A Comprehensive Federal Budget Plan to Avert a Debt Crisis (Brian Riedl / Manhattan Institute)
• PENSION PULSE: PSP Acquires Forth Ports? (blog - Leo Kolivakis)

October 9, 2018

• Peralta Community College's Outrageous Retirement Debt Bond Scheme (editorial - San Jose Mercury News)
• Election 2018: Pension Crisis May Be Quietly Driving Local 'Hotel Tax’ Measures (Nicholas Ibarra / Santa Cruz Sentinel)
• 140-Hour Average Workweek Boosts Firefighter's Compensation to More Than $1 Million Over the Past Two Years (Robert Fellner / Transparent California)
• California Taxes: The Sky Is the Limit (Jack Humphreville / CityWatch LA)
• California Gubernatorial Candidates Spar in Only Pre-Election Debate, Fail to Touch on Pension Reform (Maria Dinzeo / Courthouse News)
• CalPERS Quickie: President Pushed Off the Board Due to ESG Over Pension Security (blog - Mary Pat Campbell / STUMP)
• Yuba City Takes Proactive Approach to CalPERS (Appeal-Democrat)
• PBS to Air 'The Pension Gamble' on October 23 (FRONTLINE)
• Pepperdine Forum on Public Pensions (blog - John Bury / Burypensions)
• Oregon's Pension Fund: Here's How Many People Get $100,000-Plus Pensions (Ted Sickinger / The Oregonian)
• Oregon's $22 Billion Pension Hole: How Did We Get Here? (video - The Oregonian)
• Climate Change, Country Clubs, and Connecticut's Unfunded Pension Liabilities (Christine Stuart / CT News Junkie)
• PENSION PULSE: Rate Rise Signaling Market Trouble? (blog - Leo Kolivakis)

October 8, 2018

• Will CalPERS Finally Focus on Returns? (editorial - San Diego Union-Tribune)
• CalPERS President Loses Her Board Seat (Randy Diamond / Chief Investment Officer)
• Taxpayers Again Take California Fiscal Hit (Larry Wilson & Susan Shelley / Los Angeles Daily News)
• On Pension Fund Divestment: Teachers Should Consider 5-10% Reductions in Their Pensions (letter - CALmatters)
• Potential Crash Worse Than 2008? Unfunded Pension Liabilities Could Be to Blame (op-ed - George Landrith / Daily Caller)
• A Thoughtful Reminder of Another Pension Landmine (blog - James A. Bacon / Bacon's Rebellion)
• Fixing Public Pensions With Private Creativity (Joel Naroff / Philadelphia Inquirer)
• Connecticut Candidate for Governor: Tapping Pension Funds Is Risky -- Doing Nothing Is Worse (Keith M. Phaneuf / CT Mirror)
• Oregon Pension Fund's Pain Increases as Election Nears (editorial - Bend Bulletin)
• Blaming the New Jersey Supreme Court (blog - John Bury / Burypensions)
• Dodging Kentucky's Pension Crisis Won't Fix It (column - Jim Waters / Richmond Register)
• Arizona Voters Saved Public Safety Pensions; Prop. 125 Would Do the Same for Corrections Officers (op-ed - Brian Tobin / AZ Central)
• How Public Employee Benefits (Beyond Pensions and Health Care) Compare to the Private Sector's (Katherine Barrett & Richard Greene / Governing)
• Western States Multiemployer Pension Benefit Cuts Finalized (Hazel Bradford / Pensions & Investments)
• UK: The Extinction of Defined-Benefit Pension Plans Is Almost Upon Us (op-ed - Frederick Vettese / The Globe and Mail)
• Putin's Botched Pension Reform (Andrei Movchan / Project Syndicate)
• PENSION PULSE: Rate Rise Signaling Market Trouble? (blog - Leo Kolivakis)

October 7, 2018

• WEEKEND SPOTLIGHT: Potential Crash Worse Than 2008? Unfunded Pension Liabilities Could Be to Blame (op-ed - George Landrith / Daily Caller)

October 6, 2018

• WEEKEND SPOTLIGHT: Will CalPERS Finally Focus on Returns? (editorial - San Diego Union-Tribune)
• WEEKEND SPOTLIGHT: On Pension Fund Divestment: Teachers Should Consider 5-10% Reductions in Their Pensions (letter - CALmatters)

October 5, 2018

• CalPERS President Loses Board Seat to Policeman (blog - Ed Mendel / Calpensions)
• Shakeup at CalPERS Board: Cop Unseats Pension Fund's President in Election (column - Adam Ashton / Sacramento Bee)
• CalPERS Board President Is Ousted in Election, Losing to Corona Police Officer (John Myers / Los Angeles Times)
• Worried About CalPERS? Three New Laws Could Protect Workers, Governments. (column - Adam Ashton / Sacramento Bee)
• Public Pension Funding Crisis: Who Was Jeremy Gold and Why Should You Care? (Elizabeth Bauer / Forbes)
• New Jersey Pension for a Felon (blog - John Bury / Burypensions)
• Ready for a Government-Run 401(k)? (Nevin E. Adams / NAPA)
• PENSION PULSE: The Global Bond Rout? (blog - Leo Kolivakis)

October 4, 2018

• Outrageous Public Employee Pay Is the Cause of California's Bad Roads (Steven Greenhut / The American Spectator)
• San Diego Spending $100,000 for Estimate of How Costly August Supreme Court Pension Ruling Could Be (David Garrick / San Diego Union-Tribune)
• Pensions Now Depend on Bubbles Never Popping (But All Bubbles Pop) (blog - Charles Hugh Smith / Of Two Minds)
• Taxpayer Advocate Says Pensions Are 'Bankrupting' Illinois (Steve Tarter / Journal Star)
• FASB Changes to Defined Benefit Plan Disclosure Requirements (commentary - David Davala / Pensions & Investments)
• Putin Signs Controversial Pension Age Law (The Moscow Times)
• PENSION PULSE: CPPIB and OTPP Bet on Mexican Toll Roads? (blog - Leo Kolivakis)

October 3, 2018

• California Firefighter Who Made $327,491 in 2017 Asks Us to Support Higher Taxes (Edward Ring / California Policy Center)
• Report by State Senator Moorlach Finds 2/3 of California’s 944 School Districts Bleed Red Ink (FullertonWatch)
• Go to Jail, Collect Your Pension (James Coll / City Journal)
• Pension Problem Has No Easy Solutions (editorial - the Times)
• Pension Discount Rate and Investment Rate Are Not the Same Thing (Richard F. Keevey / NJ Spotlight)/
• A Nepotism Hire for Director of the PBGC? (blog - John Bury / Burypensions)
• Russian Senate Passes Contentious Pension Age Hike Bill (The Moscow Times)
• PENSION PULSE: The CAQ and the Caisse? (blog - Leo Kolivakis)

October 2, 2018

• How Public Pension Boards Are Making a Crisis Worse (Daniel DiSalvo / Governing)
• CalPERS to Review Whether International Stock Holdings Should Be Reduced (Randy Diamond / Chief Investment Officer)
• Governor Brown Vetoes California Judicial Pension Reform Bill SB 656 (Sen. John Moorlach / Orange County Breeze)
• CalSTRS and CalPERS Can Continue to Invest Millions of Dollars With Turkish Government (CBS Sacramento)
• Lake Forest Takes Formal Step to Pay Off Only Remaining Debt -- to CalPERS (Orange County Breeze)
• Are California's Democrats Really Charting a Future Path for the Rest of the Country? (Michael Warren / Weekly Standard)
• Pension War in New Jersey (blog - John Bury / Burypensions)
• New Jersey Panel Proposes '401(k) Pension' for Some State, Local Workers (John Reitmeyer / NJ Spotlight)
• Will This Lawsuit Cause Kentucky’s State Pension Fund to Collapse? (John Cheves / Lexington Herald-Leader)
• Springfield, Massachusetts Officials Tackle Pension Debt With Proposed $2 Million Budget Transfer (Peter Goonan / Springfield Republican)
• PENSION PULSE: Overcoming Public Pension Fund Risks? (blog - Leo Kolivakis)

October 1, 2018

• Federal Reserve Accounting Change Doubles Unfunded Pension Obligations (Alexandre Tanzi / Bloomberg)
• The Federal Reserve Tells a Big Truth on Pensions (blog - David Crane / FullertonWatch)
• VIDEO: 'What They Don't Want You to Know' About California Taxes and Pensions (speaker: David Crane / Coalition of Sensible Taxpayers Fall 2018 Forum)
• Pension Reform Activist David Crane Brings Mission to Revise State Finances to Marin (Keri Brenner / Marin Independent Journal)
• Who Is Being Cynical Here? (Steven Greenhut / The American Spectator)
• California Schools Face Bleak Financial Future (column - Dan Walters / CALmatters)
• CalPERS Has $360 Billion to Invest, But It Can’t Figure Out What to Do With This Blogger (column - Adam Ashton / Sacramento Bee)
• Rough Seas to Greet New CIO of CalPERS (Arleen Jacobius / Pensions & Investments)
• The Chicken Little Effect on Illinois’ Pension Crisis (Tim Jones / State Journal-Register)
• Illinois Pension Meltdown! (video - Only in Illinois)
• Albanian-Style State Pension Returns (blog - John Bury / Burypensions)
• New Jersey Pension Fund Mulls Nike Divestment Over Colin Kaepernick Ads (column - Chauncey Alcorn / Mic)
• Actuarial Stuff: Mergers, Bootings, and Secrecy (Oh My!) (blog - Mary Pat Campbell / STUMP)
• Dallas Squares Off With Another City Pension Fund (Corbett Smith / Dallas Morning News)
• If Even Putin Can't Fix Pensions, Who Can? (column - Dan Hannan / Washington Examiner)
• PENSION PULSE: Investors in the Wrong Trade? (blog - Leo Kolivakis)

September 30, 2018

• WEEKEND SPOTLIGHT: Pension Reform Activist David Crane Brings Mission to Revise State Finances to Marin (Keri Brenner / Marin Independent Journal)

September 29, 2018

• WEEKEND SPOTLIGHT: CalPERS Has $360 Billion to Invest, But It Can’t Figure Out What to Do With This Blogger (column - Adam Ashton / Sacramento Bee)

September 28, 2018

• Salinas, California's Deficit Could Rise to $10.5 Million in Ten Years. Now, Council Is Looking for Solutions. (Eduardo Cuevas / Salinas Californian)
• Oakland, California School Suppers Quietly Vanish in District Fiscal Crisis (column - Otis R. Taylor Jr. / San Fancisco Chronicle)
• The 'Really Big Band-Aid’ California Schools Have Yet to Rip Off: Ballooning Pension Costs (column - Will Huntsberry / Voice of San Diego)
• CalPERS Craziness: A Performance Review . . . and an Investigation? (blog - Mary Pat Campbell / STUMP)
• Ridgecrest City Council Approves First Step in CalPERS Bonding (Jessica Weston / Daily Independent)
• ISSUE BRIEF: Substantial Investment in Complex and Risky Assets Exposes Pension Funds to Market Volatility and High Fees (Pew Charitable Trusts)
• Pensions Are Shelling Out Billions in Fees -- and It's Not Paying Off (Liz Farmer / Governing)
• Public Pensions Are Paying Higher Fees for Lower Returns, Pew Study Finds (John W. Schoen / CNBC)
• Texas Mired in Unfunded Pension Debt (Johnny Kampis / Texas Monitor)
• Report: New York State Is Sitting on a Debt Bomb (Will Bredderman / Crain's New York Business)
• Report: Nevada Ranks 16th in Nation for Fiscal Health (Bethany Blankley / Nevada Watchdog)
• Public Pension Funding Remains Challenging, Despite Two-Year Streak of Healthy Investment Returns (Anil Niraula / Reason Foundation)
• Mayor Says 70% of Easton, Pennsylvania's Real Estate Taxes Will Go Toward Pensions Next Year (Christina Tatu / Morning Call)
• Connecticut Law Requires Full Funding of Pensions, SEBAC Overrode It (Marc E. Fitch / Yankee Institute)
• American Academy of Actuaries to Bailout Committee (blog - John Bury / Burypensions)
• Verizon Is Encouraging Employees to Retire Early to Cut Costs (Chris Mills / BGR)
• PENSION PULSE: OTPP Signs Tobacco-Free Pledge? (blog - Leo Kolivakis)

September 27, 2018

• Just How Much Money Might CalPERS Have to Collect in an Economic Downturn? (Edward Ring / California Policy Center)
• CalPERS Sued Over Failure to Reveal Whether Retirees Are on Disability Pensions (John Breslin / Northern California Record)
• Investigate Hiring of CalPERS CEO, John Chiang Says (column - Adam Ashton / Sacramento Bee)
• Fiscal State of the States (blog - John Bury / Burypensions)
• Report: Political Motivation on Public Pension Boards Leads to Bad Decisions, Higher Taxes (Cole Lauterbach / Illinois Watchdog)
• Illinois Supreme Court Hears 'Teacher for a Day' Pensioner Case (Cole Lauterbach / Illinois News Network)
• Providence Bus Drivers to Strike After Last-Minute Negotiations Fail (Steph Machado, Sarah Doiron, Shiina Losciuto & Shaun Towne / WPRI-TV)
• Russian Revolts Over Retirement Reduction (blog - Mary Pat Campbell / STUMP)
• PENSION PULSE: Strong Movement Towards Green Financing? (blog - Leo Kolivakis)

September 26, 2018

• Behind Closed Doors, University of California Officials Address Mismanagement Claims (Leanna Orr / Institutional Investor)
• CalPERS Board Rewards CEO With $84,000 Bonus, 4% Raise (column - Adam Ashton / Sacramento Bee)
• How the Crisis Caused a Pension Train Wreck (Yves Smith / Naked Capitalism)
• Garcetti's Financial Follies (Jack Humphreville / CityWatch LA)
• LAUSD: A School Budget Showdown in California (The 74 Million)
• NEW REPORT: Financial State of the States 2018 (Truth in Accounting)
• Four States That Will Founder When the Next Recession Hits (Orphe Divounguy / The Fiscal Times)
• Shut Down Illinois Lawmaker Pensions: They’re Already Bankrupt (Part 1) (Ted Dabrowski & John Klingner / Wirepoints)
• Two Biggest Pennsylvania Public Pension Funds Underreported $3.8 Billion in PE Fees, Oxford Professor Says (Chris Butera / Chief Investment Officer)
• The Fed Has Solved the Bond Market’s Pension Puzzle (Alexandra Scaggs / Barron's)$$
• Horizon Self Interest (3) - 'Stunning Ignorance' (blog - John Bury / Burypensions)
• PENSION PULSE: Ontario's New Non-Profit Pension Plan? (blog - Leo Kolivakis)

September 25, 2018

• From 'End of the World' to 'No Big Deal'-- Unions Change Their Tune on Janus Decision (Steven Greenhut / California Policy Center)
• Can California’s Next Governor Fix the State’s Problems? It Depends on Palo Alto (Melanie Mason / Los Angeles Times)
• PENSION PULSE: CalPERS Names New CIO (blog - Leo Kolivakis)
• Where Your Money Goes (Timothy L. Coyle / Fox & Hounds)
• Legacy of Lehman Brothers Is a Global Pensions Mess (John Authers & Brooke Fox / Financial Times)
• Forty US States Cannot Afford to Pay All Their Bills (Mayra Rodriguez Valladares / Forbes)
• Analysis: Public Retirement Plan Pressure Won’t End Soon (Jeff Amy / Idaho Statesman)
• Should Public Pension Plan Assets Be Managed for Pensioners, or Taxpayers? (blog - Bill Bergman / Truth In Accounting)
• Despite National Economic Recovery, Illinois’ Debt Per Taxpayer Worse Than During Great Recession (Greg Bishop / Illinois News Network)
• Chicago Teachers Pension Fund to Lower Assumed Return Rate to 7% Next Fiscal Year (Rob Kozlowski / pensions & investments)
• Latest Bad Pension Idea: Transfer Midway Airport and Other Chicago Assets to Its Pensions (Mark Glennon / Wirepoints)
• Horizon Self Interest (1) - Motive (blog - John Bury / Burypensions)
• Horizon Self Interest (2) - Overfunding Danger (blog - John Bury / Burypensions)
• Thousands of Spanish Retirees Protest Over Pensions (Newsflare)

September 24, 2018

• We Are Experiencing Technical Issues Today and Will Not Be Publishing as Usual; Here Are Some Key Headlines:
• Former San Gabriel Valley Agency Employees Who Saw Their CalPERS Pensions Slashed Get Tiny Bit Restored (Christopher Yee / Pasadena Star-News)
• CalSTRS Weighing $300 Million Expansion in West Sacramento (column - Adam Ashton / Sacramento Bee)
• David Crane to Speak Today in Marin County About Pensions, Etc. (Marin Coalition of Sensible Taxpayers)
• Former Redwood City Cop (Receiving a $126,369 Pension) in 17½-Hour Standoff May Get Charged With a Misdemeanor (Emily Mibach / Palo Alto Daily News)
• Take Away Perps' Pensions: Crooked Massachusetts State Troopers Still Enjoying Payouts (column - Howie Carr / Boston Herald)
• NEW STUDY: Rethinking the Structure of Teacher Retirement Benefits (Josh B. McGee & Marcus A. Winters / Sage Journal)

September 23, 2018

• WEEKEND SPOTLIGHT: Take Away Perps' Pensions; Crooked Massachusetts State Troopers Still Enjoying Payouts (column - Howie Carr / Boston Herald)

September 22, 2018

• WEEKEND SPOTLIGHT: CalSTRS Weighing $300 Million Expansion in West Sacramento (column - Adam Ashton / Sacramento Bee)

September 21, 2018

• State's Police Chiefs Support New Voice on CalPERS Board (Elizabeth Larson / Lake County News)
• Kentucky Supreme Court Hears Arguments on Future of Public Pension System (WLKY-TV)
• State of Illinois and Many of Its Municipalities Are Drowning in Unsustainable Pension Costs (column - Jim Nowlan / The Times)
• If Chicago Can’t Even Fund Its Pensions, How Is It Going to Fund 'Universal Basic Incomes' for the Masses? (Vicki Batts / Natural News)
• Illinois Pension Debate - Not Even a Table (blog - John Bury / Burypensions)
• Hurricane Florence May Lift Social Security Benefits in 2019 (Sean Williams / The Motley Fool)
• After 9/11: The Staggering Economic and Human Cost of the War on Terror (Ben Dangl / CounterPunch)
• PENSION PULSE: America's Retirement Nightmare? (blog - Leo Kolivakis)

September 20, 2018

• Political Expediency Worsens Long-Term Consequences (column - Dan Walters / CALmatters)
• CalPERS Looks to China for New Investment Chief (Dawn Lim & Heather Gillers / Wall Street Journal)
• CalPERS Needs to Come Clean About Its CEO's Educational Background (column - Michael Hiltzik / Los Angeles Times)
• Unions Are Putting Thousands Into a CalPERS Board Election. Will Workers Actually Vote? (column - Adam Ashton / Sacrameno Bee)
• The Opportunity Created by California's Overly-Generous Public Pensions (Wayne Winegarden / Forbes)
• Poway City Council Considering Special Pension Account (Steve Dreyer / San Diego Union-Tribune)
• Report: Every Adult in the State Owes $4,000 for Teacher Health Care Costs; Pensions Not Included (Cole Lauterbach / Illinois News Network)
• Chicago Is a Big Ball of Bad Ideas (blog - Mary Pat Campbell / STUMP)
• Peoria City Council Looks Into Budget Options (Steve Tarter / Journal Star)
• Connecticut Pension Debate on the Table (blog - John Bury / Burypensions)
• NYPD Cops Charged With Protecting Prostitution Ring Still Eligible for Pensions (Larry Celona, Lorena Mongelli & Bruce Golding / New York Post)
• Fort Worth Approves Budget. Why a Tragedy Has Temporarily Put Pension Fix on Hold (Bill Hanna / Star-Telegram)
• 'Multiemployer' Pension Hole Keeps Getting Deeper (Andrew G. Biggs / Real Clear Policy)
• Cato: Sears’ Pension Problems Should Be Lesson for Governments to Get Out of Pensions (Greg Bishop / Illinois News Network)
• PENSION PULSE: Caisse Chief Sounds Alarm on Climate? (blog - Leo Kolivakis)

September 19, 2018

• Don't Let These Six Bay Area Cities Take Your Home Equity (editorial - San Jose Mercury News)
• San Diego Officials Divided Over Accelerating Payoff of City's $2.76 Billion Pension Debt (David Garrick / San Diego Union-Tribune)
• PENSION PULSE: CalPERS CEO Under Fire? (blog - Leo Kolivakis)
• CalPERS Obligations and Lack of Revenue Hampers Lompoc City Services (Ron Fink / Noozhawk)
• Danville, California: Pension Costs Hang Over Vote on $1.4 Million Grant to Hire Firefighters (Tracy Crane / News-Gazette)
• Ridgecrest City Council to Discuss Bonding CalPERS Unfunded Liability Today (Jessica Weston / Daily Independent)
• Podcast: Lawrence McQuillan on America's Public Pension Crisis (Financial Sense)
• Report Says Pension Boards Share Blame for States' Widening Debt (Keith M. Phaneuf / CT Mirror)
• Substitute Teacher for a Day Wants Bigger Pension Restored (Jaclyn Driscoll / NPR Illinois)
• Crowding Out: Chicago Pension Fund Demands Intercept of State Grant Money (Adam Schuster / Illinois Policy)
• Doing Something (Nothing) on New Jersey Health Care Costs (blog - John Bury / Burypensions)
• Europe's Looming Pensions Crunch (John Cassar White / Times of Malta)

September 18, 2018

• Pension Costs Underlie Tax Increases in Seven Orange County Cities (Thy Vo / Voice of OC)
• Gap Between Haves, Have-Nots Is Growing (Hazel Bradford / Pensions & Investments)
• Wilshire Consulting Report Shows Pension Funding Levels Increased in Cities and Counties in Fiscal Year 2017 (press release - Citizen Tribune)
• Pension Reform for Weasels (blog - John Bury / Burypensions)
• MTA Capital Costs Have Soared to Pay for Underfunded Metro New York Construction Union Pensions (Larry Littlefield / Saying the Unsaid in New York)
• Will Emanuel Put Chicago Taxpayers at Even Greater Risk? (op-ed - Kristen McQueary / Chicago Tribune)
• Daley Hoping for Chicago Pension Help From a Gov. Pritzker (blog - Rich Miller / Capitol Fax)
• PENSION PULSE: Blackstone's $18 Billion Distressed RE Fund? (blog - Leo Kolivakis)

September 17, 2018

• Growing Pension Costs to Force Cities to Raise Taxes, Cut Services, Says S&P Report (Cole Lauterbach / Illinois News Network)
• Sonoma County Employees Could Take on More Pension Costs Under Policy Backed by Supervisors (J.D. Morris / Press Democrat)
• CalPERS’ PR Strategy on CEO Marcie Frost's Resume Lies Backfiring (Yves Smith / Naked Capitalism)
• CalPERS' CEO With No College Degree: 'Integrity’ or 'Sad, Sad Circus?’ (Troy Warner / MTL News)
• California’s Degrees of Separation From Truth and Accountability (K. Lloyd Billingsley / Independent Institute)
• Divestment Follies: An Actual Cogent Case...Kind of (blog - Mary Pat Campbell / STUMP)
• How to Control the Pension Debt (James M. Hohman / Mackinac Center)
• Fault in Our States (blog - John Bury / Burypensions)
• Pension Intercept Comes to Chicago - Latest Dibs on Body Parts (Mark Glennon / Wirepoints)
• High-Risk Real Estate Investments Cost Chicago Pension Funds $54 Million, Win Fund Managers $9 Million (Vincent Caruso / Illinois Policy)
• Sears CEO: Retiree Pensions Are Killing US, Not Online Shopping (Brittany Shoot / Fortune)
• PENSION PULSE: Late Innings of the Bull Market? (blog - Leo Kolivakis)

September 16, 2018

• WEEKEND SPOTLIGHT: Growing Pension Costs to Force Cities to Raise Taxes, Cut Services, Says S&P Report (Cole Lauterbach / Illinois News Network)

September 15, 2018

• WEEKEND SPOTLIGHT: Sears CEO: Retiree Pensions Are Killing US, Not Online Shopping (Brittany Shoot / Fortune)

September 14, 2018

• CalPERS Hired a CEO Without a College Degree. Now the Public Pension Fund Is Explaining Why (column - Adam Ashton / Sacramento Bee)
• Work for Culver City, Make $500,000 Per Year (column - Neil Rubenstein / Culver City Observer)
• California State Engineers Say Yes to 8.5 Percent Raise, Other Perks (column - Adam Ashton / Sacramento Bee)
• CalPERS and Other Retirement Funds Flow Into Sanctioned Russian Companies (Seth Hettena / Rolling Stone)
• Selling the Multiemployer Bailout (blog - John Bury / Burypensions)
• Multiemployer Pension Plans Can’t Cut Their Way to Solvency (Alicia H. Munnell / MarketWatch)
• PENSION PULSE: BlackRock Expands Private Markets? (blog - Leo Kolivakis)

September 13, 2018

• Public Needs to Keep an Eye on Pensions, But Lawsuit Says CalPERS Withholds Core Data (Steven Greenhut / California Policy Center)
• California Supreme Court Adds Hipsher to Pension Case Queue (Messing Adam & Jasmine)
• California Mandates That CalPERS and CalSTRS Factor Climate Risk Into Investments (Nithin Coca / Sustainable Brands)
• Christie in Fear (blog - John Bury / Burypensions)
• Brookfield, Connecticut's New Pension Plan Weans Employees Off Defined Benefit (Julia Perkins / Greenwich Time)
• Pension Arguments Before Kentucky Supreme Court to Be Aired on Statewide Television (Lexington Herald Leader)
• Illinois School Principal's Retirement Windfall Highlights Pension Problems (Sarah Quinlan / Heartland Institute)
• Taxpayers United of America Believes the State of Illinois Needs a Pension Reform (Kourtney Adams / WIFR-TV)
• Former Joliet, Illinois City Manager Getting a Public Pension Applying for a Job in Florida (Monica DeSantis / WJOL-AM)
• Multiemployer Pension Crisis Fix to Cost $34 Billion, Far Less Than First Estimated (Madison Alder / Bloomberg)

September 12, 2018

• Voters Shouldn't Let Firefighters' Union Run the Moraga Orinda Fire Pension Board (editorial - Mercury News)
• Two Ways to Reduce LAUSD's Budget Shortfall (op-ed - Jonathan Butcher / Orange County Register)
• Trying to Deflect the Blame: CalPERS and the Catholic Church (and Trump!) (blog - Mary Pat Campbell / STUMP)
• NEW REPORT: The Politics of Public Pension Boards (Daniel DiSalvo / Manhattan Institute)
• Why Unions' Supreme Court Loss May Not Be as Bad as It Seems (Mike Maciag / Governing)
• Is Emanuel’s $10 Billion Bond Borrowing Plan the Right Pension Fix for Chicago? (Evan Garcia / Chicago Tonight)
• Pension Provisions of New Republican Tax Plan (blog - John Bury / Burypensions)
• One Day on the Job Qualified Returning Wilkes-Barre City Worker for Pension (Jerry Lynott / Times Leader)
• Connecticut Pension Panel Looking at Logistics of Using Lottery to Fund Liabilities (Eric Bedner / Journal Inquirer)
• How In-Kind Asset Contributions Could Boost Connecticut's Pension Funding (Paul Burton / The Bond Buyer)$$
• As $1.6 Billion Pension Shortfall Vote Looms, Negotiations Intensify in Fort Worth (Todd Unger / WFAA-TV 8)
• Fort Worth Police Association Releases Video Urging Council to Keep Promises (WBAP Radio)
• Russian Police Arrest 1,195 Activists During Pension Riots (Jeff Fawkes / BITSONLINE)
• Scores Detained in Russian Pension Protests (video - Washington Post)
• UK: The Three Crises at the Heart of Our Pension System (Steve Bee / Money Marketing)
• PENSION PULSE: The 7th Inning of the Cycle? (blog - Leo Kolivakis)

September 11, 2018

• LOOKING BACK: 9/11's Legacy: California's Huge Public Safety Pensions (Teri Sforza / Orange County Register)
• Chowchilla, California Pursues Pension Obligation Bond Deal (Imran Ghori / The Bond Buyer)$$
• Would Sacramento's Measure U to Renew an Existing Half-Cent Sales Tax All Go to Pensions? (editorial - Sacramento Bee)
• Doing Something (Nothing) on New Jersey Pensions (blog - John Bury / Burypensions)
• An Examination of Counties in Illinois (Civic Federation)
• DC Metro's Soaring Pension Costs Threaten Future Service, Federal Report Says (Faiz Siddiqui & Robert Mccartney / Washington Post)
• Fixing Postal Pensions Doesn't Need to Cost Taxpayers (Nick Zaiac / The Hill)
• PENSION PULSE: Pensions Slow to Move on Climate Risk? (blog - Leo Kolivakis)

September 10, 2018

• California's Pension Crisis Hits Disadvantaged Students the Hardest (op-ed - Lisa Snell / Press-Enterprise)
• Why Is the Media Treating CalPERS With Kid Gloves? (Robert Fellner / Transparent California)
• GOLDEN OLDIE: 9/11's Legacy: California's Huge Public Safety Pensions (Teri Sforza / Orange County Register)
• A More Likely Reason Rahm Emanuel Dropped Out of the Race for Mayor: The Chicago Time Bomb (Ted Dabrowski & John Klingner / Wirepoints)
• Why Pension Liabilities May Crowd Out Cities' Capital Investment (Brian Tumulty / The Bond Buyer)$$
• Fort Worth Kicks in More Money for Pension Fix. Police, Fire Say It’s Not Enough (Bill Hanna / Star-Telegram)
• Conversations on New Jersey Pension Reform (blog - John Bury / Burypensions)
• Public Employees' Pay, Benefits and Rights Become Campaign Issues (column - Katherine Barrett & Richard Greene / Governing)
• The Pension Crisis Is Bigger Than the World's 20 Largest Economies (Simon Black / Sovereign Man)
• Protesters Across Russia Rally Against Kremlin Plan to Raise Retirement Age (Sabra Ayres / Los Angeles Times)
• PENSION PULSE: The Confounding Market? (blog - Leo Kolivakis)

September 9, 2018

• WEEKEND SPOTLIGHT: California’s Pension Crisis Hits Disadvantaged Students the Hardest (op-ed - Lisa Snell / Press-Enterprise)

September 8, 2018

• WEEKEND SPOTLIGHT: The Pension Crisis Is Bigger Than the World's 20 Largest Economies (Simon Black / Sovereign Man)

September 7, 2018

• In the Last 25 Years, Sonoma County’s Pension Liability Rose Eleven Times Faster Than Tax Revenues (Ken Churchill / California Policy Center)
• LA's Pension Shenanigans: Stealing From Our Kids (Jack Humphreville / CityWatch LA)
• CalPERS Disaster Shapes Bill Sent to Gov. Jerry Brown (column - Adam Ashton / Sacramento Bee)
• Chicago's Pension Bond as Proposed Would Blow a Golden Opportunity for Pension Reform (Mark Glennon / Wirepoints)
• Illinois Is Rapidly Advancing Into One of the Worst State Gov't Pension Liability Crises in American History (Craig Eyermann / Independent Institute)
• Four Issues of Free Speech (blog - John Bury / Burypensions)
• PENSION PULSE: Pensions Rush to Buy Treasury Strips? (blog - Leo Kolivakis)

September 6, 2018

• Required Vote for California Local Tax Increases in Legal Limbo (column - Dan Walters / Napa Valley Register)
• We Still Need to Reform DROP -- Deferred Retirement Option Plans (John Moorlach / Fox & Hounds)
• Jerry Sanders Has a Right to Free Speech, Too (op-ed - Jan Goldsmith / Voice of San Diego)
• The Teachers Union's Demands Would Drive LAUSD to Bankruptcy (op-ed - Christian Barnard / Orange County Register)
• Sacramento Newspaper Puts Searchable Salary Database of California State Workers Online (Sacramento Bee)
• Illinois' Schaumburg Park District Pensions Costing Taxpayers Millions (Vincent Caruso / Illinois Policy)
• Gov. Kim Reynolds on Iowa's Pensions: 'We Will Absolutely Honor the Commitments That Have Been Made' (William Petroski / Des Moines Register)
• As Nike Boycott Gets Underway, Next Battleground May Be Pensions (Brandon Kochkodin / Bloomberg)
• Shoe Is on the Other Foot: Police Unions Call for Nike Divestment (and Other Divestment Follies) (blog - Mary Pat Campbell / STUMP)
• Trump Pension Order (blog - John Bury / Burypensions)
• PENSION PULSE: California's Landmark Climate Change Bill? (blog - Leo Kolivakis)

September 5, 2018

• Staffers Accuse California Teachers Association of 'Betrayal' Over Post-Janus Cuts (Mike Antonucci / LA School Report)
• California Controller's Office Publishes 2017 Salary Data for Special Districts (Lake County News)
• Pension Stress Testing Can Help States Plan for the Next Recession (op-ed - Greg Mennis / Pensions & Investments)
• Pension Bonds: Lessons From the State of Illinois (Civic Federation)
• Public Pension Underfunding (Craig Foltin, Dale Flesher, Gary Previts & Mary Stone / Strategic Finance)
• PENSION PULSE: Nyet on Pension Reforms? (blog - Leo Kolivakis)

September 4, 2018

• California's Unions Enjoy Clout, But Membership Declining; Elimination of 'California Rule' Would Be Huge Setback (column - Dan Walters / CALmatters)
• Chowchilla Votes to Pursue Bonds to Retire the City Pension Liability (Charles Doud / Madera Tribune)
• CalPERS’ Bet on Sacramento’s Planned Tallest Tower Splits Board (Heather Gillers & Dawn Lim / Wall Street Journal)
• Milwaukee County Retirees Could Lose Cost-Of-Living Increases as Unfunded Pension Liability Grows (Don Behm / Milwaukee Journal Sentinel)
• Illinois Pension Debt-To-Revenue Ratio Hits All-Time High for Any State, Says Moody’s (Adam Schuster / Illinois Policy)
• An Ugly Illinois Pension Update (editorial - News-Gazette)
• New Jersey Lawmakers Try to Wrangle Pension Problem (Joseph De Avila / Wall Street Journal)
• Bond Debt of the States – $1.1 Trillion (blog - John Bury / Burypensions)
• San Juan, Puerto Rico's Archdiocese Files for Bankruptcy Over Teacher Pensions (Catholic News Service)
• Thousands Protest at Putin’s Pension Plans (The Times)
• Why Many Russians Will Never Retire (video - Sky News)
• PENSION PULSE: Get Into Stocks Right Now? (blog - Leo Kolivakis)

September 1, 2018

• HAPPY LABOR DAY: PensionTsunami Is Taking a Four-Day Weekend
• Pension Reform Newsletter – August 2018 (Zachary Christensen / Reason Foundation)

August 31, 2018

• HAPPY LABOR DAY: PensionTsunami Is Taking a Four-Day Weekend
• Financial Times Confirms Accuracy of Our Reporting on CalPERS CEO Marcie Frost’s Resume Misrepresentations (Yves Smith / Naked Capitalism)
• CalPERS Affirms Confidence in CEO Amid Questions on Educational Background (Arleen Jacobius / Pensions & Investments)
• CalPERS CEO's Education to Get Scrutiny From Some Board Members (John Gittelsohn / Bloomberg)

August 30, 2018

• Candidate for Treasurer in California Pushes Public Pension Reform (Nathan Su / The Epoch Times)
• Pension Quickie: Paying for Hamburgers on Tuesday... or Not at All (blog - Mary Pat Campbell / STUMP)
• Mayor Emanuel Defends $10 Billion Pension Bond Plan (Fran Spielman / Chicago Sun-Times)
• Can Emanuel’s Bad Pension Borrowing Be Made Good? (column - Greg Hinz / Crain's Chicago Business)
• A 'Plan' to Make Chicago's 'Bad Pension Borrowing' Good? Greg Hinz Is Mighty Confused (Mark Glennon / Wirepoints)
• Chicago's Risky Bid to Dig Itself Out From Massive Pension Debts (Rachel Greszler / Daily Signal)
• FASB Takes Big Steps on Disclosure Effectiveness (Ken Tysiac / Journal of Accountancy)
• Power Multiemployer Bailout Campaign (blog - John Bury / Burypensions)
• PENSION PULSE: The End of Greece's Bailout? (blog - Leo Kolivakis)

August 29, 2018

• 'Cold Hard Truth': Why San Diego County Schools Are in the Red (Hoa Quách / Poway Patch)
• Crunching Numbers: CalPERS CEO Marcie Frost on Challenges Facing the Largest Public Pension Fund in the Nation (Comstock's)
• The Public-Pension Party Must End (Jon L. Pritchett / National Review)
• Fresno City Pension Chief Is No Fan of Rep. Devin Nunes' Pension Reform Bill (David Taub / GV Wire)
• Is This the Real Reason for Chicago's Pension Obligation Bond Proposal? (Elizabeth Bauer / Forbes)
• Is Chicago’s $10 Billion Pension Bond Sale Decision the Answer? (Chris Butera / Chief Investment Officer)
• Society of Actuaries Seeks Comments on New Mortality Assumptions for Public Pensions (Nick Thornton / BenefitsPro)
• Russia's Putin Softens Pension Reforms After Outcry (BBC)
• Putin Dials Back Pension Plan After Backlash (Ann M. Simmons / Wall Street Journal)$$

August 28, 2018

• NOTE TO VISITORS: We are still experiencing technical problems
• Moody’s Has State Unfunded Pension Liabilities at $1.6 Trillion (blog - John Bury / Burypensions)
• Chicago Pension Obligation Bond Idea: It's the Discount Rate, Stupid (blog - Mary Pat Campbell / STUMP)
• Chicago CFO's Stupendously Bad Timing on Her Last Pension Obligation Bond (Mark Glennon / Wirepoints)
• Mayor Emanuel’s Real Motivations for Chicago’s $10 Billion Pension Bond Plan (Ted Dabrowski & John Klingner / Wirepoints)

August 27, 2018

• Public Pension Crisis: Who Will Cover the $4 Trillion Shortfall? (interview with Olivia Mitchell - Wharton School of Business)
• Controversial DROP Retirement Plan for L.A. Police & Firefighters Would Be Reformed Under New Proposal (Jack Dolan & Ryan Menezes / Los Angeles Times)
• California -- With $1 Trillion in Unfunded Pension Liabilities -- Is a Nanny State on Steroids (editorial - Las Vegas Review-Journal)
• New Survey Shows Public-Sector Union Members Approve Janus Decision (LaborPains.org)
• Skyrocketing Spending on Benefits Hurts Teachers and the Schools That Employ Them (Chad Aldeman & Max Marchitello / The 74 Million)
• Tax Hikes vs. Reform: Why Illinois Must Amend Its Constitution to Fix the Pension Crisis (Adam Schuster / Illinois Policy)
• To All Illinois Legislative Candidates: Show Leadership by Refusing a Legislative Pension (Wirepoints)
• Why Illinois Suburban Property Taxes Are So Extortionately High (Hilary Gowins / Crain's Chicago Business)
• Illinois Pension Actuary Defrocked. Finally. (Mark Glennon / Wirepoints)
• Chicago Pension Data – 2017 (blog - John Bury / Burypensions)
• Report: New Mexico's Retirement Benefits Not Sustainable (Dan McKay / Albuquerque Journal)
• Puerto Rico Has 'Catastrophic' Levels of Debt – Report (Hazel Bradford / Pensions & Investments)
• America’s Hidden Debt (column - Daniel Blitz & Robert Dugger / Times of Oman)
• Sobering Social Security Statistics (David Henderson / Econlib)
• UK: Public Sector Pension Is Worth Three Times That of a Private Worker (Christopher Hope / The Telegraph)
• PENSION PULSE: Riding the Bull to Nirvana? (blog - Leo Kolivakis)

August 26, 2018

• WEEKEND SPOTLIGHT: New Survey Shows Public-Sector Union Members Approve Janus Decision (LaborPains.org)

August 25, 2018

• WEEKEND SPOTLIGHT: Changes to Fraud-Tainted LA DROP Pension Program Announced by Mayor Garcetti (Los Angeles Daily News)

August 24, 2018

• NOTE TO VISITORS: We continue to experience maintenance issues
• CalPERS Hides the Ball on Disability Pension Fraud (K. Lloyd Billingsley / Independent Institute)
• More San Diego Employees Are Quitting Since 'Prop B’ Pension Reform (Andrew Bowen / KPBS)
• Staff Benefits Are Eating Up Bigger Shares of School District Budgets, Report Finds (Madeline Will / Education Week)
• Chicago Aldermen 'Lukewarm’ as They Are Briefed That Pension Borrowing Could Top $10 Billion (Fran Spielman / Chicago Sun-Times)
• Chicago Mulls $10 Billion Debt Sale to Fill Pension Funding Hole — Here’s Why It’s a Bad Idea (Sunny Oh / MarketWatch)
• Texas Legislature Does Away With Confederate Pension Fund (op-ed - Ken Herman / Austin American-Statesman)

August 23, 2018

• NOTE TO VISITORS: We will be offline for awhile today for urgent maintenance
• Ruling May Lead to Holding US Responsible for Puerto Rico Bonds (Robert Slavin / The Bond Buyer)$$
• Amid Skepticism, Chicago Aldermen to Be Briefed on $10 Billion Pension Borrowing Plan (Fran Spielman / Chicago Sun-Times)
• Life Expectancy Declines Seen in US and Other High-Income Countries (Lisa Rapaport / Reuters)

August 22, 2018

• California Split Roll Initiative Isn't About Fairness. It's a Money Grab for Special Interests. (editorial - Orange County Register)
• Government Pay Watchdog Transparent California Wants CalPERS to Name Retirees With Disability Pensions (column - Adam Ashton / Sacramento Bee)
• GOLDEN OLDIE: Ex-CHP Chief Snared in Son's Escape From Rape Trial Seeks Disability Pension (column - Adam Ashton / Sacramento Bee)
• We Have a Mounting CalPERS Liability We Cannot in Good Conscience Fail to Address During Our 'Lucky' Years (op-ed - Alan Galbraith / St. Helena Star)
• Soaring Overtime Fattens Paychecks of California Cops and Firefighters. But at a Cost (Phillip Reese & Adam Ashton / Sacramento Bee)
• California’s City and County Overtime Dilemma in 60 Seconds (video - Sacramento Bee)
• Another Lawsuit Demands California Unions Return Fair Share Fees to Government Workers (column - Adam Ashton)
• Lawmakers Kill a Proposed Tax Deduction for California Union Members (column - Adam Ashton / Sacramento Bee)
• Pressure Off, Hartford Council Weakens on Pension Reform (editorial - Hartford Courant)
• Puerto Rico Pension Bondholders’ Claims Ruled 'Unenforceable' (Hazel Bradford / Pensions & Investments)
• Will Pensions End Putin? Russia’s Retirement Age Debate (Marc Bennetts / Newsweek)
• PENSION PULSE: OMERS's Huge Stake in a Texas Pipeline? (blog - Leo Kolivakis)

August 21, 2018

• CalPERS Wants to Turn Its 'Hole in the Ground' Into Sacramento's Tallest Building (column - Adam Ashton / Sacramento Bee)
• Open Government Group Transparent California Sues CalPERS Over Pension Data (Lauryn Schroeder / San Diego Union-Tribune)
• CalPERS Pays $3.4 Million to Dow Jones to Settle Massive Copyright Infringement (blog - Yves Smith / Naked Capitalism)
• California Sticks Its Schoolkids’ Futures in a Vise (Joe Mathews / CityWatch LA)
• L.A. Can't Call Itself a Progressive City Until It Gets Rid of DROP (letter - Los Angeles Times)
• States Making Slow Progress on Public Pension Reform (Lou Cannon / Noozhawk)
• Politicians Cashing In (blog - John Bury / Burypensions)
• Politicians Cashing In – Still (blog - John Bury / Burypensions)
• DC Metro Cannot Afford to Sustain the Union's Gilded Pension and Retiree Health-Care Plans (editorial - Washington Post)
• PENSION PULSE: CPPIB to Double its Allocation to China? (blog - Leo Kolivakis)

August 20, 2018

• The Real Story Behind Sacramento's Push for Tax Hikes: Pension Red Ink (editorial - San Diego Union-Tribune)
• Sweet Pensions, Secrecy Laws: L.A. Has Its Own Ugly Swamp That Needs Draining, But Where's the Leadership? (column - Steve Lopez / Los Angeles Times)
• CalPERS Sued for Withholding Complete Pension Data (press release - Transparent California)
• Don't Believe the Hysteria: There Are Other Ways for California's Public Workers to Get Benefits (Steven Greenhut / California Policy Center)
• California Needs New School-Funding System (Joe Mathews / Ventura County Star)
• Napa School Trustees Off Base in Criticizing Taxpayer's Association (letter - Mark Gasster / Napa Valley Register)
• Chicago May Try to Paper Over Its Pension Woes With New Debt (editorial - Wall Street Journal)
• Illinois Tells Voters Its Budget Is Balanced, Warns Bond Investors It's Not (Mark Glennon / Wirepoints)
• EDITORIAL CARTOON: Moon and Stars Pension Promises (Eric Allie / Illinois Policy)
• How Mayor Emanuel Is Misleading You on Chicago's Debt (Mark Glennon / Crain's Chicago Business)
• Chicago Stupidity: Universal Basic Income, Pension Obligation Bonds, and Divestment (blog - Mary Pat Campbell / STUMP)
• Did Senate President Sweeney Kill Recent New Jersey Pension-Padding Bill? (column - Ryan Hutchins / Politico)
• New Jersey Retiree Update – June, 2018 (blog - John Bury / Burypensions)
• Oregon's Public Employees Retirement System Is No Ordinary 401(k) (editorial - Bend Bulletin)
• Kentucky's Pension Fight Still Mired in Muck (editorial - Bowling Green Daily News)
• Fed Court Sides With Jacksonville in Pension Challenge (A.G. Gancarski / Florida Politics)
• Omaha’s Unfunded Pension Gap Will Grow to $876 Million Under an Actuary's Recommendation (Emily Nohr / World-Herald)
• Fort Worth Moves Toward Compromise on Pension Shortfall (Scott Gordon / NBC 5)
• US Judge Rules Against Puerto Rico Retirement System Bondholders (Luis Valentin Ortiz / Reuters)/
• Why Russians Have No Trust in the Pension Reform Plan (op-ed - Denis Volkov / Moscow Times)
• Due to Lack of Funds Ukraine's Pensions Will Be Reduced by 10% on Average of the National Commission (Siver Post)
• PENSION PULSE: Top Funds' Activity in Q2 2018 (blog - Leo Kolivakis)

August 19, 2018

• WEEKEND SPOTLIGHT HEADLINES:
• Sweet Pensions, Secrecy Laws: L.A. Has Its Own Ugly Swamp That Needs Draining, But Where's the Leadership? (column - Steve Lopez / Los Angeles Times)
• Don't Believe the Hysteria: There Are Other Ways for California's Public Workers to Get Benefits (Steven Greenhut / California Policy Center)

August 18, 2018

• WEEKEND SPOTLIGHT: The Real Story Behind Sacramento's Push for Tax Hikes: Pension Red Ink (editorial - San Diego Union-Tribune)

August 17, 2018

• Competing for California’s Biggest Pension-Spiking Scam (editorial - Orange County Register)
• Public Pensions and Public Trust (Elizabeth Bauer / Forbes)
• Winters, California Explores Tackling Unfunded Pension Liability With Additional Payments (Matthew Keys / Winters Express)
• CalPERS Consultant Defends Forestland Sale Which Lost Around $500 Million (Chris Butera / Chief Executive Officer)
• Public Sector Unions Win Big at the California Supreme Court in Getting San Diego Pension Reforms Overturned (Steven Greenhut / Reason)
• Proposal to Put New Hires on Defined Contribution Plan Hits Snag in Hartford (Jenna Carlesso / Hartford Courant)
• Sweeney Pension Path Ends With Hiring an Actuary (blog - John Bury / Burypensions)
• Kentucky Governor Defends Pension Law in Hard-Hitting Speech (Bruce Schreiner / WCPO 9)
• A Homeowner's Share of Oregon's Public Pension Debt? Study: $106,952 (editorial - Herald and News)
• When It Comes to North Carolina Pension’s Unfunded Liability, 'The Sky Isn’t Falling' Says Union Exec (letter - News & Observer)
• Cuts in Social Security and Medicare Are Inevitable. Delaying Reform Will Make It Worse. (op-ed - David Schoenbrod & Brian Riedl / USA Today)
• The Problem With Public Accounts (commentary - Paul Jacob / Common Sense)
• Motion Picture Industry Pension Plan Dips Closer to 'Critical Status' for Fourth Year in a Row (David Robb / Deadline Hollywood)
• China Millennials Face Pension Shortfall (Financial Times)$$
• PENSION PULSE: Canadian Pensions Invest in US Utility? (blog - Leo Kolivakis)

August 16, 2018

• Have Public Employee Pensions Become More Generous, or Less? (Andrew Biggs / Forbes)
• Don't Confuse Public Pension Cost With Generosity (Alicia H. Munnell / MarketWatch)
• CalPERS CFO Dismissed After Hiring Investigation (column - Adam Ashton / Sacramento Bee)
• We’ve Only Just Begun (op-ed - Baldwin Moy / Madera Tribune)
• Pension Benefits Costs Become Vacaville Mayoral Race Issue (Ian Thompson / Daily Republic)
• What a New Jersey Panel Urges to Improve State's Fiscal Health (Andrew Coen / The Bond Buyer)$$
• New Jersey Must Make Painful Fixes to Reverse the Fiscal Crisis (op-ed - Scott Shepard / NJ.com)
• NEW STUDY: 'The New Jersey Pension Crisis: Flailing in Deep Waters' (pdf - Scott Andrew Shepard / Mercatus Center)
• Fixing New Jersey Pensions (blog - John Bury / Burypensions)
• Resolve Hawaii's Pension Woes to Ease Maui Budget (op-ed - Joe Kent / Maui News)
• Is This a Way Out of Fort Worth’s Pension Woes? (letter - Star-Telegram)
• PENSION PULSE: No Turkish Delight For Emerging Markets? (blog - Leo Kolivakis)

August 15, 2018

• LAPD Chief Endorses Reform to Controversial DROP Retirement Program That Paid Him $1.27 Million (Jack Dolan / Los Angeles Times)
• Future San Diego County Taxpayers and Public Employees Are Paying for Past Pension Mistakes (Robert Fellner / Voice of San Diego)
• California School Chief Candidates Tuck and Thurmond on Pensions (CALmatters)
• CalPERS Fires Back Against Bill Requiring Liability Calculations on Treasury Rates (Arleen Jacobius / Pensions & Investments)
• Teacher Pay Fray (Larry Sand / California Policy Center)
• As Fiscal Storm Clouds Gather, Chicago Seeks a Questionable Shelter (Steven Malanga / Crain's Chicago Business)
• Mayoral Hopeful Vallas Calls Possible $10 Billion Emanuel Pension Payoff 'Irresponsible' (Bill Ruthhart / Chicago Tribune)
• Mayoral Challenger Vallas Urges City Council to Flex Its Muscle to Stop Emanuel’s Pension Bonds (Fran Spielman / Chicago Sun-Times)
• Questions for the Outgoing Chair of Oregon’s Public Pension System (Ted Sickinger / Bend Bulletin)
• Pension Map Shows Maryland's Counties Have Liabilities, Too (Carol Park / Baltimore Post-Examiner)
• Minnesota's Pension Reforms Receive Praise, But More Fixes May Be Needed (Michael Carroll / Minnesota Watchdog)
• Renewed Call for New Jersey Pension Reform Angers Public Employee Unions (Michael Aron / NJTV)
• Social Security and Fiscal Doomsday (William Sullivan / AmericanThinker)
• Newspapers Seek Help in Congress on Pension Requirements (Jeffrey Meitrodt / Star Tribune)
• Saving Community Newspapers – From Funding Pensions (blog - John Bury / Burypensions)
• Taxing Tuesday: Let's Tax Wealth! (blog - Mary Pat Campbell / STUMP)
• PENSION PULSE: All Aboard BCI's Gravy Train? (blog - Leo Kolivakis)

August 14, 2018

• Cal Fire Union Leaders' Pension-Spiking Gambit (column - Daniel Borenstein / San Jose Mercury News)
• Two More Multiemployer Plans to Cut Benefits (blog - John Bury / Burypensions)
• GRS Dominates Public Pension Actuarial Consulting, Followed by Milliman and Cavanaugh Macdonald (Elizabeth Myers / Reason Foundation)
• PENSION PULSE: CPPIB Worried About Inflation? (blog - Leo Kolivakis)

August 13, 2018

• Before Becoming LAPD Chief, Moore Retired, Collected a $1.27-Million Payout, Then Was Rehired (Jack Dolan / Los Angeles Times)
• Local Agency Exits From CalPERS (Marc Joffe / Reason Foundation)
• In Rebuking San Diego’s Pension Initiative, California Supreme Court Slams Our Basic Voting Rights (Steven Greenhut / California Policy Center)
• What's Next, Per the Lawyer Whose Pension Reform Tactic the Supreme Court Rejected (op-ed - Jan Goldsmith / San Diego Union-Tribune)
• Send the Pols a Message! Demand Pension Reform: Vote NO on State Bonds and County Rain Tax (Jack Humphreville / CityWatch LA)
• ILLINOIS: It's the Pension Promises, Stupid! (Ted Dabrowski & John Klingner / Wirepoints)
• New Jersey's Legislative Leaders Discover They Have a Public Pension Problem (editorial - Wall Street Journal)$$
• New Jersey Panel Calls for Overhauling Pensions, Schools and More (Mike Catalini / Associated Press)
• Path to Egress (blog - John Bury / Burypensions)
• Why Our Public Pensions Need Stress Tests (Susan K. Urahn / Governing)
• How Automation Will Affect Unfunded Pension Liabilities (Christopher Burnham / Forbes)
• Having Fun With Mortality: The Day Nobody Died, the Oldest People Keep Dying, and Don't Drink and Walk (blog - Mary Pat Campbell / STUMP)
• Shut Down Calgary's Triple Pension Party (oped - Colin Craig / Calgary Sun)
• China Pushes Reverse Mortgages to Pay for Pensions (Fan Liya / Sixth Tone)
• PENSION PULSE: The Big Plunge in Stocks? (blog - Leo Kolivakis)

August 12, 2018

• Before Becoming LAPD Chief, Moore Retired, Collected a $1.27-Million Payout, Then Was Rehired (Jack Dolan / Los Angeles Times)

August 11, 2018

• In Rebuking San Diego’s Pension Initiative, California Supreme Court Slams Our Basic Voting Rights (Steven Greenhut / California Policy Center)

August 10, 2018

• Pension Costs Will Burden California School Districts for Years to Come (editorial - Orange County Register)
• DeMaio Defends Prop B Following Supreme Court Ruling on the 2012 Pension Reform Measure (Karen Kidd / Northern California Record)
• CalPERS Cuts Most of Its Forestland Investment Program at a Large Loss (Randy Diamond / Chief Investment Officer)
• California May Pay Us Back in Wooden Nickels (letter - Wichita Falls Times Record News)
• Sweeney Panel's New Jersey Tax Plan (blog - John Bury / Burypensions)
• Deeply Indebted Chicago Considers Borrowing Billions to Cover Its Pension Costs (Steven Malanga / City Journal)
• Truth in Accounting's Bill Bergman Warns Chicago Is on Path to Bankruptcy (Danielle Pacey / Chicago City Wire)
• Illinois State Senate Candidate Calls for 401(k)-Style Pensions for All New Teachers (Robert Hadley / McHenry Times)
• Why New Jersey, Illinois, and Connecticut Risk Pension Fund Pressure (video - Taylor Riggs interviews Nisha Patel / Bloomberg Markets)
• Another Multiemployer Plan Files to Cut Benefits (blog - John Bury / Burypensions)
• Underperforming Public Pension Plans Pay Higher Average Fees Says Report (James Comtois / Pensions & Investments)
• PENSION PULSE: CPPIB and Caisse Expand Asian Logistics? (blog - Leo Kolivakis)

August 9, 2018

• Another Way of Looking at the Pension Crisis, as 'A Stealth Mortgage on Your House' (John Rubino / Seeking Alpha)
• California Teachers' Pensions (letter - David Crane / CALmatters)
• San Diego’s Move to DC Plan in Limbo (Rebecca Moore / Plan Sponsor)
• Pension Funds Are Boosting Bull Market Bets as Stocks Climb Higher (Heather Gillers / Wall Street Journal)
• EDITORIAL CARTOON: Up: Pensions & Property Taxes (Eric Allie / Illinois Policy)
• Bailey Says Emanuel's Plan to Borrow Billions to Prop Up Chicago's Pension System Is 'insane' (Glenn Minnis / SE Illinois)
• Why MMA Says Chicago Should Avoid Selling Pension Bonds (Yvette Shields / The Bond Buyer)$$
• Oregon's $22 Billion Pension Hole: How Did We Get Here? (Ted Sickinger / The Oregonian)
• No Magic Bullet for Oregon's Public Employees Retirement System (editorial - Bend Bulletin)
• City Officials Rush to Fix Fort Worth's $1.6 Billion Pension Problem (Fox 4)
• Top 100 US Public Pensions Lose $23 Billion in Q2 (Chris Butera / Chief Investment Officer)
• Data on Multiemployer Plans (blog - John Bury / Burypensions)
• Are Women Really Receiving Lower Social Security Benefits? (blog - Mary Pat Campbell / STUMP)
• PENSION PULSE: HOOPP Ponders its Allocation of Risk? (blog - Leo Kolivakis)

August 8, 2018

• Financial Times: CalPERS Pension Fund Suffers Big Losses on Forestry Land (F. McGuire / Newsmax)
• California Unions Win Another Pension Lawsuit. Will Their Streak Continue? (Caitlin Chen / Sacramento Bee)
• A CalPERS False Alarm [scroll down blog] (blog - Adam Ashton - Sacramento Bee)
• Controversy Simmering Over Gauging Pension Obligations (Hazel Bradford / Pensions & Investments)
• Oregon's Public Pension Mortgage Weighs Heavily (editorial - Register-Guard)
• Around the Pension-O-Sphere: An Old Tale of Pension Fraud, Illinois Spiking, Russian Revolts, and More (blog - Mary Pat Campbell / STUMP)
• A Tale of Two Teamsters Pension Plans – Not (blog - John Bury / Burypensions)
• PENSION PULSE: PSP Hits The Red Carpet? (blog - Leo Kolivakis)

August 7, 2018

• We Are Experiencing Technical Issues Today and Will Not Be Publishing as Usual -- Please Visit Again Tomorrow
• Dead Retirees Cost New Jersey Pension Funds $650 Million a Year (Michael Symons / NJ 101.5)
• Pension Payments to 18,000 Sears Canada Retirees Cut by 30% This Week (Sophia Harris / CBC)
• Russian Pension Reform Exposes Putin's Achilles Heel (Giovanni Pigni / Asia Times)
• Russia's Pension Reform Bill Risky for Ruling Party (European Interest)

August 6, 2018

• The Stealth Pension Mortgage on Your House (Rob Arnott & Lisa Meulbroek / Wall Street Journal)$$
• Could California Flame Out? (John McNellis / Wolf Street)
• California State Supreme Court Orders Appeals Court Review of San Diego Pension Overhaul (Keeley Webster / The Bond Buyer)
• The Woman Who Torpedoed San Diego's Proposition B Pension Reform Measure (Scott Lewis / Voice of San Diego)
• Why Teachers Unions Are the Worst of the Worst (Edward Ring / California Policy Center)
• Another New Jersey Tax Report (blog - John Bury / Burypensions)
• Borrowing Billions to Lower Chicago's Pension Debt? Emanuel's Finance Team Is Considering It. (Hal Dardick / Chicago Tribune)
• Rauh Testimony (3) Roadmap for Public Plans? (blog - John Bury / Burypensions)
• Graphic: The Rise of Pension Risk Transfers (Charles McGrath / Pensions & Investments)
• PENSION PULSE: Stock Market Entering Destructive Phase? (blog - Leo Kolivakis)

August 5, 2018

• WEEKEND SPOTLIGHT: The Woman Who Torpedoed San Diego's Proposition B Pension Reform Measure (Scott Lewis / Voice of San Diego)

August 4, 2018

• WEEKEND SPOTLIGHT: California State Supreme Court Orders Appeals Court Review of San Diego Pension Overhaul (Keeley Webster / The Bond Buyer)

August 3, 2018

• California State Supreme Court Rules San Diego Skipped Key Legal Step in Taking Pension Reform to Voters (David Garrick / San Diego Union-Tribune)
• San Diego's Pension Mess Just Got a Lot Messier. Now What? (editorial - San Diego Union-Tribune)
• State Supreme Court Rules Against San Diego Pension Reform (with audio - KPBS Midday Edition)
• California Supreme Court Rules Against San Diego Pension Cuts (Fox 5)
• San Diego Pension Battle Heads to Lower Court (ABC 10)
• California State Supreme Court Sides With Public Employee Union Over San Diego Pension Reform Measure (Sudhin Thanawala / Associated Press)
• Court: San Diego Mayor Broke Rules in Bid for Pension Reform (Bianca Bruno / Courthouse News Service)
• San Diego's Pension Initiative Required Union Input: Court (Joyce E. Cutler / Bloomberg)
• Big Win for San Diego Unions Against Former Mayor’s 2012 Pension Initiative (Messing Adam & Jasmine)
• Thousands of San Diego Employees Face Uncertainty After State Supreme Court Pension Case (Scott Lewis / Voice of San Diego)
• Sanders and DeMaio Talk of Teaming Up on Another San Diego Pension Measure (Michael Smolens / San Diego Union-Tribune)
• Los Angeles Mayor Eric Garcetti’s Pension Tsunami: What, Me Worry? (Jack Humphreville / CityWatch LA)
• It's Time Marin County Officials Face the Facts About Public Pensions (op-ed - Jody Morales / Marin Independent Journal)
• California Faces Crushing Pension Debt That Only Tax Hikes May Solve (column - Dan Walters / Times of San Diego)
• California's Pension Funds Can’t Afford Costly Political Statements (editorial - Press Democrat)
• EDITORIAL CARTOON: If California Teacher Pensions Are $100 Billion in Debt, Who Pays? (Tom Meyer / Press Democrat)
• Walnut Creek and Three Other Cities Dissolve Joint Staffing Agency in Wake of State Audit (Aaron Davis / East Bay Times)
• State Pensions Across the Country Are Headed for a Trainwreck (Caleb Garvin / Daily Forex Report)
• Why Government Workers Should Agitate for Public Pension Reforms (editorial - Las Vegas Review-Journal)
• Public Pensions Are a Disaster; Here’s a Fair Solution (Alex Bergstein & W. Gordon Hamlin Jr. / Forbes)
• Michigan Catching Up on State Employee Pension Debt; Progress Is Being Made, But Another $7.5 Billion Still Needed (James M. Hohman / Mackinac Center)
• Checking the Numbers: How Much Are Social Security Benefits? (blog - Mary Pat Campbell / STUMP)
• Rauh Testimony (2) Loan Program (blog - John Bury / Burypensions)
• PENSION PULSE: AIMCo and CPPIB's $1 Billion RE Venture? (blog - Leo Kolivakis)

August 2, 2018

• Chicago Budget Gap Shrinks Again, But Big Pension Debt Looms (Hal Dardick / Chicago Tribune)
• Chicago’s New Budget Document Shows City Finances 'Getting Better' (blog - Bill Bergman / Truth in Accounting)
• Chicago's Pension Funds: Annual Financial Analysis (City of Chicago)
• EDITORIAL CARTOON: Chicago Mayor Rahm Emanuel Narrowed Budget Debt (Scott Stantis / Chicago Tribune)
• Illinois Can't Spike Its Way Out of Pension Problem (Brett Rowland / Illinois News Network)
• Spotlight Danville, Illinois, My Home Town: Bankrupt (blog - Mike 'Mish' Shedlock / Mish Talk)
• Drowning in Debt: These States Are Approaching a Point of No Return (Matt Vespa / Townhall)
• Lower Return Assumption Trend Continues (Charles McGrath / Pensions & Investments)
• City Manager Proposes Fix for Troubled Fort Worth Pension Fund (Scott Gordon / NBC 5)
• What Does It Take to Be in the Top 1%? Not as Much as You Think (Frank Holmes / Forbes)
• Rauh Testimony (1) Riskless Rates (blog - John Bury / Burypensions)
• UPS Retirees Sue Feds Over Law That OKs Pension Cuts (Carmen Castro-Pagan / Bloomberg)
• Major League Baseball Retirement Equity Is an Issue of Social Justice (op-ed - Douglas J. Gladstone / Kansas City Star)
• PENSION PULSE: BCI Gains 9% in Fiscal 2018 (blog - Leo Kolivakis)

August 1, 2018

• San Mateo County Grand Jury on Pension Crisis: Time for Hard Choices (Climate Online Redwood City)
• Sacramento City Council Votes to Put Ambitious 1-Cent Sales Tax Plan on Ballot (Tony Bizjak / Sacramento Bee)
• State Officials Fire Back at Anti-Tax Group Over Lawsuit Targeting New California Retirement Plan (James Rufus Koren / Los Angeles Times)
• San Diego Council Sets Up Ballot Measure to Double the Salary for Council, Mayor (David Garrick / San Diego Union-Tribune)
• Teachers' Union Cheers Bill for Illinois to Fund More Pension Spiking (Mark Glennon / Wirepoints)
• Taxing Our Own Rich Folk Ain't Enough! Bail Us Out! (blog - Mary Pat Campbell / STUMP)
• UPS MPRA Lawsuit (blog - John Bury / Burypensions)
• PENSION PULSE: Exporting The CDPQ Infra Model? (blog - Leo Kolivakis)

July 31, 2018

• The Pension Hole for US Cities and States Is the Size of Japan's Economy (Sarah Krouse / Wall Street Journal)$$
• Three Cheers for the Los Angeles Times (Christopher Burnham / Forbes)
• As a Top Priority, Adelanto's New City Manager Plans Review of 'Bloated’ City Spending to Include Salaries (Shea Johnson / Daily Press)
• Raise Increases Cal Poly President's Base Salary to Nearly $430,000 (CalCoastNews)
• Illinois State, Local Pension News Getting Worse (column - Jim Dey / News-Gazette)
• Pensions Make Illinois Property Taxes Among Nation’s Most Painful (Orphe Divounguy, Bryce Hill, Joe Tabor / Illinois Policy)
• Why Illinois Mayors Have Little Control Over Pension Costs (Ted Dabrowski / Wirepoints)
• Who’s to Blame for Underfunded Pensions? (letter - Wall Street Journal)
• Settlement Agreement in Harvey Foreshadows Pension Crisis in Illinois (Adam Schuster & Joe Tabor / Illinois Policy)
• Connecticut Panel Grasps Pension Crisis After Years of Underfunding (Paul Burton / The Bond Buyer)
• US Rep. Richard Neal Touts Congressional Efforts to Address Multiemployer Pension Crisis (Shannon Young / Springfield Republican)
• PENSION PULSE: Canada's Pensions in Great Shape? (blog - Leo Kolivakis)

July 30, 2018

• The California Legislature Passes the Pension Buck – Again (column - Jon Coupal / Orange County Register)
• Redwood City Council to Ask Voters to Raise Sales Tax to Fund Pensions (Emily Mibach / Daily Post)
• Additional Taxes Are All About Public Employee Pensions (op-ed - Jim Hansen / Bakersfield Californian)
• Another Day, Another Tax or Fee Hike in California (column - Susan Shelley / Orange County Register)
• Defunct California Law Firm Deal Doesn't Settle Concerns on Police Union 'Playbook' (column - Steven Greenhut / Orange County Register)
• California Teacher Pension Debt Swamps School Budgets (Jessica Calefati / Ventura County Star)
• Rethinking California’s Highways as Public Utilities (op-ed - Robert Poole / Press-Enterprise0
• Connecticut Pension Commission Eyes Tapping State Assets to Shore Up Ailing Fund (Chris Butera / Chief Investment Officer)
• New Jersey's Acting Governor Has a Plan (blog - John Bury / Burypensions)
• Unsustainable: The Government Pension Pickle That Several States Are Facing (James Murphy / The New American)
• Actuarial Standards of Practice on Pensions: ASOP 4 - a Call for Comments (blog - Mary Pat Campbell / STUMP)
• The $36 Billion Multiemployer Pension Time Bomb Is Almost Ready to Go Off (Robert Romano / Daily Torch)
• Ohio Workers' Pension Fund Woes Are Symbolic of a National Problem (Mark Miller / Reuters)
• Tens of Thousands of Russians Protest Retirement Age Hikes (Jim Heintz / Associated Press)

July 29, 2018

• WEEKEND SPOTLIGHT: The California Legislature Passes the Pension Buck – Again (column - Jon Coupal / Orange County Register)

July 28, 2018

• WEEKEND SPOTLIGHT: Connecticut Pension Commission Eyes Tapping State Assets to Shore Up Ailing Fund (Chris Butera / Chief Investment Officer)

July 27, 2018

• Gov. Brown Asks California State Supreme Court to Speed Up Pension Cases Without Filling Key Vacancy (Beth Ruyak / Capital Public Radio)
• The Blue-State Housing Bubble (Michael Bargo, Jr. / American Thinker)
• Will California Schools Pass Their Tough Test on Pensions? (editorial - Sacramento Bee)
• Study: San Diego County's Pension Benefits Soar Four Times Higher Than Personal Income (Don Bauder / San Diego Reader)
• Camarillo Looking Beyond CalPERS for Pension Help (Cameron Kiszla / The Camarillo Acorn)
• Political Statements and Public-Employee Pensions (editorial - San Mateo Daily Journal)
• Pension Checks? Resolve Massachusetts State Police Legal Cases First (editorial - Boston Globe)
• 4 More Multiemployer Pension Funds Apply for Benefit Reductions (Hazel Bradford / Pensions & Investments)
• Four More Multiemployer Plans File (blog - John Bury / Burypensions)
• PENSION PULSE: Did Markets Just Get Facebooked? (blog - Leo Kolivakis)

July 26, 2018

• For Some Retired Wisconsin Public Employees, Retirement Is 'Like Winning the Lottery' (Matt Kittle / MacIver Institute)
• Wisconsin State Treasurer Highlights $1,000-Per-Day Benefit for One Public Retiree (Mark Sommerhauser / Wisconsin State Journal)
• Wisconsin State Treasurer Discusses State's Generous Pension Payouts (audio - MacIver Institute)
• California DMV Supervisor Unaware That Sleeping on the Job for 4 Years Straight Requires Disciplinary Action (Robert Fellner / Transparent California)
• Thousand Oaks, California City Council Okays $22 Million Payment to Target Pension Shortfall (Becca Whitnall / The Acorn)
• Pasadena Unified School District Contends With Ballooning Special Education Costs (Brian Day & David Cross / Pasadena Now)
• Know When People Are Crazy? (column - Chuck Doud / The Madera Tribune)
• How Public Sector Employers Are Reducing Their Pension Liabilities (Paula Aven Gladych / Employee Benefit News)
• Majority of New FDNY Retirees Receive Six-Figure Pensions (press release - Empire Center)
• New Commission to Consider Transfer of Connecticut State Assets to Pension Funds (Marc E. Fitch / Yankee Institute)
• US Senate Liberals Seek New Puerto Rico Debt Relief (Richard Cowan / Reuters)
• 10 Expenses That Grew 2 to 4 Times Faster Than Social Security's COLA Since 2000 (Sean Williams / The Motley Fool)
• Bailout Committee Hearing Stakeholders (Not Taxpayers) (blog - John Bury / Burypensions)
• PENSION PULSE: CalSTRS Gains 9% in Fiscal 2017-18 (blg - Leo Kolivakis)

July 25, 2018

• California's Pension Fund Earnings Are Up, But Crushing Debts Remain (column - Dan Walters / CALmatters)
• State Sen. John Moorlach Explains California's Financial Crisis to a Huntington Beach Town Hall Meeting (Fullerton Taxpayers)
• California's Public-Employee Pension Funds Don't Have the Luxury of Making Political Statements (editorial - Los Angeles Times)
• Governor Brown Takes Aim at the 'California Rule' (column - Pat Orr / Daily Press)
• California's Teachers Fare Better Than Many on Social Security (letter - San Jose Mercury News)
• California State University Trustees Approve Pay Raises for Executives With Six-Figure Salaries (Nanette Asimov / San Francisco Chronicle)
• California DMV Worker Slept on the Job for Three Years, Audit Says (column - Adam Ashton / Sacramento Bee)
• Harvey, Illinois Reaches Pension Fund Repayment Agreement; State to Cease Withholding Tax Revenues (Zak Koeske / Chicago Tribune)
• Illinois Group Warns Real Costs to Taxpayers Often Obscured From Government Budgets (Cole Lauterbach / Illinois News Network)
• Public Pension Well Running Dry (blog - Daniel A. White / WDEL Radio)
• Unfunded Pension Liabilities a Benefits Problem, Not Just a Funding Problem (blog - James A. Bacon / Bacon's Rebellion)
• New Connecticut Pension Sustainability Commission Meeting for First Time (Fox 61)
• Pension Funds Cannot Afford Sen. Bernie Sanders’ Tax on Financial Transactions (Kirsten Wegner / Pensions & Investments)
• Can You Trust the Social Security Trust Fund? (Charles Lewis Sizemore / Seeking Alpha)
• Understanding the Social Security Trust Funds (Center on Budget and Policy Priorities)
• Bailout Committee Hearing Stakeholders (blog - John Bury / Burypensions)
• Is Our Government Intentionally Hiding $21 Trillion in Spending? (Laurence Kotlikoff / Forbes)
• Around the Pension-O-Sphere: The 'Strong Men' of Venezuela and Russia Can Do Only So Much (blog - Mary Pat Campbell / STUMP)
• PENSION PULSE: Behind the US Public Pension Crisis? (blog - Leo Kolivakis)

July 24, 2018

• Verdict on California's Prop 30 Tax Increase — Part II: Less Than 20% Went to Services, the Rest Went to Pensions (David Crane / Medium)
• Gov. Brown Has Joined One California Pension Fight. Here's Why He Should Add a Second. (editorial - San Diego Union-Tribune)
• Martinez City Council Is Set to Discuss Putting a Sales Tax Increase on the November Ballot (California News Wire Services / Martinez Patch)
• WSJ: CalPERS and CalSTRS Warn of Lower Investment Returns (F. McGuire / Newsmax)
• Connecticut Is Drowning in Debt. Should the Rest of Us Have to Pay? (Mitch Daniels / Washington Post)
• The Future of the US Looks a Lot Like Chicago (Conor Sen / Bloomberg Opinion)
• 15 Former Chicago Aldermen Collecting 6-Figure Pensions (Eddie Damstra / Illinois Policy)
• How AFSCME Sabotaged the Illinois Economy (Hilary Gowins / Crain's Chicago Business)
• Yes, Let's Expand Social Security -- to Public Sector Employees (Elizabeth Bauer / Forbes)
• No New Jersey Pension Fund Divestment (blog - John Bury / Burypensions)
• Taxing Tuesday: Let's Sue the Feds! (blog - Mary Pat Campbell / STUMP)
• Public Sector Pensions: The Parasite Devours Its Host (John Rubino / GoldSeek)
• Illinois State's 'Secure Choice' Private Retirement Plan Could Face Legal Challenge (Michael J. Bologna / Bloomberg BNA)
• 3 Reasons Increasing Social Security's Full Retirement Age Is a Tough Sell (Sean Williams / The Motley Fool)
• PBGC Data Tables (blog - John Bury / Burypensions)
• PENSION PULSE: Caisse, CPPIB Closing Huge Deals? (blog - Leo Kolivakis)

July 23, 2018

• California Teacher Pension Debt Swamps School Budgets (Jessica Calefati / CALmatters)
• California Teachers' $107 Billion Unfunded Pension Liability: Who’ll Pay (newsletter - Dan Morain / CALmatters)
• More Pension Math: CalPERS' and CalSTRS' Investment Earnings (David Crane / Medium)
• California's Teacher Unions Reap What They Sow With Unsustainable Pensions (Kerry Jackson / Fox & Hounds)
• Paso Robles City Council Votes to Put Sales Tax Hike on the November Ballot (CalCoastNews)
• San Diego May Accelerate Paying Off Pension Debt, Which Could Create Budget Woes (David Garrick / San Diego Union-Tribune)
• To Pay for Increased Fire Services, City of Ventura Looks to Cut Overtime (Arlene Martinez / Ventura County Star)
• Public Pensions Are Earning More Than 8%—That’s Unlikely to Go on Much Longer (Heather Gillers / Wall Street Journal)$$
• Another New Jersey Task Force (blog - John Bury / Burypensions)
• Public Pension Funds Must Not Divest From Reality (Paul S. Atkins / Pensions & Investments)
• State-Run Retirement Plans for the Private Sector Are the Wrong Way to Protect the Poor (Andrew G. Biggs / Washington Post)
• Should Poor People Save for Retirement? (Elizabeth Bauer / Forbes)
• New Study: The Public Pension Crisis Is Not the Result of Legislators' Failure to Fund (Elizabeth Bauer / Forbes)
• PENSION PULSE: From Trade War to Currency War? (blog - Leo Kolivakis)

July 22, 2018

• WEEKEND SPOTLIGHT: Paso Robles City Council Votes to Put Sales Tax Hike on the November Ballot (CalCoastNews)

July 21, 2018

• WEEKEND SPOTLIGHT HEADLINES:
• Caifornia's Teacher Unions Reap What They Sow With Unsustainable Pensions (Kerry Jackson / Fox & Hounds)
• State-Run Retirement Plans for the Private Sector Are the Wrong Way to Protect the Poor (Andrew G. Biggs / Washington Post)

July 20, 2018

• Jerry Brown Goes to Court for Kids; Seeks to Level Playing Field Against Self-Dealing Adults (David Crane / Medium)
• The California Rule: Cases Pending Before the California Supreme Court (webinar - Best Best & Krieger / JD Supra)
• Santa Ana City Council Puts Sales Tax Increase on November Ballot; Would Be Highest in Orange County (Nick Gerda / Voice of OC)
• Overpromising Has Crippled Public Pensions: A 50-State Survey (Ted Dabrowski & John Klingner / Wirepoints)
• Why Your Pension Is Doomed (editorial - Wall Street Journal)$$
• Why Your Pension Is Really Doomed (blog - John Bury / Burypensions)
• Anti-Labor Group Wants California Union to Hand $100 Million Back to State Workers (column - Adam Ashton / Sacramento Bee)
• Janus Clawback: Follow the Money (blog - Mary Pat Campbell / STUMP)
• Illinois' Financial Woes Can't Be Ignored (editorial - News-Gazette)
• As Connecticut Drowns in Public Pension Debt, One State Retiree Won’t Cost Taxpayers a Dime (Marc E. Fitch / Yankee Institute)
• New Jersey: Pandering for 2020 (blog - John Bury / Burypensions)
• Nancy Pelosi Coming to Michigan to Talk Multi-Employer Pensions at Detroit Town Hall (Lauren Gibbons / Mlive)
• PENSION PULSE: Meet PSP's New CIO? (blog - Leo Kolivakis)

July 19, 2018

• Janus Is Only the Beginning (Steven Greenhut / The American Spectator)
• Norco, California's Voters Could Be Asked to Approve a 1% Sales-Tax Increase (David Downey / Press-Enterprise)
• Transparent California Helps Uncover Massive Fraud in the Montebello School District (Transparent California)
• California State Workers Get Raises This Month. How Much Will Be in Your Paycheck? (Caitlin Chen & Adam Ashton / Sacramento Bee)
• Jeremy Gold Papers (blog - John Bury / Burypensions)
• How Have Pension Costs Hurt Teacher Pay? (Chad Aldeman / The 74 Million)
• Present Consequences of Unfunded Pension Liabilities and Ways Forward (Jeffrey Cheng & David Wessel / Brookings Institution)
• Why Didn’t Investors Demand Higher Yields for Buying Puerto Rican Government Bonds? (Joseph Figueroa & David Wessel / Brookings Institution)
• Lockheed Martin: Pension Problems Ahead? (Dylan Quintilone / Seeking Alpha)
• Seniors Block Venezuela Streets Demanding Pension Checks (Alex Vasquez / AFP)
• PENSION PULSE: Time To Divest From Fossil Fuels? (blog - Leo Kolivakis)

July 18, 2018

• San Mateo County Grand Jury Report Directs Cities to Address Dangerous Cost of Unfunded Pension Liabilities (Austin Walsh / San Mateo Daily Journal)
• READ THE REPORT: 'Soaring City Pension Costs - Time for Hard Choices' (pdf - San Mateo County Grand Jury)
• Marin County Promised Pension Benefits Up Nearly 1000%, Dwarfing Rate of Economic Growth (Transparent California)
• Jerry Brown to Supreme Court: Hurry Up and Hear My Pension Law Case (column - Adam Ashton / Sacramento Bee)
• Jerry Brown Pushes for Crucial Decision on California Pension Reform Before His Term Expires (editorial - Orange County Register)
• Why Pasadena City Hall Likes Asking You for a Sales-Tax Hike (Larry Wilson / Pasadena Star News)
• The Dust Has Cleared, So It’s Time to Analyze Janus Based on Reality Rather Than Rhetoric (Steven Greenhut / California Policy Center)
• New Jersey Constitutional Amendment to Undermine Gov. Murphy Some More (blog - John Bury / Burypensions)
• PENSION PULSE: Caisse Invests $250 Million In CRE Services? (blog - Leo Kolivakis)

July 17, 2018

• California's Prop 30: 100% of Schools' Share Went to Increased Pension Costs (David G. Crane / Medium)
• Public Employees Claim Injuries All Over Their Bodies for Big Payouts — But Continue Their Active Lives (Dolan, Menezes & Garcia-Roberts / LA Times)
• Pasadena City Council Approves Sales Tax Measure for November Ballot (Eddie Rivera / Pasadena Now)
• New York Unions Coming for My Tax Money (blog - Mary Pat Campbell / STUMP)
• Pension Perspective Breakdown in New Jersey (blog - John Bury / Burypensions)
• GOLDEN OLDIE: Some of the Richest Retirees Are 'Public Pension Millionaires' (Hal M. Bundrick / The Street)
• PENSION PULSE: Beware of the Flattening Yield Curve? (blog - Leo Kolivakis)

July 16, 2018

• If State Supreme Court Rules Against San Diego on Pensions, It Could Could Cost City Millions (David Garrick / San Diego Union-Tribune)
• Los Angeles County Fire Service Study Approved by Redondo Beach City Council (David Mendez / Easy Reader News)
• Jeremy Gold, Actuary Who Warned of Pension Crisis, Dies at 75 (Mary Williams Walsh / New York Times)
• Jeremy Gold Shook Up Pension World With Warnings About Risks (Heather Giller / Wall Street Journal)$$
• A 'Nonlinear' Life: R.I.P., Jeremy Gold (Mark Glennon / Wirepoints)
• RIP, Jeremy Gold: An Actuarial Memorial (blog - Mary Pat Campbell / STUMP)
• Jeremy Gold (blog - John Bury / Burypensions)
• Why Chicago's Reported Progress on Pensions and Finances Isn't Real (Mark Glennon / Wirepoints)
• Where Illinois’ Skyrocketing Pension Promises Came From (Ted Dabrowski & John Klingner / Wirepoints)
• Pension Woes Take Toll on Illinois Local Government Ratings (Yvette Shields / Source Media)
• New Illinois Program to Offer Private Sector Retirement Savings Plan ( Associated Press)
• Mississippi Public Pension Fund's Insatiable Appetite (editorial - Northside Sun)
• Wall Street Managers Have Cost Americans More Than $600 Billion Over the Past Decade (Dion Rabouin / Yahoo Finance)
• Update on Friday's Meeting of the Congressional Multi-Employer Pension Plans' Bailout Committee (blog - John Bury / Burypensions)
• Multi-Employer Pension Crisis Showdown Comes to Ohio (Mary Kuhlman / Cleveland Scene)
• Ohio Sheet Metal Workers Feeling Pension Pinch (Steven M. Grazier / Canton Repository)
• PENSION PULSE: Time To Get Defensive? (blog - Leo Kolivakis)

July 15, 2018

• WEEKEND: Update on Friday's Meeting of the Congressional Multiemployer Pension Plans' Bailout Committee (blog - John Bury / Burypensions)

July 14, 2018

• WEEKEND: If State Supreme Court Rules Against San Diego on Pensions, It Could Could Cost City Millions (David Garrick / San Diego Union-Tribune)

July 13, 2018

• Nearly 900% Increase in CalPERS Benefits Dwarfs Economic Growth, Taxpayers’ Ability to Pay (Transparent California)
• Is the Not-So-Golden State Actually Drowning in Debt? (Jack Humphreville / CityWatch LA)
• Understanding 'Calfire v. CalPERS' and the State of California (blog - Retirement Security Initiative)
• CalPERS Beats Earnings Target for Second Consecutive Year (Bryan Anderson / Sacramento Bee)
• Some Say Lodi Is Using Taxpayer Money to Push Sales Tax Measure (Danielle Vaughn / Lodi News-Sentinel)
• The Looming Retirement Crisis for Public and Private Employees (Joel Naroff / Philadelphia Inquirer)
• California’s Major Government Unions Collect at Least $900 Million Per Year (Edward Ring / California Policy Center)
• Former New York Pension-Fund Executive Sentenced to 21 Months in Prison (Justin Baer / Wall Street Journal)$$
• Multi-Employer Pension Rally Draws Thousands to Ohio Statehouse (Jackie Borchardt / Cleveland.com)
• PENSION PULSE: The Case For Change at OMERS? (blog - Leo Kolivakis)

July 12, 2018

• CalPERS CEO and Sen. John Moorlach to Talk About Socially Conscious Pension Investing Tonight (Matt Coker / OC Weekly)
• Chicago Police and Fire Pension Plans: Growing Flush or Going Broke? (blog - Bill Bergman / Truth in Accounting)
• Chicago City Audit Shows Improving Financial Picture, Declining Pension Obligation (Fran Spielman / Chicago Sun-Times)
• Mayor Emanuel Cuts Chicago Pension Debt, But Future Hits to Taxpayers Are Still Expected (Hal Dardick / Chicago Tribune)
• Assumptions Matter for Illinois Public Employee Pension Buyout (Olivia Gonzalez / Mercatus Center)
• Do or Die for Ohio Public Employee Unions (column - John Damschroder / Port Clinton News Herald)
• Moody’s Calls Minnesota's Pension Reform 'Far From a Cure All' (Chris Butera / Chief Investment Officer)
• Teacher Pensions, Explained in Less Than 3 Minutes (TeacherPensions.org)
• Social Security, Medicaid Rapidly Nearing Collapse (Louis Debroux / The Patriot Post)
• Bailout Committee Protest (blog - John Bury / Burypensions)
• PENSION PULSE: Bank of Canada Preparing For Next Crisis? (blog - Leo Kolivakis)

July 11, 2018

• The Court Tosses Blue States a Life Jacket (Arthur Laffer & Steve Moore / Wall Street Journal)$$
• Counterintuitive: Janus Can Be a Life Jacket for Blue States (blog - Charlotte Hays / Independent Women's Forum)
• Santa Barbara County Grand Jury Finds High Risk in Santa Maria, Lompoc Pension Plans (Mike Hodgson / Santa Maria Times)
• California, Socialists, and the Debt Bombs (Patrick Bobko / Townhall.com)
• Lake Forest 2018-19 Budget Pays Off Last of City Debt (press release - City of Lake Forest / Voice of OC)
• We Need to Start Talking About Post-Employment Benefits (Christopher Burnham / Forbes)
• We're Growing Older, Working Longer – and Costing More (Tim Sheehan / Fresno Bee)
• Multiemployer Pension Plans' Congressional Bailout Committee to Hear Current Workers and Retirees (blog - John Bury / Burypensions)
• Change to Actuarial Assumptions Not Reasonable for Multiemployer Plans, Says Segal Consulting (Rebecca Moore / PlanSponsor)
• PENSION PULSE: Japanese Pensions Rushing Into Alternatives? (blog - Leo Kolivakis)

July 10, 2018

• Sorry, But Police Unions Are Just as Troubling as Other Public-Sector Unions (Steven Greenhut / California Policy Center)
• Joint Resolution Passes California State Assembly, Aims to Increase Social Security Benefits for Public Sector Employees (Suryan Bhatia / Daily Califo
• Watsonville City Council to Consider Sending Hotel Tax Increase to Voters (Nicholas Ibarra / Santa Cruz Sentinel)
• New Jersey Republican Pension Focus (blog - John Bury / Burypensions)
• Sticking It to New Jersey, Banning Soda Taxes, and More (blog - Mary Pat Campbell / STUMP)
• PENSION PULSE: Pennsylvania's Pension Fury? (blog - Leo Kolivakis)

July 9, 2018

• California's Local Governments Are Being Coy About Taxes and Pension Costs (column - Dan Walters / CALMatters)
• Marin County Pay Pact Raises Questions About Costs (editorial - Marin Independent Journal)
• Herald, California's Fire Department Borrows $460,000 to End CalPERS Contract (John Bays / Lodi News-Sentine)
• The Pension Plight of Bend, Oregon's Schools (editorial - Bend Bulletin)
• Pension Woes Are Hitting Home in Illinois (editorial - News-Gazette)
• Janus v. AFSCME and the Truth About Illinois Pensions in One Graphic (Ted Dabrowski & John Klingner / Wirepoints)
• Cook County Property Tax Bills Set to Increase by 5 Percent (Joe Barnas / Illinois Policy)
• City of Harvey’s Pension Liabilities Raise Questions on Municipal and State Responsibility (Zachary Christensen / Reason)
• Updating the 80% Funding Hall of Shame (blog - Mary Pat Campbell / STUMP)
• How Illinois' State-Run Private Retirement Program Works -- And Is It a Good Idea? (Bob Susnjara / Daily Herald)
• The Appropriateness of Keeping Segal in the Multiemployer Actuarial Business (blog - John Bury / Burypensions)
• PENSION PULSE: The Jobs Conundrum Continues? (blog - Leo Kolivakis)

July 8, 2018

• WEEKEND SPOTLIGHT HEADLINES:
• Janus Decision Opens Political Space for Reforms in Public Finance That Will Have to Happen (Holman W. Jenkins, Jr. / Wall Street Journal)$$
• Paso Robles Council Considering New Sales Tax Hike Initiative (Cal Coast Times)

July 7, 2018

• WEEKEND SPOTLIGHT HEADLINES:
• Welcome to the Real World, AFSCME (editorial - Quad-City Times)
• Inglewood Police Chief Is the Highest Paid in Southern California, Topping LAPD Chief and LA County Sheriff (Jason Henry / Pasadena Star News)

July 6, 2018

• PensionTsunami Is Taking a Break
• Transparency a Must for LA's Underfunded Pension Plans (Jack Humphreville / CityWatch LA)
• GOLDEN OLDIE: How to Become a (Public Pension) Millionaire (Andrew G. Biggs / American Enterprise Institute)

July 5, 2018

• Will History Record Illinois as a Failure of Democracy? (Mark Glennon / Wirepoints)
• The Media’s Coverage of Retirement Saving Really Is Terrible (Andrew G. Biggs / Forbes)

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