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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 tenth year, PensionTsunami.com was founded by and is edited by Jack Dean. (Contact: JackDean(at)PensionTsunami.com or 916-644-0688 or @PensionTsunami)

Latest Newsclips     last updated December 12 7:51am PST

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

December 12, 2013

• Detroit Pension Ruling Holds Lesson for California (editorial - Press-Enterprise)
• Detroit Is Sending a Message to All Public Employee Union Leaders (op-ed - Dan Liljenquist / Deseret News)
• Liberal Lies About the Public Pension Crisis (blog - John Bury / Burypensions)
• Cutting Public Pensions: A Matter of Fairness (Dunstan Prial / Fox Business)
• Retirees Join Fight in Appeal of Detroit's Bankruptcy Eligibility (Robert Snell / Detroit News)
• Detroit Sinks as Auto Industry Soars (Jeff Green / Bloomberg QuickTake)
• Public Pension Cuts Seem Here to Stay (column - Steven Lang / BenefitsPro)
• Illinois and Detroit Hand Union Workers a Lifeline: Will Unions Accept the Gift? (column - Jeffrey Dorfman / Forbes)
• Detroit Bankruptcy Ruling Gives California's Public Employee Unions a Reason to Negotiate (Steven Greenhut / Human Events)
• Pensions for Non-Teachers: A Slightly Different Road to Ruin in New York City (blog - Larry Littlefield / Saying the Unsaid in New York)
• Boston Cop Pay Hikes Could Delay Pension Payoff of $1.5 Billion in Pension Debt (Richard Weir / Boston Herald)
• Illinois Pension Reform Is No Permanent Fix (Bob Adelmann / New American)
• Pension Reform Up to Illinois Supreme Court (blog - Greg Hinz / Crain's Chicago Business)
• How the Illinois Pension Lawsuits Could Play Out (with audio - Jeff Bossert / WUIS Radio)
• Illinois Pension Reform Rises or Falls on 46 Words in the State Constitution (column - Patrick E. Gauen / St. Louis Post-Dispatch)
• Illinois Has 43% of the Country’s Public Pension Plans (Brian Costin / Illinois Policy Institute)
• S&P Improves Illinois Rating After Pension Vote (John O'Connor / Businessweek)
• Federal Budget Deal Stirs Fight Over Pension Costs (Hazel Bradford / Pensions & Investments)
• Budget Deal Hits Military Retirees With Pension Cuts; Federal Retirees Untouched (Elizabeth Harrington / Washington Free Beacon)
• PENSION PULSE: So You Wanna Start a Hedge Fund? (blog - Leo Kolivakis)
• SEARCHABLE DATABASE: The CalSTRS $100,000 Pension Club
• SEARCHABLE DATABASE: The CalPERS $100,000 Pension Club
• CalPERS $100,000 Pension Club Saw Explosive Growth in 2012; Total Members Now Approaching 15,000 (Teri Sforza / Orange County Register)
• THE FUTURE: New York City Now Has More Retired Cops Collecting Pensions Than Active Cops on the Streets (op-ed - Nicole Gelinas / New York Post)
• RECEIVE EMAIL UPDATES: Enter Your Address on This Page, Top Right

December 11, 2013

• Detroit Pension Ruling Should Be a Warning to California's Public Employee Unions (editorial - Contra Costa Times)
• California's Looming Crisis of Costly Retiree Health Care Benefits (editorial - Orange County Register) $$
• If CalPERS Wins Its Fight, San Bernardino Taxpayers Will Start Voting With Their Feet (commentary - Steve Williams / Victorville Daily Press)
• Stockton, California: What Doing Nothing About Pensions Will Cost (Steve Malanga / Public Sector Inc.)
• San Bernardino, Creditors Cite Progress on Bankruptcy Issues (Ryan Hagen / San Bernardino Sun)
• Detroit Bankruptcy Ruling Could Impact San Bernardino Mediation (Keeley Webster / The Bond Buyer)
• Pension Deals Put Sonoma County on Track to Trim $160 Million (Brett Wilkison / Press Democrat)
• Retirees in Four California Counties Unlikely to See Impacts in Pension Litigation (Lisa Vorderbrueggen / Contra Costa Times)
• Detroit Bankruptcy Reverberates Through California’s At-Risk Cities (Ken Broder / AllGov)
• Detroit’s Bankruptcy Ruling Doesn’t Spare Public Employee Pensions (Scott Shackford / Reason)
• Don't Count on Team Snyder to Aid in Detroit Pension Rescue (column - Daniel Howes / Detroit News)
• Expert Says Pension Cuts Would Be Alarming and Not the Right Path for Detroit (column - Susan Tompor / Detroit Free Press)
• EDITORIAL CARTOONS: A Cartoon History of the Detroit Bankruptcy (Mike Thompson / Detroit Free Press)
• Detroit Bankruptcy Doesn't Change Obligations(op-ed - James P. Hoffa / Detroit News)
• Detroit Emergency Manager Orr Disputes Report That He Thinks Higher-Paid Pensioners Should Take Larger Cut (Tony Briscoe / Detroit News)
• Imperiled Illinois Public Pensions Get Sweeping Reforms (Ben Baris & Imogen Rose-Smith / Institutional Investor)
• Pension Crisis Endangers Chicago's Future (Sara Burnett / Associated Press)
• Experts Say Chicago Has a Public Pension System Set Up to Fail (Alex Keefe / WBEZ Radio)
• Federal Judge’s Ruling on Detroit Pension Vulnerability Downplayed in New York (Jill Terreri and Tom Precious / Buffalo News)
• Bogalusa, Louisiana Tackling $9.4 Million Pension Fund Deficit (Marcelle Hanemann / Daily News)
• Double Dipping by Teachers Is on the Rise in New Mexico (Dan Boyd / Albuquerque Journal)
• Florida's Lawmakers Should Help With Local Pension Reform (op-ed - Dominic M. Calabro / Palm Beach Post)
• Jacksonville Pension Crisis Makes a Bad Top 10 List (editorial - Florida Times-Union)
• New Jersey Transit Cop Shoots for Big Disability Pension — and Scores (Mark Lagerkvist / New Jersey Watchdog)
• Cumberland, Rhode Island's Contract Agreement With Police Will Reduce Its Unfunded Pension Liability (W. Zachary Malinowski / Providence Journal)
• Federal Budget Agreement to Increase Pension Contributions for New Employees (Ralph Smith / FedSmith)
• PENSION PULSE: Revisiting New Brunswick's Pension Reforms? (blog - Leo Kolivakis)

December 10, 2013

• Detroit Bankruptcy Court's Ruling Should Wake Up California Unions (editorial - Mercury News)
• Leave California's Public Employee Pensions to Collective Bargaining? No (editorial - Victorville Daily Press)
• How Significant Will Detroit Bankruptcy Ruling Be for Public Pension Policy in Illinois and California? (Steve Eide / Public Sector Inc.)
• The Great Wealth Switch: How the Public Sector Became Wealthy (blog - Alan Joel / Tax Politix)
• All Parties Involved Are Needed to Fix California's Pension Mess (op-ed - Bruce Maiman / Sacramento Bee)
• Detroit's Warning for California's Labor Unions: Stop Digging Pension Holes (editorial - Monterey County Herald)
• Bankruptcy Judge's Decision to Let Detroit Adjust Pension Payments Will Have Ramifications for Struggling Cities in California, Says S&P (4-Trader)
• Increases in Pension Costs Add to Budget Crisis in Upland, California (Sandra Emerson / Inland Valley Daily Bulletin)
• San Joaquin County's Pension Costs Will Rise Over the Next Three Years (Zachary K. Johnson / Stockton Record)
• 28 Santa Monica Cops Took Home More Than $200,000 (David Mark Simpson / Santa Monica Daily Press)
• Santa Monica Police a Case Study in Excessive Pay Driven From Top Down (Chris Reed / CalWatchdog)
• Illinois Republicans Defend Public Workers in Pension Battles (Tim Jones and John McCormick / Bloomberg)
• Public Pension Plans Put Under the Knife (audio - On Point / NPR)
• The Stakes Are Now Even Higher for Retired Detroit Public Employees (Ed White / San Francisco Chronicle)
• Detroit's Emergency Manager Threatens Pension Fund Takeover: Blame the Unions (blog - Mike Shedlock / Mish's Trends)
• Pennsylvania's Growing Public Pension Crisis (editorial - Lancaster New Era)
• New York State Teacher Union’s $305 Million Pension Problem (RiShawn Biddle / Dropout Nation)
• Warning to Rhode Island's Cities and Towns From Detroit (editorial - Providence Journal)
• Lawyers Brief Judge for 12th Time on Rhode Island Pension Lawsuit Talks (blog - Ted Nesi / WPRI-TV)
• Actuaries and the Public Pension Crisis (blog - John Bury / Burypensions)
• Efforts Targeting Double Dipping in Texas Could Get Boost (Jay Root / Texas Tribune)
• Oklahoma's State Workers Have Low Pay But Good Benefits, Says State-Funded Study (Muskogee Phoenix)
• Plans to Work Longer Often Fall Short, Survey Finds (PlanSponsor)
• PENSION PULSE: Warren Buffett's Pension Wisdom? (blog - Leo Kolivakis)

December 9, 2013

• Cuts to Public Employee Pensions Must Be on the Table (op-ed - Andrew G. Biggs / New York Times)
• Detroit Ruling Reverberates: Once 'Bullet Proof' Public Pension Benefit Is Now at Risk of Being Cut (Kevin Olsen / Pensions & Investments)
• Pension Reformer John Arnold Is a Texas Billionaire Who Worked for Enron, But He Doesn’t Seem to Have Horns (Dan Morain / Sacramento Bee)
• Ruling in Detroit Could Affect San Bernardino Bankruptcy Case (Ryan Hagen / San Bernardino Sun)
• San Bernardino Police Get Second $1 Million Pay Raise (blog - Ed Mendel / Calpensions)
• WEBINAR VIDEO: 'The Crisis in Public Employee Pensions' (Joshua Rauh / Stanford Graduate School of Business)
• Desert Hot Springs Made Desperate by Absurd Compensation ( Steven Greenhut / Public Sector Inc.)
• CalPERS Is Worried (blog - John Seiler / CalWatchdog)
• End Exorbitant Public Pensions in Riverside County (letter - Press-Enterprise)
• Pension Penalty for Crooks in California (Jeff McDonald / U-T San Diego)
• BART Directors Dishonest About Raise in New Labor Contract (column - Daniel Borenstein / Contra Costa Times)
• Los Angeles' Mayor Garcetti: How Long Will the Honeymoon Last? (Jack Humphreville / CityWatch LA)
• Detroit Bankruptcy Ruling Puts Public Employee Pensions on the Table in California (column - Dan Walters / Herald News)
• Detroit Bankruptcy Raises Questions in California (with audio - Katie Orr / Capital Public Radio)
• Detroit’s Public Pensions: Broken Promises When the Bills Come Due (op-ed - Scott Martelle / Sacramento Bee)
• Illinois and Detroit Hand Union Workers a Lifeline: Will Unions Accept the Gift? (op-ed - Jeffrey Dorfman / Forbes)
• In Shepherding Detroit Bankruptcy, Lawyer Tackles a Job He Didn’t Ask For (Monica Davey and Bill Vlasic / New York Times)
• How to Solve Detroit’s Pension Problem in One Easy Step (blog - Alan Joel / Brass Tax of Politics)
• There's Hope for Solving Jacksonville's Pension Mess (blog - Ron Littlepage / Florida Sun-Times)
• Assembling Comprehensive Pension Reform for Jacksonville (Florida Times-Union)
• Jacksonville Task Force Rejects Idea of Issuing Up to $1 Billion in Pension Obligation Bonds (David Bauerlein / Florida Sun-Times)
• EDITORIAL CARTOON: For Whom the Bell Tolls (Roger Schillerstrom / Crain's Chicago Business)
• Illinois Delays the Day of Reckoning (Ted Dabrowski / Illinois Policy Institute)
• Next for Pension Reform in Illinois: Chicago (editorial - Chicago Tribune)
• Teacher Pensions: The Road to Ruin in New Jersey and New York City (blog - Lawrence Litttlefield / Saying the Unsaid in New York)
• State Pension Plans Increase Employee Contributions (Kevin McGuinness / PlanSponsor)
• Congressional Budget Negotiators Looking at Military Pensions (David Rogers / Politico)
• PENSION PULSE: The Public Pension Problem? (blog - Leo Kolivakis)

December 8, 2013

• FOR WEEKEND VISITORS: Detroit Ruling Opens Door to Pension Cuts Across the Nation (Alana Semuels / Los Angeles Times)
• Ilinois: Pension Reform That Is Sham Reform (column - Jeff Carter / Points and Figures)
• Illinois Pension Reform No Better Than Baby Aspirin (video - John Kass and Jennifer Weigel / Chicago Tribune)
• The IRS Throws a Wrench Into Public Pension Reform (op-ed - Steve Malanga / Wall Street Journal) $$

December 7, 2013

• Detroit Pension Ruling Sends Labor a Message (editorial - San Francisco Chronicle)
• Detroit Bankruptcy Ruling Gives Public Employee Unions a Reason to Negotiate (column - Steven Greenhut / U-T San Diego)
• A Look at California's Defined-Benefit Pension Mirage (op-ed - Keith Naughton / San Francisco Chronicle)
• Detroit's Bankruptcy and the Impact on Pension Reform (column - William McGurn / New York Post)
• Where Detroit Has Gone, Will Others Follow? (editorial - The Economist)
• Can Detroit Happen Here in California? Of Course It Can (Jack Ohman / Sacramento Bee)
• Detroit’s Official Valuation Reports Are 'No Proof' (blog - John Bury / Burypensions)
• What New Pension Rulings Mean for California (chat Transcript - Dale Kasler and Jon Ortiz / Sacramento Bee)
• Detroit Does to Public Employee Pensions What San Diego Officials Said Couldn’t Be Done (Liam Dillon / Voice of San Diego)

December 6, 2013

• Detroit Bankruptcy Case Changes the Public Pension Debate in California (editorial - Press Democrat)
• Desperate Hot Springs: Another California City Teeters on the Edge of Bankruptcy (Steven Greenhut / City Journal)
• Stockton, California's Return to Solvency, With Pension Problem Unsolved (Rick Lyman and Mary Williams Walsh / New York Times)
• LIVE CHAT TODAY: What New Pension Rulings Mean for California -- 11:30am PT (Dale Kasler and Jon Ortiz / Sacramento Bee)
• Liberal Mayor of San Jose, California Confronts Public Pension Reality (video - Fox News)
• California Legislative Analyst’s Own Report on CalSTRS Demolishes Financial Happy Talk (blog - Chris Reed / CalWatchdog)
• Los Angeles' Mayor Garcetti: How Long Will the Honeymoon Last? (Jack Humphreville / CityWatch LA)
• EDITORIAL CARTOON: The Grinch Eyes California Public Employees' Pensions (Meyer / San Bernardino Sun)
• After Detroit, Who Will Cut City Pensions Next? (Eric Pianin / The Fiscal Times)
• Pension Threats in Illinois, Detroit Rattle Government Workers (Mark Niquette & William Selway / Bloomberg)
• Detroit: Pension Financing Is Even More Complicated Than I Thought (Andrew Biggs / Public Sector Inc.)
• READ OR DOWNLOAD the Detroit Bankruptcy Judges ruling (pdf - 150 Pages / City of Detroit)
• Do Other Big City Balance Sheets Resemble Detroit's? (Steve Malanga / Public Sector Inc.)
• Illinois Slouches Toward Bankruptcy (video - Wall Street Journal)
• As Goes Illinois, So Goes New York? (E.J. McMahon / Public Sector Inc.)
• Wall Street Isn’t the Problem With Public Employee Pensions, Benefits Are (op-ed - Nicole Gelinas / Wall Street Journal)
• Two Choices to Deal With Public Pension 'Collective Theft' (blog - Mike Shedlock / Mish's Trends)
• PENSION PULSE: Did Illinois Slay Its Pension Dragon? (blog - Leo Kolivakis)

December 5, 2013

• FREE WEBINAR TODAY ON THE PUBLIC PENSION CRISIS @ 1:00 PM PT
• Government Pensions Are No Longer Sacred (editorial - U-T San Diego)
• The Pension Issue Is Everywhere (Joel Fox / Fox & Hounds)
• Detroit Judge’s Ruling Could Help Stockton, California Cut Pensions in Bankruptcy (with video - Steve Large / CBS Sacramento)
• Detroit Bankruptcy Ruling on Pensions Could Reverberate in San Bernardino and Other California Cities (editorial - San Bernardino Sun)
• Detroit Bankruptcy Case Has Major Implications for California (with audio - Phil Matier / CBS San Francisco)
• Detroit Bankruptcy Ruling Could Impact California; Pensions Are No Longer Untouchable (Chris Roberts / NBC Bay Area)
• US Judge's Ruling in Detroit Bankruptcy Could Be Felt in California (with audio - Ben Bergman / KPPC Radio)
• Detroit Chapter 9 Bankruptcy Sends Warning to Other Cities, Bondholders (Nathan Bomey / Detroit Free Press)
• In Detroit Ruling, Threats to Pension Promises and Assumptions (Mary Williams Walsh / New York Times)
• Detroit Wins: Discussion of the Judge’s Decision to Let the Motor City Proceed With Bankruptcy. (video - James Freeman / Wall Street Journal)
• Detroit Bankruptcy Judge Rules That Public Pension Haircuts Are OK; Unions Whine (blog - Mike Shedlock / Mish's Trends)
• How Much Will Detroit's Pensions Be Cut? (blog - John Bury / Burypensions)
• EDITORIAL CARTOON: Detroit's Bankruptcy Baggage (Lisa Benson)
• In Detroit Bankruptcy Ruling's Aftermath: A Timely Free Webinar This Afternoon on Public Pensions (E.J. McMahon / Public Sector Inc.)
• 'The Best Interests of Creditors': Q&A With David Skeel on What’s Next for Detroit (Steve Eide / Public Sector Inc.)
• In Detroit Bankruptcy May Be the Hidden Elixir of Pension Reform (op-ed - Nick Dranias / Daily Caller)
• Detroit's Painful Pension Lesson: Defined-Benefit Plans Are Subject to Economic and Political Risk (editorial - Wall Street Journal) $$
• Detroit Is the Wake-Up Call for American Cities (John W. Schoen / CNBC)
• Why Detroit Needs Bankruptcy (Stephen Eide / Politico)
• Who Really Betrayed Detroit: The Pension-System Trustees and the Municipal Unions (Steven Malanga / City Journal)
• Detroit Bankruptcy Risks Pensions as Cuts Ruled Possible (William Selway and Steven Church / Businessweek)
• Detroit Goes Down (column - Megan McArdle / Bloomberg)
• Fitch Comments on Detroit Bankruptcy Ruling (Enquirer Herald)
• Nevada Taxpayers Are on the Hook for Unfunded Pension Liability of $40 Billion (Victor Joecks / Nevada Policy Research Institute)
• Deal Won’t Fix Illinois' Pension Crisis (op-ed - Eden Martin / Chicago Sun-Times)
• Illinois Pension Reform Fight Shifting to Courtroom (Monique Garcia / Chicago Tribune)
• Chicago Pursues Deal to Change Pension Funding (Rick Lyman / New York Times)
• Poland Doesn’t Need to Fix Unbroken Pension System (Anders Aslund / Bloomberg)
• PENSION PULSE: Wall Street's License to Steal? (blog - Leo Kolivakis)

December 4, 2013

• Detroit Bankruptcy Ruling Puts Public Employee Pensions on the Table in California (Dan Walters / Sacramento Bee)
• Pension Ruling in Detroit Echoes West to California (Mary Williams Walsh / New York Times)
• California Public Employee Unions Brace for Showdown Over Pension Reform (Jim Christie / Reuters)
• Desert Hot Springs, California Fights Bankruptcy; Average City Employee Makes $144,329 Per Year (Ed Ring / UnionWatch)
• As Cost of Healthcare for Retired Public Employees Soars, Policymakers Should Explore the Affordable Care Act Exchanges (editorial - Sacramento Bee)
• Pension Battle Shifts to San Jose, San Bernardino, Stockton; Rights of Dinosaurs vs. 'Right Thing' (blog - Mike Shedlock / Mish's Trends)
• CalPERS Must Be Shuddering at Detroit Bankruptcy Judge’s Words (Steven Greenhut / Public Sector Inc.)
• CalPERS Issues Statement on Detroit Bankruptcy Ruling (Sierra Sun Times)
• Detroit Bankruptcy Ruling Has Implications for San Bernardino (opinion - Mike Brossart / San Bernardino Sun)
• Detroit Ruling on Bankruptcy Lifts Pension Protections (Monica Davey, Bill Vlasic and Mary Williams Walsh / New York Times)
• In Largest-Ever US City Bankruptcy, Cuts Coming for Detroit Creditors and Retired City Employees (Joseph Lichterman and Bernie Woodall / Reuters)
• Detroit's Bankruptcy Breakthrough: A Judge Rules That Public Pensions Aren't Safe From Chapter 9 (editorial - Wall Street Journal) $$
• 4 Main Rulings on Eligibility Criteria for Detroit Bankruptcy Case (Detroit Free Press)
• Bankruptcy in Detroit That Allows Pension Cuts May Have Wider Implications for Other Distressed Cities (Crain's Chicago Business)
• Detroit Retirees Put on Notice in Bankruptcy Ruling (Steven Church & Steven Raphael / Bloomberg)
• Detroit Pensions: Unsafe at Any Speed? (Megan McArdle / Bloomberg)
• Bankruptcy Eligibility Ruling a Victory for Detroiters (editorial - Detroit Free Press)
• Detroit Pension Cuts 'Inhumane,' 'Morally Corrupt,' 'Nuts' Says AFSCME President (Dave Jamieson / Huffington Post)
• Half a Billion in Fees: How Two US Public Pension Systems Spent It (Leanna Orr & Sage Um / aiCIO)
• Illinois Legislature Approves Retiree Benefit Cuts in Troubled Pension System (Rick Lyman / New York Times)
• Illinois Pension Reform Plan Just Not Good Enough (State Budget Solutions / Sacramento Bee)
• What Could Be Next for Illinois Pension Reform Plan? (with video - Kelsie Passolt / WREX-TV)
• Advisers Suggest 401(k) as Pension Option for Jacksonville Workers (David Bauerlein / Florida Times-Union)
• North Providence, Rhode Island's Horrific Firefighter Hire (editorial - Providence Journal)
• Public Pensions: Investment Risk and Contribution Risk (Andrew Biggs / Public Sector Inc.)
• Killing the 'We Paid Our Taxes; We Earned Our Benefits' Social Security Ponzi Meme (blog - Gary Galles / Zero Hedge)
• PENSION PULSE: Canada's Global Buyout Kings? (blog - Leo Kolivakis)

December 3, 2013

• BREAKING: Bankrupt Detroit Can Cut Pensions; Big Implications for California (Dale Kasler / Sacramento Bee)
• BREAKING: Judge Rules Detroit Eligible for Bankruptcy, Says Pensions Can Be Cut (Nathan Bomey, Brent Snavely & Alisa Priddle / Detroit Free Press)
• BREAKING: Detroit Bankruptcy Judge's Opinion on Pensions Will Have National Repercussions (Daniel Howes / Detroit News)
• BREAKING: Detroit Is Ruled Eligible for Bankruptcy (Bill Vlasic and Monica Davey / New York Times)
• BREAKING: A Shocking Thing Just Happened in the Detroit Bankruptcy Process (Kevin Roose / New York Magazine)
• Another Smokescreen From the CEO of CalSTRS (David Crane / Fox & Hounds)
• Public Employee Unions Quash Any Discussions of California's Growing Liabilities (Steven Greenhut / Public Sector Inc.)
• Los Angeles Pension Reform: What Will Eric Do? (Jack Humphreville / CityWatch LA)
• California's Local Governments Need the Authority to Adjust Pension Benefits for Existing Workers (editorial - Press-Enterprise)
• LIVE COVERAGE of the Detroit Bankruptcy Decision -- Starts at 9:45am EST (Dennis Kraniak and Ken Martinek / Fox 2 News)
• Detroit Bankruptcy Could Become Free-For-All (with audio - David Gura / Marketplace Morning Report)
• Detroit Bankruptcy Raises Pension Concerns (op-ed - Mark D. Kinney / Springfield Republican)
• 'Historic' Illinois Pension Vote Could Come Today (text with audio - Amanda Vinicky / Illinois Public Radio)
• Proposed Pension 'Deal' Won’t Solve Illinois’ Crisis (Illinois Policy Institute)
• Illinois's Fake Pension Fix (editorial - Wall Street Journal) $$
• Illinois: Stop Digging (commentary - Paul Jacob / Common Sense)
• Financial Industry Critic Asks SEC to Investigate Rhode Island Pension Fund’s Hedge Fund Investments (Randal Edgar / Providence Journal)
• Is Puerto Rico America’s Greece? (Daniel DiSalvo / Public Sector Inc.)
• PENSION PULSE: Is Canada on the Right Path? (blog - Leo Kolivakis)

December 2, 2013

• California's Public Employee Unions Are at War With Basic Math (editorial - U-T San Diego)
• California Retirees' Healthcare Costs: Bigger Budget Bite Than Pensions? (blog - Ed Mendel / Calpensions)
• California Needs Freer Markets, Fewer Contraptions -- and Pension Reform (column - Steven Greenhut / U-T San Diego)
• California's Public Pensions Need Real Reform, Not Rhetoric (commentary - Chuck Reed / PublicCEO)
• READ THE LETTER From 25 Local California Officials Opposing Chuck Reed’s Proposed Public Pension Reform Initiative (blog - Jon Ortiz / Sacramento Bee)
• Timeline of Public Employee Unions' Lawsuit Challenging New California Pension Rules (Lisa Vorderbrueggen / Contra Costa Times)
• Tuesday's Detroit Bankruptcy Ruling Poses Risks, Challenges (Robert Snell / Detroit News)
• Detroit Retirees Strike Pay Dirt With City-Guaranteed Savings Plan (Chris Christoff / Bloomberg)
• Grand Traverse County, Michigan Taps Reserves to Balance Budget, Deal With $46 Million Unfunded Pension Liability (Detroit Free Press)
• The Illinois Pension Reckoning (editorial - Chicago Tribune)
• Actions of One Rhode Island Firefighter Injures Reputation of All (column - Mark Patinkin / Providence Journal)
• New Jersey Court Orders State to Reveal Pension Probe Secrets (Mark Lagerkvist / New Jersey Watchdog)
• PENSION PULSE: Crown Corporation Pensions in Trouble? (blog - Leo Kolivakis)

December 1, 2013

• FOR HOLIDAY WEEKEND VISITORS: Coming to Grips With Marin County's Public Pension Risk (op-ed - William E. Monnet / Marin Independent Journal)
• The Illinois Pension Reform Scheme (blog - John Bury / Burypensions)
• Detroit Retirees Facing Cuts Anxiously Await Bankruptcy Eligibility Decision (column - Susan Tompor / Detroit Free Press)
• New Jersey Justice Takes Pension Hit After Governor Removes Her From Top Court (Salvador Rizzo / Star-Ledger)

November 30, 2013

• FOR HOLIDAY WEEKEND VISITORS: San Jose Mayor Chuck Reed: A Liberal Mugged by Public Pension Reality (column - Allysia Finley / Wall Street Journal) $$
• New Pension Reform Rules Go Before Contra Costa County Judge (Lisa Vorderbrueggen / Contra Costa Times)
• PensionTsunami Publisher Jack Dean Named 'Taxfighter of the Year' by California Taxpayer Group (Howard Jarvis Taxpayers Association)
• Interview With Jack Dean, Publisher of PensionTsunami.com (audio - Ron York / Police Pay Network)

November 29, 2013

• FOR HOLIDAY VISITORS: Battle Over California Pensions Goes Local (column - Jon Ortiz / Sacramento Bee)
• San Jose Pension Crush Spurs Bid to Ease California Pacts (Alison Vekshin / Bloomberg)
• Interview With California Pension Reformer Marcia Fritz (audio - Ron DeLord / Police Pay Network)
• The Illinois Pension Reform Plan: Government as Malpracticed (blog - John Bury / Burypensions)
• Guaranteeing Financial Ruin in Illinois (op-ed - Kenneth Griffin / Chicago Tribune)
• New Report: Cost-Of-Living Adjustments Are Supersizing Illinois Pensions (Ted Dabrowski and John Klingner / Illinois Policy Institute)
• Pandemic of Public Pension Woes Is Plaguing the Nation's Cities (John W. Schoen / CNBC)

November 28, 2013

• FOR HOLIDAY VISITORS: Deal Finally Reached to Revamp Illinois' Pensions (Greg Hinz / Crain's Chicago Business)
• The Time Has Come for Illinois' Public Pensions to Give Way to 401(k)s (op-ed - Scott Reeder / Northwest Herald)
• Valley PBS TV Show to Examine California's Public Pension Debate Tomorrow (blog - Jon Ortiz / Sacramento Bee)
• California's Budget Surplus: Please Let There Be Leftovers (editorial cartoon - Lisa Benson / Washington Post Writers Group)
• HOLIDAY BONUS: The Real Story of the First Thanksgiving (commentary - Richard J. Maybury / Mises Institute)

November 27, 2013

• Another California City Flirts With Bankruptcy Because of Rising Pension Commitments (commentary - Steve Williams / Victorville Daily Press)
• San Jose Mayor Chuck Reed's State Pension Measure Opposed by Other Local Mayors (Mike Rosenberg / Mercury News)
• Dem Mayors Tell San Jose Mayor Reed to Drop California Pension Reform Initiative (Katy Grimes / CalWatchdog)
• Publisher of PensionTsunami.com Named 'Taxfighter of the Year' by California Taxpayer Group (press release - Howard Jarvis Taxpayers Association)
• How Unions and Bankers Work Together to Protect Unsustainable Defined Benefit Pension Funds (Ed Ring / UnionWatch)
• California Teachers’ Pension Fund Sinks Further Into Debt (Kevin Martinez / World Socialist Web Site)
• Optimistic California Surplus Forecasts Ignore Existing Challenges (op-ed - Autumn Carter and Adam Tatum / Sacramento Bee)
• 'Good Government': Words to Live by for Candidates, Voters (editorial - San Bernardino Sun)
• San Diego Settles Lawsuit on Pension Obligations (Craig Gustafson / U-T San Diego)
• San Diego City Attorney’s Pension Lawsuit: What Prompted Council to Settle? (editorial - U-T San Diego)
• Riverside County Ex-Hospital CEO’s Payout Is More Than $900,000 (Jeff Horseman / Press-Enterprise)
• Banks Object to Detroit's Proposed $350 Million Bankruptcy Loan (Robert Snell / Detroit News)
• Rally Around Emergency Manager Kevyn Orr to Hold Off Detroit's Financial Buzzards (commentary - Stephen Henderson / Detroit Free Press)
• Chicago Mayor Lays Out Budget With Pension 'Fiscal Cliff' Looming (Yvette Shields / The Bond Buyer)
• Air the Illinois Pension Reform Bill: Cut the Deal. Let the Public See It. Then Vote. (editorial - Chicago Tribune)
• West Warwick, Rhode Island Provides Data on Returns and Fees for Pension Investments (blog - Ted Nesi / WPRI-TV)
• North Providence Mayor Upset Over Hiring of 52-Year-Old to Fire Department; Hired 9 Years Ago, Firefighter Now on Disability (Tim White / WPRI-TV)
• Hiring of North Providence Firefighter at Age 52 Now Being Questioned (Mark Reynolds / Providence Journal)
• PENSION PULSE: OECD's Pensions at a Glance (blog - Leo Kolivakis)

November 26, 2013

• San Bernardino to Dispute Pension Debt With CalPERS (Tim Reid / Reuters)
• California Lawmakers Must Not Squander Surplus (editorial - Contra Costa Times)
• Possible 2016 Recession Would Devour California Legislative Analyst's Predicted Budget Surplus (Wayne Lusvardi / CalWatchdog)
• A Tale of Three Bankrupt California Cities (Steven Lang / BenefitsPro)
• Reader on San Diego's 13th Pension Check: Hello, Detroit (letter - U-T San Diego)
• Santa Ana Mayor Off California Pension-Reform Initiative (Teri Sforza / Orange County Register) $$
• New York Edges Out California for Top State With Unfunded Retiree Costs, S&P Says (freeman Klopott / Bloomberg)
• Deciphering Public Pension Fund Investment Fee Reports (David Crane / Fox & Hounds)
• Bailouts for Cities? Advocates for Cash-Strapped Municipalities Want Washington to Clean Up Their Mess (Steven Malanga / City Journal)
• Judge Rhodes to Issue Detroit Bankruptcy Ruling -- and Talk It Over -- Dec. 3 ( Nathan Bomey and Alisa Priddle / Detroit Free Press)
• Detroit Judge Plans to Issue Bankruptcy Ruling on Dec 3 (Steven Church / Bloomberg)
• D-Day for Detroit Pensions (blog - John Bury / Burypensions)
• Detroit: If Cities Can’t Be Free to Fail, They Shouldn’t Be Free in the First Place (Steve Eide / Public Sector Inc.)
• Study Finds Lack of Transparency, Chronic Underfunding Among Reasons for Sharply Deteriorating MBTA Retirement Plans’ Finances (Pioneer Institute)
• MBTA, Retirement Fund Officials Balk at Pioneer Institute's Critical Report (Michael Norton / Braintree Forum)
• READ THE REPORT: 'Have the MBTA’s Retirement Plans Gone Off the Rails?' (pdf - Iliya Atanasov / Pioneer Institute)
• Massachusetts Bay Transportation Authority in a Pension Pickle (editorial - Boston Herald)
• Illinois House to Take Up Pension Reform on Dec. 3 (Reuters)
• Loophole Could Be at the Heart of the Illinois Pension Crisis (with video - Jenna Morton / WQAD-TV)
• Lawyers Brief Judge for 11th Time on Rhode Island Pension Lawsuit Talks (blog - Ted Nesi / WPRI-TV)
• Speculation Mounts About Possible Settlement in Rhode Island Pension Lawsuit (Providence Journal)
• Local Pension Funds in Rhode Island Operate With Little Supervision (Steve Malanga / Public Sector Inc.)
• Iowa State Treasurer Proposes Pension Limit for State Workers; IPERS Chief Says Few Would Be Affected (O. Kay Henderson / Radio Iowa)
• Public Pension Progress Stymied by Push Back, Paltry Savings From Reform Measures (Chris Mier / Seeking Alpha)
• Teamsters Push Through Cuts in Pensions for Workers at New York Supermarket Chain (Jason Melanovski / World Socialist Web Site)
• PENSION PULSE: The Wall Street Code? (blog - Leo Kolivakis)

November 25, 2013

• California Budget News Dimmed by Debt Warnings; State Savors Surpluses But Ignores Unfunded Liabilities (Steven Greenhut / U-T San Diego)
• California Pension Reform Ballot Measure Attacked by Myths and Halftruths (op-ed - Daniel Borenstein / Los Angeles Daily News)
• Would Stockton's Bankruptcy Plan Avoid Vallejo-Like Deficit? (blog - Ed Mendel / Calpensions)
• Pension Problems Persist for California Cities (op-ed - Dan Walters / U-T San Diego)
• 10 Most Influential in the Battle to Decide the Future of Public Pensions (blog - John Bury / Burypensions)
• California LAO’s Cheerfully Nutty Budget Report: Pension Crisis? What Pension Crisis? (Chris Reed / CalWatchdog)
• Meltdown in the Desert: Fiscal Emergency Declared in Desert Hot Springs (editorial - Orange County Register) $$
• Gov. Brown, Legislators Should Not Let Surplus Burn Holes in Their Pockets (editorial - Sacramento Bee)
• Has California Finally Closed Its Structural Deficit? (column - Dan Walters / Sacramento Bee)
• Riverside Pay Hikes Should Sound an Alarm (editorial - Press-Enterprise)
• Pension and Healthcare Debt Climbs for California's Moraga-Orinda Fire District (Jennifer Modenessi / Contra Costa Times)
• California's Moraga Orinda Fire District on Unsustainable Fiscal Path (editorial - Contra Costa Times)
• San Diego Retirees Get '13th Check' Pension Bonus; After Skipping Last Year, They Get $5.5 Million (Lee Ann O'Neal / U-T San Diego)
• $15K in Monthly Pay on Top of a $16K Monthly Pension for Oceanside, California's Ex-Police Chief (Edward Sifuentes / U-T San Diego)
• The Health-Care Spoiler in California’s Rosy Budget (David Crane / Bloomberg)
• Pension Reform One of the Most Significant Financial Issues Facing California (letter - Marin Independent Journal)
• San Jose, Facing Police Exodus, Already Pays Top Dollar for Officers Even With Middling Salaries (Mike Rosenberg and Daniel J. Willis / Mercury News)
• State and Local Public Pension Plans: Is the Crisis Over -- or Has It Just Begun? (MuniNet Guide)
• Will Pension Reform Save or Destroy Higher Ed in Illinois? (op-ed - Jeffrey Brown and Avijit Ghosh / News-Gazette)
• Chapter 9 Ruling Due Any Day in Detroit (Chad Livengood / Detroit News)
• 10 Revealing Exchanges: How Judge Rhodes Is Conducting Detroit's Bankruptcy (Nathan Bomey, Brent Snavely and Alisa Priddle / Detroit Free Press)
• A State Bailout for Detroit? Been There, Done That (James Hohman / Public Sector Inc.)
• De Blasio and Triborough Amendment: The Impending Fiscal Crisis in New York City (blog - Alan Joel / AlanJoel NY)
• How Does Connecticut Get People to Care About Pension Reform? State Has One of Highest Unfunded Liabilities (Hugh McQuaid / CT News Junkie)
• Watching Rhode Island's Local Pension Funds (editorial - Providence Journal)
• Ex-Aide Predicts Iowa Governor Won’t Propose Pension Reform ’til 2015 (O. Kay Henderson / Radio Iowa)
• New York State Exposed: Lobbyists Receiving Taxpayer-Funded Pensions (with video - Brett Davidsen / WHEC-TV)
• Is Wall Street to Blame for the Public Pension Funding Crisis? (Cory Eucalitto / State Budget Solutions)
• More on the Deceit and Dishonesty About Social Security and Medicare (op-ed - Walter Williams / Sun Herald)
• More Pension Liability Offloading by Corporate Plans Expected (Pensions & Investments) $$
• PENSION PULSE: Bubble Anxiety On the Rise? (blog - Leo Kolivakis)

November 22, 2013

• California Legislative Analyst's Report Ignores State’s Vast Pension Liabilities (editorial - U-T San Diego)
• Costa Mesa's Pension Oversight Committee Meets With CalPERS Official (Bradley Zint / Daily Pilot)
• Orange County Pension Fund to Negotiate Lower Investment Fees (Mike Reicher / Orange County Register)
• CalPERS Says Loomis Fire Chief Was Double Dipping (Ed Fletcher / Sacramento Bee)
• Time for Criminal Charges Against Former Hercules City Manager (editorial - Contra Costa Times)
• Chicago's True Pension Debt Exceeds $87 Billion (Cory Eucalitto / State Budget Solutions)
• Emotional Pension Reform Forum Held at Northern Illinois University (Jason Akst / Daily Chronicle)
• Illinois Lawmakers Closing in on Pension Reform Plan; Public Employee Unions Opposed (WSIU Radio)
• Ex-Detroit Official Defends 2005 Pension Deal Blamed in City's Downfall (John Gallagher / Detroit Free Press)
• Daniel Howes Could Wayne County, Michigan Be Headed to State Intervention? ( Daniel Howes / Detroit News)
• Rhode Island Senator Resigns Union Posts, After Urging Investigation of State Treasurer (Katherine Gregg / Providence Journal)
• Judge OK's Jefferson County, Alabama's Plan to Emerge From Chapter 9 (Shelly Sigo / the Bond Buyer)
• Financial Analyst Meredith Whitney Says Municipal Pension Woes May Pit 'Neighbor Against Neighbor' (Dan Weil / Money News)
• Magazine Lists the Top 40 Most Influential People in the Battle to Decide the Future of US Pensions (Institutional Investor)
• US Public Pension Funding Remained Weak in 2012, Says New Study (Reuters)
• Bill to Require Annual Reports by Public Pension Funds Gaining Traction in Congress (Liz Farmer / Governing)
• PENSION PULSE: Battling New Brunswick's Pension Reforms? (blog - Leo Kolivakis)

November 21, 2013

• Desert Hot Springs, California Declares Fiscal Emergency to Avoid Bankruptcy (Rick Rojas / Los Angeles Times)
• University of California's Napolitano Must Reduce Sky-High Salaries and Pensions (editorial - Fresno Bee)
• Orange County Pension Fund Backs Off Hike in Public Agency Payments To Deal With $5.7 Billion Shortfall (Nick Gerda / Voice of OC)
• California's State Analyst Projects Years of Budget Surpluses (David Siders and Jim Miller / Sacramento Bee)
• California's Legislative Analyst Forecasts Surplus of $2.2 Billion by June (James Nash / Bloomberg)
• California's Legislative Analyst Sees Annual Surpluses of $10 Billion in Future (James Nash / Bloomberg)
• San Francisco to Pay $862,500 to 9 Police Officers Denied Access to DROP Pension Plan (Marisa Lagos / San Francisco Chronicle)
• Liberal Think Tank Report Says Detroit's Collapse Caused More by Declining Revenue Than Legacy Costs (Chad Livengood / Detroit News)
• The Truth About Detroit: Bankruptcy More Than a Revenue Problem (John Gallagher and Nathan Bomey / Detroit Free Press)
• Departing From General Practice in Detroit (blog - John Bury / Burypensions)
• Detroit Bankruptcy Judge's Ruling: 6 Different Ways It Could Go (Nathan Bomey and Brent Snavely / Detroit Free Press)
• Wayne County, Michigan Sinks Deeper Into Debt (Steve Pardo / Detroit News)
• West Hartford, Connecticut's Pension Plan Funding Level Dips to 41.5% (Julie Stagis / Hartford Courant)
• Firefighters Union in Coventry, Rhode Island Goes to Court (with video - Sam Wroblewski / WPRI-TV)
• Raises OK'd for Arizona Pension Fund Execs (Craig Harris / The Republic)
• Public Employee Group Formed to Fight Oklahoma Pension Reform (Sean Murphy / Journal Record) $$
• Road Debt, Pension Costs Drive Up Property Taxes in Prospect Heights, Illinois (Journal)
• Chicago Swamps Centenarian With $43,000 Water Bill (Tim Jones / Bloomberg)
• Jefferson County, Alabama Could Exit Bankruptcy This Week (Shelly Sigo / The Bond Buyer)
• Morningstar: Puerto Rico Pension Funded Ratio Only 8.4% (Lynn Hume / The Bond Buyer) $$
• PENSION PULSE: Overhauling the World's Biggest Pension Fund? (blog - Leo Kolivakis)

November 20, 2013

• San Bernardino Won’t Recover Without Pension Cuts (editorial - Riverside Press-Enterprise)
• CalPERS Wants a Taxpayer Rescue (editorial - Victor Valley Daily Press)
• San Bernardino Bankruptcy Still Threatens CalPERS (editorial - Orange County Register) $$
• JPMorgan Settlement Sends $300 Million to CalPERS, CalSTRS (Jeremy B. White / Sacramento Bee)
• Another California City Spending Its Way to Bankruptcy (blog - Doug Payton / Blogger News Network)
• Promises, Promises: Public Union Pensions NOT Sacrosanct (column - Mike Shedlock / Townhall)
• Public Pension Underfunding Crosses Party Lines (MuniLand blog - Cate Long / Reuters)
• A Municipal Bankruptcy May Create a Template (DealBook blog - Mary Williams Walsh / New York Times)
• All Sides Prepare for Appeals in Detroit Bankruptcy Case (Robert Snell and Chad Livengood / Detroit News)
• Detroit Pension Boards Prepare for Bankruptcy Ruling, Hire Appeals Attorneys (Matt Helms / Detroit Free Press)
• A December Vote on Illinois Pension Reform? (editorial - Chicago Tribune)
• Rahm, Do Something! (Steve Malanga / Public Sector Inc.)
• End Public-Employee Guaranteed Pensions (letter - Providence Journal)
• PBGC Takes Over Journal Register Pension Fund; Will Cover $86.2 Million Shortfall (Hazel Bradford / Pensions & Investments)
• New Brunswick Government Introduces Pension Reform Legislation (Canadian Press)
• PENSION PULSE: No Pension Plan, No Problem? (blog - Leo Kolivakis)

November 19, 2013

• University of California’s Unfunded Pension Liability Is a Hard Reality Sandwich (editorial - Sacramento Bee)
• Rein in Reckless Public Pensions: If Democrats Ignore This Crisis, They Will Face a Lot More New Jerseys and Wisconsins (editorial - USA Today)
• Orange County Pension Board Votes to Shorten Payoff Schedule for Its $5.7 Billion Unfunded Liability (Mike Reicher / Orange County Register) $$
• BART Directors Should Reject Costly Labor Deal (editorial - San Jose Mercury News)
• State of California Worsened Desert Hot Springs’ Financial Problems (Wayne Lusvardi / CalWatchdog)
• University of California's 12,000 Nurses Will Contribute More to Their Pensions (Daily Nexus)
• Undercover Video Shows Providence Firefighter on Tax-Free Disability Pension Lifting Weights (with video -Tim White / WPRI-TV)
• Majority of Retired Providence Firefighter Collect Tax-Free Disability Pensions; Mayor May Crack Down (Ted Nesi / WPRI-TV)
• Rhode Island Cities Are Spend $6.6 Million on Their Pension Fund Fees (with video - Ted Nesi and Tim White / WPRI-TV)
• INTERACTIVE: Rhode Island Cities' Pension Plan Performance, City by City (WPRI-TV)
• Chicago’s Mind-Blowing $33 Billion Debt and Pension Obligations (blog - Reid Wilson / Washington Post)
• New York Governor OKs a Local Bailout (E.J. McMahon / Public Sector Inc.)
• Can -- and Should -- Charitable Foundations Help Rescue Detroit Pensions? (John Gallagher and Mark Stryker / Detroit Free Press)
• Bankruptcy Judge Keeps Detroiters' Plight in Mind (Chad Livengood / Detroit News)
• Atlanta’s Fire and Police Unions Sue to Undo a Portion of Recent Pension Reforms (with audio - Michell Eloy / WABE Radio)
• Proposal Would Not Fix All of Pennsylvania's Pension Problems (op-ed - Stephen Herzenberg / Morning Call)
• Student-Loan Debt Passes $1 Trillion in US (with video - Rick Romero / KABC-TV)
• PENSION PULSE: Caisse Betting Big on Emerging Markets? (blog - Leo Kolivakis)

November 18, 2013

• Yes, California Cities Do Have a Serious Public Pension Problem (column - Dan Walters / Sacramento Bee)
• California Pension Reform Initiative Essential to Control Ballooning Costs (column - Daniel Borenstein / Contra Costa Times)
• California's Pensions Need Real Reform, Not Rhetoric (op-ed - Chuck Reed / Calbuzz)
• Vallejo Council Member Joins California Pension Reform Fight (Jessica A. York / Times-Herald)
• CalPERS Investment Change Unlikely to Raise Rates (blog - Ed Mendel / Calpensions)
• Judge Dismisses CalPERS Appeal of San Bernardino Bankruptcy (Ryan Hagen / San Bernardino Sun)
• CalPERS Loses Round in Bankruptcy Fight With San Bernardino (Dale Kasler / Sacramento Bee)
• California's Pension System Predicament (Sal Rodriguez and Adrian Moore / Reason Foundation)
• While Fees Climbed, Orange County Pension Fund's Earnings Lagged (Mike Reicher / Orange County Register) $$
• Jerry Brown’s Gains in California Imperiled by Lingering Fiscal Ills, Such as Unfunded Pension Liabilities (James Nash and Michael B. Marois / Bloombe
• Colorado Pension Fund Lowers Investment Expectation to 7.5% Return (Jennifer Brown / Denver Post)
• How Chicago's Debt Exploded (Chicago Tribune)
• Is Emanuel's Chicago on Path to Financial Collapse? (editorial - Investor's Business Daily)
• More Spending, More Trifles, No Illinois Pension Reform (editorial - Chicago Tribune)
• Why Pension Reform Finally May Happen in Illinois (Greg Hinz / Crain's Chicago Business)
• Way Out of Detroit's Bankruptcy Is Hardest Challenge (column - Daniel Howes / Detroit News)
• New Jersey Gov. Christie’s Crew Claims Records of Public Records Are Secret (Mark Lagerkvist / New Jersey Watchdog)
• Sixty-Six Retired Providence Police Officers and Firefighters Sue Over Reduced Benefits (W. Zachary Malinowski / Providence Journal)
• Surreal Union Costs Hurt Public Transit (op-ed - Charles Chieppo / Providence Journal)
• US Senators Propose to End Defined Benefit Pensions for New Federal Employees (Ian Smith / FedSmith)
• Some US Senators Seek to End Traditional Pensions for New Federal Employees (blog - Susan Mangiero / Pension Risk Matters)
• PBGC Deficit Rises to Nearly $36 Billion (Rob Kozlowski / Pensions & Investments)
• PBGC’s Deficit Increases to $36 Billion as Multiemployer Risks Grow (press release - Pension Benefit Guaranty Corporation)
• Medicare Meltdown Excerpts (blog - John Bury / Burypensions)
• PENSION PULSE: Top Funds Activity During Q3 2013 (blog - Leo Kolivakis)
• CONFERENCE VIDEO: 'Save Our Cities: Reforming Public Pensions to Protect Public Services' -- Keynote by San Jose Mayor Chuck Reed

November 15, 2013

• Bonkers Returns Reduce Los Angeles Pension Fund's Deficit -- to ONLY $5.4 Billion (Jack Humphreville / CityWatch LA)
• San Diego Mayoral Candidate Aguirre Has Maintained Focus on the City’s Large Pension Bill and Its Effect on Services (Kelly Chen / Voice of San Diego)
• Union Law Firm Put GPS Device on Costa Mesa Pension Reform Advocate's Car, Suit Says (Adolfo Flores and Paloma Esquivel / Los Angeles Times)
• Retired Union Workers Facing 'Unprecedented' Pension Cuts (Melanie Hicken / CNN Money)
• Judge to Rule in Detroit Bankruptcy Any Day; Experts Predict 'Free-Fall Crisis' if City Found Ineligible (Crain's Detroit Business)
• Detroit Agreement With EMTs, Paramedics Union Would Freeze Pension Plan, Switch to Defined Contribution (Dustin Walsh / Pensions & Investments)
• Detroit: Bankruptcy or Bust (editorial - The Economist)
• Detroit Bankruptcy: Is Good Faith Bargaining Good Policy? (Steve Eide / Public Sector Inc.)
• Civic Federation of Chicago Says City’s Pension Bill Is 'Unaffordable' (Mark W. Anderson / NBC Chicago)
• Illinois Legislature's Fantasy Camp (editorial - Belleville News-Democrat)
• Chicago Bond Yields Soar as City's Pension Costs Mount (Andrea Riquier / Investor's Business Daily)
• Can Democrats Fix Illinois' Pension Problem? (video - John Tillman / Wall Street Journal)
• Pennsylvania State Rep. Proposes Pension Reform; Would Put New Employees in Defined Contribution Plans (Brendan Wills / Main Line Media News)
• Scranton, Pennsylvania Unlikely to Make Required Payment to Its Pension Fund (Terrie Morgan-Besecker / Times-Tribune)
• Proposal for Scranton on Its Pension Fund: Offer the Union 35 Cents on the Dollar (blog - Mike Shedlock / Mish's Trends)
• Two Years After Pension Reform, Public Employee Unions in Atlanta, Georgia File Suit (Katie Leslie / Atlanta Journal-Constitution)
• A Third of US Public Pension Plans Pessimistic About Funding (Sage Um / aiCIO)
• Philadelphia Archdiocese Freezes Defined Benefit Pension Plan; Will Switch to Defined Contribution ( James Comtois / Pensions & Investments)
• Colombian Minister Proposes Integrated Pension System for Latin America (Business News Americas)
• PENSION PULSE: Media Covering Up Caisse's ABCP Scandal? (blog - Leo Kolivakis)
• INTERVIEW with PensionTsunami.com Publisher Jack Dean (audio - Doug Goldstein / Israel National Radio)

November 14, 2013

• San Jose Mayor Chuck Reed Tweaks California Pension Reform Ballot Proposal (column - Jon Ortiz / Sacramento Bee)
• CalSTRS Falls Farther Behind (Heartland Institute)
• Another California City Contemplates Bankruptcy: Will a Resort Town of Desert Hot Springs Be the Next Detroit? (Eliana Dockterman / Time)
• California Town of Desert Hot Springs Might Go Bankrupt – Again (Dan Berman / BenefitsPro)
• Desert Hot Springs, California Mulls Bankruptcy Due to Soaring Wages and Pensions; Just Desserts for CalPERS (Mike Shedlock / Mish's Trends)
• San Bernardino Bankruptcy Judge to Decide on CalPERS Appeal by Friday (Ryan Hagen / The Sun)
• Law Firm Representing Police Unions Used GPS to Follow a Costa Mesa Councilman Who Backed Pension Reform (Tony Saavedra / Orange County Register)
• S&P Ratings States Reject Support New Jersey to California Pension Funds (Matt Robinson / Bloomberg)
• Milliman Finds Biggest Public Pension Plans' Funded Status Dropped in 2012 Due to Increasing Liabilities (Kevin Olsen / Pensions & Investments)
• Top and Bottom in City Pension Health: Interview With Morningstar Municipal Credit Analyst Rachel Barkley (video - NASDAQ)
• Boeing’s Largest Union Rejects Eliminating Traditional Defined Benefit Pensions (Julie Johnsson & Peter Robison / Bloomberg)
• Detroit Union Seeks Automatic Appeal of Bankruptcy Ruling (Steven Church / Bloomberg)
• Detroit Bankruptcy: City, Creditors Spar Over Meaning of 'Good-Faith' Negotiations (Brent Snavely and Nathan Bomey / Detroit Free Press)
• Good-Faith Bargaining Not Easy to Define in Detroit Bankruptcy Case; Judge Has Little Precedent to Go On (Daniel Howes / Detroit News)
• Detroit Wants to Keep Bankruptcy Debt Deal Fees Secret (Nathan Bomey / Detroit Free Press)
• Illinois on Its Way to Becoming Detroit, and Our Pols Don't Give a Rap (column - Joe Cahill / Crain's Chicago Business)
• Asked About Tax Hike, Illinois Governor Quinn Talks Pension Reform (Ray Long / Chicago Tribune)
• Report: Too Much Government Costing Illinois Taxpayers Big Time (WTVO-TV)
• Change in Reporting of Pension Debt Has Oklahoma Cities, Schools Facing Possible Credit Downgrade (Randy Ellis / The Oklahoman)
• Actuaries Says Fiscal Health of Lexington, Kentucky's Police, Fire Pension System Has Slipped (Beth Musgrave / Herald-Leader)
• No Half Measures for Baltimore Pension Reform (editorial - Baltimore Sun)
• Rhode Island State Senator Asks SEC to Probe State's Pension Fund Investments, Expenses (Katherine Gregg / Providence Journal)
• Monroe County, New York Plan Would Defer $17 Million in Pension Payments (David Riley / Democrat & Chronicle)
• UK: Defined Benefit Plans and the Death of Pensions the World Envied (Richard Dyson / The Telegraph)
• Punishing the Young: German Pension Reforms a Gift for the Elderly (Markus Dettmer, Kristiana Ludwig, Michael Sauga and Cornelia Schmergal / Spiegel)
• Armenian Parliament to Hold Special Meeting on Controversial Pension Reform (Armenia Now)
• PENSION PULSE: Canada's Huge Pension Crisis? (blog - Leo Kolivakis)

November 13, 2013

• Another US City Mulls Bankruptcy Due to Soaring Wages and Pensions (Tim Reid / Reuters)
• California's Desert Hot Springs Holds Short of Bankruptcy (James Nash / Bloomberg)
• Congress to Weigh Letting Union Pension Plans Cut Benefits to Remain Solvent (Don McIntosh / Oregon Labor Press)
• CalSTRS Contributions Are Inadequate; Unions Call Reformers 'Right-Wing Ideologues' ( Ed Ring / Union Watch)
• READ THE STUDY: Are Annual Contributions Into CalSTRS Adequate? (California Public Policy Center)
• Morningstar Report Evaluates Fiscal Health of 25 City Pension Plans (press release - Morningstar)
• READ AN EXCERPT FROM THE REPORT: 'The State of City Pension Plans 2013: A Deep Dive Into Shortfalls and Surpluses' (pdf - Morningstar)
• Detroit's Decision: Pay Pensions or Banks? (Dominic Rushe / The Guardian)
• Detroit Council Slams Emegency Manager Orr's Diversion of $95 Million to Restructuring (Christine Ferretti / Detroit News)
• Detroit Diverts Millions in Debt Payments to Pay for Restructuring Consultants, Lawyers (Matt Helms / Detroit Free Press)
• Who Will Secure the Futures of Retirees? (op-ed - James P. Hoffa / Detroit News)
• New Song, Old Tune With Pension 'Reform' at Chicago Park District (op-ed - Eden Martin / Chicago Sun-Times)
• Lawyers Brief Judge for 10th Time on Rhode Island Pension Lawsuit Talks (blog - Ted Nesi / WPRI-TV)
• Cost grows for defending reform of Rhode Island pension system (Katherine Gregg / Providence Journal)
• Pittsburgh Mayor Proposes Early Retirement for 132 City Employees (Timothy McNulty / Pittsburgh Post-Gazette)
• Fitch Gives Junk Ratings to Jefferson County's $1.7 Billion Sewer Deal (Shelly Sigo / The Bond Buyer)
• GASB’s Five Things to Watch in Pension Standards Implementation (Ken Tysiac / Journal of Accountancy)
• US Unfunded Liabilities Really More Than $200 Trillion (John Seiler / CalWatchdog)
• PENSION PULSE: Hedge Funds Muscling Into Munis? (blog - Leo Kolivakis)

November 12, 2013

• No Ceasefire in CalPERS' War With Bankrupt San Bernardino (blog - Ed Mendel / Calpensions)
• Did Voters in Vallejo, California Jumpstart Work on a New Road to Bankruptcy? (Steve Malanga / Public Sector Inc.)
• CalPERS Again Seeks Appeal of San Bernardino's Ch. 9 Status (David McAfee / Law360) $$
• How Would BART’s Dishonesty and Profligacy Play in the Private Sector? (Chris Reed / CalWatchdog)
• Coming Pension Meltdown: The 10 Most Troubled City Systems (Jennifer G. Hickey / Newsmax)
• Politics Plays Big Role in Demands for Public Pension Reform (Hazel Bradford / Pensions & Investments) $$
• The Populist Democrat's Dilemma (Matthew Yglesias / Slate)
• 'Every Executive in New York Is Feeling the Squeeze of Albany’s Mandates and Pension Costs,' Say County Exec (blog - Joseph Spector / Journal News)
• Street Repair Cuts Eyed to Offset Pension Costs in Bloomington, Illinois (Rachel Wells / Pantagraph)
• Chicago Park District's Pension Bill Is Bad for Workers and Taxpayers (Ted Dabrowski / Illinois Policy Institute)
• How Can Chicago Avoid a Fate Similar to Detroit's? (with video - John Tillman / Fox Business)
• Rhode Island Treasurer Raimondo’s Pension Reform Moves Lauded in New Book (Katherine Gregg, Philip Marcelo and Alisha Pina / Providence Journal)
• Virginia's Leaders Must Commit an Extra $320 Million Over the Next Two Years to Unhealthy Pension Funds (editorial - Roanoke Times)
• How Pension and Health Care Debt Swallowed Michigan's Towns (Ted Roelofs / Bridge Magazine)
• Cities Should Learn Lesson From Detroit's Woes, Says Fiscal Health Expert (Darren A. Nichols / Detroit News)
• Retired Public Employee Debt Isn’t Just a Problem in Detroit (Jack Lessenberry / Michigan Radio)
• The Truth About Detroit: Fact-Checking What Los Angeles Times Got Wrong (Nancy Kaffer / Detroit Free Press)
• Bond Insurers Sue Detroit for 'Unlawfully Diverting' Taxes (Katy Stech / Daily Bankruptcy Review) $$
• Moody’s Warns of Bankruptcy for Scranton, Pennsylvania as City Faces $20 Million Budget Gap (Eric Boehm / Watchdog.org)
• Scranton, Pennsylvania Faces Bankruptcy; Unions Want to Raise Taxes (Mike Shedlock / Union Watch)
• Pittsburgh Mayor Wants to Give Some Public Employees Early Out With Full Pension (Tribune-Review)
• Pennsylvania Governor Says Transportation, Pension Reform Necessary for State (editorial - Reading Eagle)
• Increasing Jacksonville's Contribution for Pension Funds Would Cause Utility Rate Increases, Says JEA (David Bauerlein / Florida Times-Union) $$
• Pew Study Says Tampa, Florida Hit Bottom of Recession Harder Than Other Big Cities (Richard Danielson / Tampa Bay Times)
• Phoenix Mayor’s Pension Spiking Proposal Passed on Halloween; The Public Got Tricked, Unions Got Treated (op-ed - Sal DiCiccio / Arizona Republic)
• More Autonomy for Cities? It’s Complicated (Steve Eide / Public Sector Inc.)
• Just How Much Pension Peril is the US In? (PBS Newshour)
• Stroh Brewing Says Pension Plan Running Dry, Asks for PBGC Take-Over (Brian J. O’Connor / Detroit News )
• Corporate Pension Plan Terminations May Spike in the Near-Term (blog - James Willhite / Wall Street Journal)
• More US Companies Formalizing Plans to De-Risk Defined Benefit Pension Plans, Towers Watson Survey Finds (press release - Business Wire)
• PENSION PULSE: CPPIB Hits an Investment Impasse? (blog - Leo Kolivakis)

November 11, 2013

• Desert Hot Springs, California, May Weigh Bankruptcy (James Nash / Bloomberg)
• Elections in Bankrupt San Bernardino, California Usher in Battle Between Pension Reformers and CalPERS (Tim Reid / Reuters)
• San Diego's Pension Costs to Rise as City's Retirement Board Reduces Anticipated Rate of Return by .25% (Mark Walker / U-T San Diego)
• Risky Rates: Government Pension Funds Take Chances With Their Employees' Money (commentary - Thomas G. Donlan / Barron's)
• BART Officials Should Be Honest About the Strike-Ending Deal (column - Dan Borenstein / Contra Costa Times)
• AP Exclusive: California State Workers Get $516 Million in Bonus Pay (Juliet Williams / Sacramento Bee)
• Detroit Nears Deadline to Clear Lawsuits in Bankruptcy Case (Brian J. O’connor / Detroit News)
• Detroit Bankruptcy Case Turns on Issue of Good Faith (Bill Vlasic / New York Times)
• Faith in the Detroit Farce (blog - John Bury / Burypensions)
• Chicago Has Credit Rating Cut 3 Steps by Fitch Due to Pension Underfunding (Michael B. Marois & Tim Jones / Bloomberg)
• Rudderless Illinois (editorial - Journal Star)
• Iliinois Pension Reform Is Essential (letter - Zachary Mottl / Herald-News)
• IRS Paid $3.6 Billion in Fraudulent Tax Refunds (Gregory Wallace / CNN Money)
• Can We Save Social Security? (Penelope Wang / CNN Money)
• Do the Dutch Have the Pension Problem Solved? (video with transcript - PBS Newshour)
• PENSION PULSE: Further Restructuring at Canadian Pensions? (blog - Leo Kolivakis)

November 8, 2013

• Ticking Time Bomb: CalSTRS' Deficit Grows $22 Million a Day (John Myers / News 10 Sacramento)
• $255 Per Second: CalSTRS' Crisis by the Numbers (Ian Hill / News 10 Sacramento)
• SEARCHABLE DATABASE: The CalSTRS $100,000 Pension Club
• California Public Employee Unions to San Jose Mayor Chuck Reed: Drop Your Pension Initiative (Jon Ortiz / Sacramento Bee)
• Slashing Pensions at the Ballot Is Foolhardy, Says California Police Union Exec (op-ed - Ron Cottingham / Sacramento Bee)
• Q&A With San Jose Mayor Chuck Reed (text with audio - Steve Eide / Public Sector Inc.)
• Redding, California's Council Prepares to Tackle Pension Time Bomb (Jon Lewis / aNewsCafe.com)
• Marin County Pension Board Rejects Disability Pension for Former Pension Trustee (Nels Johnson / Marin Independent Journal)
• Long Beach Provides Model for Pension Reform in California (with audio - Sharon McNary / The California Report)
• San Diego Has Posted 5,600 Public Employee Pensions Under Prop. B (Lee Ann O'Neal / U-T San Diego)
• LIST of San Diego's 2012 Pension Payouts (pdf - City of San Diego)
• It's Official: Orange County Supervisors Will Now Pay Into Their Own Pensions (Nick Gerda / Voice of OC)
• Voters in Orange County, California to Decide Supervisors' Pension Contribution (Mike Reicher / Orange County Register) $$
• Detroit Bankruptcy Trial Ends Today With Final Arguments (Steven Church / Bloomberg)
• Detroit Bankruptcy Eligibility Trial Wraps Up Today (Alisa Priddle and Nathan Bomey / Detroit Free Press)
• Detroit Lawyers, Creditors Prep for Closings in Bankruptcy Trial (Robert Snell / Detroit News)
• Closing Arguments Today in Detroit Eligibility Case (Caitlin Devitt / The Bond Buyer) $$
• Illinois Pension Crisis Fix Is Pushed Back Again (Ray Long & Hal Dardick / Chicago Tribune)
• Some Lawmakers Frustrated by Illinois Pension Reform Inaction (with video - Charles Thomas / ABC Chicago)
• Illinois Catches Up on FY 2013 Bills, Lags on Pension Reform (Reuters)
• Changes in New Mexico Lawmaker Pensions Proposed (Dan Boyd / Albuquerque Journal)
• In Turnaround, Rhode Island Treasurer Releases Costs of Defending Pension Lawsuit (Katherine Gregg / Providence Journal)
• Police-Fire Pension Sales Tax Heads Back to Springfield, Missouri Voters for Renewal (Laura Kennedy / OzarksFirst.com)
• State and Federal Investigations of Pension Funds Will Likely Go Up in Number, Magnitude and Frequency (blog - Susan Mangiero / Pension Risk Matters)
• PENSION PULSE: Caisse Warned of ABCP meltdown? (blog - Leo Kolivakis)

November 7, 2013

• Can America’s Mayors Defuse Their Fiscal Time Bombs? (Eric Pianin and David Francis / The Fiscal Times)
• Rethink Pensions for California's Current Government Workers (editorial - Press-Enterprise)
• Amid Investment Losses, Pay Boost Was Approved for San Diego County Pension Fund Boss (Jeff McDonald / U-T San Diego)
• Public Transit's Outdated Pension and Disability Policies: A Sweet Deal for Workers, a Costly One for Taxpayers (Charles Chieppo / Governing)
• Detroit Bankruptcy Eligibility Trial Day 8 (Nathan Bomey / Detroit Free Press)
• Insurer of Detroit’s Pension-Related Debt Seeks to Block Plan for Utility Tax for New Lighting Authority (Chad Livengood / Detroit News)
• Tulsa, Oklahoma Pension Board Suggests Major Changes to Plan (Evin Canfield / Tulsa World)
• Park District Pension Reform Moving in Illinois Legislature (blog - Greg Hinz / Crain's Chicago Business)
• Illinois Legislature Is Playing Us for Chumps on Pension Reform (editorial - Chicago Sun-Times)
• Adjustments Pay Off in New Mexico Pension Solvency (editorial - Albuquerque Journal)
• New Book by Canadian Authors Hails Rhode Island Treasurer Raimondo as a Pension Dragon-Slayer (Katherine Gregg / Providence Journal)
• Proposed Ordinance Would Change Calculations of Cumberland, Rhode Island's Police Pension Fund (Michael P. McKinney / Providence Journal)
• Loftis, Ryberg Speak Out After South Carolina Pension Commission Fallout; State's Fund Is Facing $15 Billion Shortfall (Dede Biles / Aiken Standard)
• Jacksonville's Mayor Backs Selling Land to Help Reduce City's $1.7 Billion Pension Fund Deficit (David Chapman / Daily Record)
• US States Have Lost Ground for Five Straight Years in Socking Away Pension Funds (Darrell Preston & Brian Chappatta / Bloomberg)
• College Debt Could Delay Retirement for Young Grads (Via Meadia blog - Walter Rusell Mead / The American Interest)
• Fresh Data on Aging in the UK Fuels Calls for Further Retirement Age Increases (Donia O'Loughlin / Financial Times)
• PENSION PULSE: CalPERS' Bonus Bonanza? (blog - Leo Kolivakis)

November 6, 2013

• Sacramento Bee Editorial Makes the Liberal Case for California Pension Reform (Steven Greenhut / Public Sector Inc.)
• What’s the Right Future for Public Employee Pensions in California? (with audio - KALW Radio)
• Tax Hike Vote Puts Bankrupt Stockton, California on Track for Solvency (Jim Christie / Reuters)
• Fitch: Stockton, California's Plan Could Influence Future Municipal Bankruptcies (Tonya Chin / The Bond Buyer) $$
• Redding, California Will Look to Concessions to Help Pay Pension Costs (Jenny Espino / Record Searchlight) $$
• Long Beach, California Completes Pension Reform Deals (Eric Bradley / Press-Telegram)
• San Diego County Pension Fund Trustee Repays Waikiki Nights (Jeff McDonald / U-T San Diego)
• San Diego's New Firefighters, Lifeguards Without Death Benefits (with video - Wendy Fry / NBC San Diego)
• Cities Need to Take Responsibility for their Own Pension Messes (op-ed - Steven Malanga / Investor's Business Daily)
• Alaska Wrestles With $12 Billion Pension Funding Shortfall (Alexandra Gutierrez / KTOO Radio)
• Cincinnati Pension Reform Measure Soundly Rejected by Voters (James Pilcher / Cincinnati Enquirer)
• Court Case in Washington State Illustrates Risk of Increasing Public Employee Pension Benefits (Steve Malanga / Public Sector Inc.)
• Detroit Union Lawyer Avoided Key Questions, Judge Says (Steven Church / Bloomberg)
• Steep Haircuts Demonstrated Detroit Bankruptcy Was Needed, Says Former Michigan State Treasurer (Caitlin Devitt / The Bond Buyer)
• Retiree Health Care, Not Pension Shortfall, a Core Reason for Detroit Bankruptcy (Nathan Bomey & Alisa Priddle / Detroit Free Press)
• Naperville, Illinois Considers Pension Double-Dipping Transparency Reform (Brian Costin / Illinois Policy Institute)
• Illinois Pensions Need to Become More Transparent (Paul Kersey / Illinois Policy Institute)
• Pension Deal Elusive on Final Days of Illinois Veto Session (Kerry Lester and Sophia Tareen / Rockford Register Star)
• Minnesota Commission to Consider Move to a Pension System for Public Workers More Like That in Private Sector (MaryJo Webster / Pioneer Press)
• Providence to Move $4.3 Million in Pension Funds to Hedge Fund With Lower Fees, Higher Return (Alisha A. Pina / Providence Journal)
• Pension Reform Is a Crucial Issue for Jacksonville and Many Other Cities (op-ed - Bill Scheu / Florida Times-Union)
• Sell Land, Tap JEA to Bolster Jacksonville Police and Fire Pension Fund, Says Mayor (blog - David Bauerlein / Florida Times-Union)
• Burlington, Vermont's Pension Fund Is in Trouble (op-ed - Jeff Wick / Burlington Free Press)
• New York Is Investigating Advisers to Pension Funds (blog - Mary Williams Walsh / New York Times)
• Pension Reform to Be Key Subject at China's Third Plenary Session (with video - China Network Television)
• PENSION PULSE: The New Improved SAC Capital? (blog - Leo Kolivakis)

November 5, 2013

• Stockton Sales Tax Plan Set to End City's Bankruptcy; Public Employee Pensions Will Be Spared (Jim Christie / Reuters)
• CalPERS Doubles Bonus Payouts to Its Employees as Losses Are Recouped (Michael B. Marois / Bloombeg)
• Local Pension Reform in California Is No Easy Matter -- Just Ask Roseville (editorial - Sacramento Bee)
• Bankrupt San Bernadino’s Politicians Face Election Today (James Nash / Bloomberg)
• Rolling Stone Magazine Attacks Wall Street on Pensions, But Gives Public Employee Unions a Pass (Bill White / UnionWatch)
• A Third of Middle-Class Americans Say They Will Work 'Until at Least 80’ (blog - Jon Ortiz / Sacramento Bee)
• Detroit Emergency Manager Pressed on Pension Cuts at Bankruptcy Trial (Joseph Lichterman / Reuters)
• Did Detroit Emergency Manager Mislead Retirees Over Pension Cuts? (with video - Jim Kiertzner / WXYZ-TV)
• Open Up Contract Talks Between California Cities and Their Employees (editorial - Orange County Register) $$
• Detroit Emergency Manager Forced to Defend Comment That Pensions Are 'Sacrosanct' (Brent Snavely / Detroit Free Press)
• Bonds, Pension Reform, Detroit Mayor on Midwestern Ballots (Caitlin Devitt and Yvette Shields / The Bond Buyer) $$
• Bankruptcy Shadows Detroit's Mayoral Election (Corey Williams / Fox Detroit)
• Where's the Pension Fix? Even in a Good Year for Investments, Illinois' Problem Get Worse (editorial - Chicago Tribune)
• Illinois Teachers Get Pension Warning (Nicole Wilson / Alton Daily News)
• Pension Reform Seen Unlikely for Illinois Legislative Session (Reuters)
• Pew Consultant Offers Advice to Jacksonville Pension Task Force (video - Mike Clark / Florida Times-Union)
• Presentation to Jacksonville's Pension Reform Task Force Sold Police, Fire Pension Funds Short on Returns (David Bauerlein / Florida Times-Union)
• Maryland Pension Reform at Top of Priority List for Bethesda Chamber of Commerce Aaron Kraut / Bethesda Now)
• Rescue Plans for Pennsylvania's Pensions (editorial - The Intelligencer)
• Polish Pension Reform May Be Unconstitutional (Dagmara Leszkowicz / Reuters)
• PENSION PULSE: Can Pensions Afford Recovery? (blog - Leo Kolivakis)

November 4, 2013

• California Local Government Pension Costs Rise Fast, Even as Municipalities Shed Employees (editorial - Sacramento Bee)
• CalPERS Members Are Living Longer, May Push Up Rates (Ed Mendel / Calpensions)
• Redding, California's Options as Pension Costs Rise (blog - Bruce Ross / Record Searchlight)
• Pension Bonds Are Draining California's Municipal Agencies (Jennifer Gollan / San Francisco Chronicle)
• San Jose Mayor Chuck Reed to California Lawmakers Regarding Pension Reform: 'Call Me’ (column - Jon Ortiz / Sacramento Bee)
• High Stakes in Northern California Court Fight Over Public Employee Pension Spiking (column - Daniel Borenstein / Contra Costa Times)
• Landmark Legal Challenge to East Bay County Pension Reform Gets Day in California Court (Lisa Vorderbrueggen / Contra Costa Times)
• CalPERS Backs State of California in Suit Against San Bernardino (Ryan Hagen / San Bernardino Sun)
• City of Bell, California Won't Be Able to Touch Corrupt Former City Manager Rizzo's Pension (Jeff Gottlieb / Los Angeles Times)
• A New Local Pension Calculus (MiniLand blog - Cate Long / Reuters)
• Even if a Pension Deal Is Reached, Illinois Is Still in Deep Financial Trouble, Says Report (Sara Burnett / St. Louis Post-Dispatch)
• READ THE REPORT: 'Peering Over Illinois’ Fiscal Cliff: New Projections From IGPA’s Fiscal Futures Model' (pdf - University of Illinois)
• Cuts in State Aid Leave Cities Reeling (Jeannette Neumann and Jennifer Levitz / Wall Street Journal) $$
• Politifact Rhode Island Rules Raimondo Claim on Providence Pension Investments Mostly True (C. Eugene Emery Jr / Providence Journal)
• Rhode Island Treasurer Raimondo Should Address Conflicts, Misstatements, Secrecy (op-ed - Edward Siedle / Providence Journal)
• Municipal Bankruptcy Conference at Brown University Will Look at Crises From Central Falls to Detroit (Providence Journal)
• The Great Pension-Bonus Giveaway Fiasco (Megan McArdle / Bloomberg)
• Phoenix Pension Reform Is Transparent and Fair (op-ed - Tom Simplot and Thelda Williams / Arizona Republic)
• Illinois' Unfunded Pension Liabilities Cross $100 Billion Mark (Yvette Shields / The Bond Buyer) $$
• Illinois' Pension Debt Is a Real Crisis; Senate Leader Notwithstanding, Taxpayers Want Problem Solved (editorial - Sauk Valley Media)
• Pennsylvania Pension Reform Plan Hinges on Union Support (Natasha Lindstrom / Bucks County Courier Times)
• Former Pennsylvania Police Chief Qualifies for Pension Despite Convictions (Terrie Morgan-Besecker / Times-Tribune)
• Cincinnati, Ohio: A City in Need of CPR (commentary - Paul Jacob / Common Sense)
• Major Insights Now Emerging on Jacksonville's Public Pension Crisis (editorial - Florida Times Union)
• New Jersey Lt. Governor Breaks Silence on Double-Dipping Scheme (Mark Lagerkvist / New Jersey Watchdog)
• How New Mexico Reduced Its Pension Liability by $1.5 Billion This Year (GovBeat blog - Niraj Chokshi / Washington Post)
• Jefferson County, Alabama Details $1.7 Billion Bankruptcy Exit Deal (Shelly Sigo / The Bond Buyer)
• For Now, Pentagon Plays It Safe on Military Retirement and Compensation Reform (Andrew Tilghman / Military Times)
• Massachusetts Fishermen's Pension Fund Can't Tread Water (column - Steve Urbon / South Coast Today)
• New Puerto Rico Priority: Allaying Investor Fears of Default (Robert Slavin / The Bond Buyer)
• Puerto Rico’s Bond Market and Its Ratings: How Bad It Is? (MuniLand blog - Cate Long / Reuters)
• PENSION PULSE: Norway's Big Reversal Bet? (blog - Leo Kolivakis)

November 1, 2013

• CalSTRS, Other Public Pension Funds Need to Show the Money (David Crane / Bloomberg)
• Marin County Public Pension Critics Urge Local Officials to Get Behind Statewide Reform Ballot Initiative (Nels Johnson / Marin Independent Journal)
• California's Public Pension Predicament (op-ed - Adrian Moore & Salvador Rodriguez / Orange County Register) $$
• Pensions, Property Taxes and Proposition 13 (Joel Fox / Fox & Hounds)
• Detroit's Case Draws Spotlight at National Meeting of Bankruptcy Judges (Chad Livengood / Detroit News)
• New Study Shows Maryland’s Public Employee Pensions and Benefits Face Rapidly Increasing Costs (Gabriel J. Michael / Maryland Public Policy Institute
• READ THE STUDY: 'Perpetual Shortfall: Maryland’s Pension and Benefit Funds' (pdf - Maryland Public Policy Institute)
• Disappearing Pensions? Illinois Teachers Get Halloween Scare (Ben Yount / Illinois Watchdog)
• Illinois Gubernatorial Candidate Says His Pension Reform Plan Is Constitutional (Doug Finke / State Journal-Register)
• Phoenix's Pension-Spiking 'Reform' Is a Sham (editorial - Arizona Republic)
• Stanford Researchers Find Institutional Investors May Be Too Parochial at the Public’s Expense (press release)
• US Senate Committee OKs Pension Funding Relief Bill for Charities, Rural Co-Ops (Hazel Bradford / Pensions & Investments)
• Public Pension Plans Across Canada in Dire Straits (Bruce Stewart / Beacon News)
• PENSION PULSE: Jim Leech on The Third Rail (blog - Leo Kolivakis)

October 31, 2013

• California Pension Reform Crusader Chuck Reed Reaches Out to Public Employee Unions (column - Jon Ortiz / Sacramento Bee)
• Time for Governments to Phase Out Defined Benefit Pension Programs (editorial - Leader-Telegram)
• Debunking 11 Public Pension 'Myths' (Paula Aven Gladych / BenefitsPro)
• Maryland Has $50 Billion in Unfunded State and Local Retirement Benefits, Study Says (Len Lazarick / Maryland Reporter.com)
• Detroit Bankruptcy Proposal Would Leave Pensioners With 16 Cents on the Dollar (Perry Chiaramonte / Fox News)
• Illinois Teachers Pension Fund Deteriorates (Yvette Shields / The Bond Buyer)
• Springfield, Illinois' Unfunded Pension Liabilities Continue to Grow (with video - Garrett Brnger / News Channel 20)
• La Grange, Illinois Utility Tax Could Rise to Cover Public Pensions (Kevin Beese / Chicago Sun-Times)
• Pensions, Deficits Loom for Cook County, Illinois Says Watchdog Group (Caitlin Devitt / The Bond Buyer) $$
• Providence Mayor Moves $11 Million of City Pension Assets Out of Hedge Funds (blog - Ted Nesi / WPRI-TV)
• Idaho Pension Reform Long Overdue (editorial - Spokesman-Review)
• Pennsylvania Lawmaker's Pension Reform Proposal Gets Attention (Robert Swift / Times-Tribune)
• Jefferson County, Alabama's Creditors Agree to Bigger Haircuts (Shelly Sigo / The Bond Buyer)
• Social Security Benefits to Increase by Paltry 1.5% (Al Jazeera)
• Canada Pensions Need Reform or Face Crisis, Teachers’ Leech Says (Katia Dmitrieva / Bloomberg)
• PENSION PULSE Update: GPFG's third quarter performance (blog - Leo Kolivakis)

October 30, 2013

• Bankrupt San Bernardino in Showdown With California Pension Fund CalPERS Over Arrears (Tim Reid / Reuters)
• What’s Really the Principal Cause of CalSTRS’ Funding Shortfall? (David Crane / Fox & Hounds)
• Former California Employment and Development Department Bosses Got Big Pensions After Retiring (video - Thom Jensen / ABC-TV Sacramento)
• San Jose's Pension Reform Legal Bill Climbs (John Woolfolk / Mercury News)
• California Pension Reform: Long Beach Claims Leadership in Reducing Risk (with audio - Sharon McNary / Southern California Public Radio)
• California's Moraga-Orinda Fire District's Financial Reserves Exhausted (Jennifer Modenessi / Contra Costa Times)
• Judges: The True Pension Referees in Bankruptcy Cases (Frank Shafroth / Governing Magazine)
• Detroit Deal 'Probably Not' Doable Absent Pension Cuts, Says Emergency Manager (Joseph Lichterman / Reuters)
• Detroit Chapter 9 Eligibility Trial Will Continue (Caitlin Devitt / The Bond Buyer)
• Illinois Teachers Pension Fund Is 40% Funded, Drops Deeper Into Hole Despite ROI of 12.8% (blog - Mike Shedlock / Mish's Trends)
• Detroit's Lesson for Chicago: Motown's Pension Mess Is a Warning (editorial - Chicago Tribune)
• Get Illinois Pension Reform Deal Done (editorial - Chicago Sun-Times)
• Pension Crisis Risks Crippling Illinois, Says Report (Bill McMorris / Washington Free Beacon)
• Illinois Cities Now Facing Public Pension Crises (Ben Yount / Illinois Watchdog)
• Pension Pinch Busts City Budgets; Retiree-Benefit Costs Are a Costly Perk in Springfield, Illinois (Mark Peters / Wall Street Journal) $$
• Illinois State Comptroller Comments on Pension Crisis (John Gregory / Alton Daily News)
• Union Tells Retirees to Repay Pension Overpayments (Phil Kadner / Southtown Star)
• Union and Retiree Pressure Mounting Against Multiemployer Pension Fund Reform (Hazel Bradford / Pensions & Investments)
• 'Critical Failures' Lead to Social Security Overpayments (Blake Ellis / CNN Money)
• PENSION PULSE: Are U.S. Pension Funds Going Canadian? (blog - Leo Kolivakis)

October 29, 2013

• Los Angeles and the Coming War Over California Pension Reform (Jack Humphreville / LA CityWatch)
• Vallejo Could Be a Harbinger of Bad Things to Come for California's Cities (editorial - Sacramento Bee) $$
• Rifts Exist Among Democrats at State and Municipal Levels Over Pension Issue (blog - Scott Shackford / Reason)
• California Agencies Gamble on Pension Bonds to Cover Debts – and Lose (Jennifer Gollan / NBC Bay Area)
• Alameda, California's Fired Fire Chief Must Pay City's $260,000 Legal Costs in Termination Lawsuit (Peter Hegarty / Oakland Tribune)
• Lawmakers Can Make Money in Ways You Can't (op-ed - John Phillips / Orange Conty Register)
• Lawyers Brief Judge for 9th Time on Rhode Island Pension Lawsuit Talks (blog - Ted Nesi / WPRI-TV)
• Interview With Rhode Island State Treasurer Gina Raimondo (video - Tim White / WPRI-TV)
• Hole Grows Deeper for Illinois Teachers' Pension Fund, Despite Above-Target Investment Returns (David Nicklaus / St. Louis Post-Dispatch)
• How to Go Defined Contribution: Q&A With Former Michigan Gov. John Engler (with audio - Steve Eide / Public Sector Inc.)
• Michigan Governor Testifies That Bankruptcy Was Right Call for Detroit (Bill Vlasic / New York Times)
• Phoenix City Council Denies Recommendations to End Pension Spiking (Allison Hurtado / Ahwatukee Foothills News)
• Former Idaho Legislator Killed Pension Reform Bill, and Now May Benefit Big (Dan Popkey / Idaho Statesman)
• City of Memphis' Public Pension Shortfall Has a Lesser-Known Twin — $1.3 Billion in Retiree Health Care Costs (Daniel Connolly / Commercial Appeal) $
• Update on Cincinnati's Issue 4 Pension Reform Initiative (with video - Jeff Hirsh / WKRC-TV)
• Ohio Public Officials Defend Practice of Double Dipping, in Published Words (Cleveland Plain Dealer)
• Ohio Officials Defend the Indefensible in Pensions (Steve Malanga / Public Sector Inc.)
• Ohio Public Officials Defend Practice of Double Dipping, in Published Words (Cleveland Plain Dealer)
• Head of One of the Canada's Biggest Pension Funds Calls for Immediate Pension Reform in New Book (Romina Maurino / Brandon Sun)
• Poland's Pension Reform Is Akin to Expropriation, Says State Solicitors' Office (Karolina Slowikowska / Reuters)
• Is Your Pension Fund Courting Catastrophe? (Matthew C. Klein / Bloomberg)
• PENSION PULSE: Will Catastroph​e Bonds Wipe Out Pensions? (blog - Leo Kolivakis)

October 28, 2013

• The Municipal Bankruptcy Mess Is Heading to a Local Government Near You (Greenhut, Dalmia, Boehm, Shackford, Krayewski / Reason)
• Will Challenge by Transit Workers Derail California Pension Reform? (blog - Ed Mendel / Calpensions)
• Fannie Mae, Freddie Mac Eliminating Pension Plans Starting Dec. 31 (Kimbriell Kelly / Washington Post)
• Federal Mortgage Giants Fannie Mae and Freddie Mac Are Terminating Their Defined Benefit Pension Plans (Rebecca Moore / PlanSponsor)
• The Issue That Divides Democrats: Public Pension Reform (Carl M. Cannon / RealClearPolitics)
• Q&A With San Jose Mayor Chuck Reed on Public Pension Reform in California (Carl M. Cannon / RealClearPolitics)
• BART Upped Offer on Salary and Benefits 48% in the Final Hours of Negotiations (column - Daniel Borenstein / Mercury News)
• BART Raises Follow Similar Pay Bumps for California Bay Area Workers, Especially in Government (Mike Rosenberg and Daniel J. Willis / Mercury News)
• Detroit Pension Cuts a 'Function of Mathematics' Says Investment Banker (Joseph Lichterman & Bernie Woodall / Reuters)
• Illinois Teachers’ Unfunded Pension Liability Jumps 7% Despite 12.8% Return (press release - Illinois Teachers’ Retirement System)
• Who Is Paying for Pro- and Anti-Pension Reform Campaigns in Cincinnati? (James Pilcher / Cincinnati Enquirer)
• Deputies in Wayne County, Michigan Want Out of Troubled Pension System (John Wisely / Detroit Free Press)
• Disgust, Disappointment in Readers' Responses on Jacksonville Pension Crisis (letters - Florida Times-Union)
• Pension Funding Makes Up Second Largest Liability on US Government's Balance Sheet (column - Bill King / Houston Chronicle)
• Means-Tested Gov't Benefit Recipients Now Outnumber Full-Time Year-Round Workers, Says Census Bureau (Terence P. Jeffrey / CNS News)
• Pension System Debate Early Next Year on Isle of Man in UK (with audio - Energy FM)
• PENSION PULSE: On the Verge of Expanding the CPP? (blog - Leo Kolivakis)

October 25, 2013

• An Attempt to Reform California Pensions Could Pitch Democrat Against Democrat (editorial - The Economist)
• Is Spending on Employee Benefits 'Crowding Out' Funding for Basic City Services? (report - Stephen D. Eide / Manhattan Institute)
• NEW REPORT: 'Twenty Myths About Public-Sector Pension Plans' (Richard C. Dreyfuss / Manhattan Institute)
• CalSTRS' Issues Statement on Proposed California 'Pension Reform Act of 2014' Ballot Measure (California State Teachers’ Retirement System)
• The Press Release and the Text of the Initiative: 'The Pension Reform Act of 2014' (Coalition for Fair and Sustainable Pensions)
• Will California's Pension Reformers Succeed? (blog - Jon Ortiz / Sacramento Bee)
• Approved Pension Deals on Hold, Say Officials in Long Beach, California (Eric Bradley / Press-Telegram)
• Orange County, California Educators' Pension Plans at Risk Too (op-ed - Jeff Arthur / Daily Pilot)
• Worthy Orange County Pension Tweaks Would Have Supervisors Contribute to Their Plans (editoral - Orange County Register) $$
• Los Angeles City Controller Opens the Data Floodgates With New Online Resource (Christopher Nelson / California Forward)
• Los Angeles Controller's Website Opens City’s Checkbook to Public Scrutiny (with audio - John Baird / CBS Los Angeles)
• VISIT NEW WEBSITE: Control Panel LA
• Obamacare's Newest Critics: Detroit Retirees (column - Allysia Finley / Wall Street Journal) $$
• While Michigan Education Association Fights Pension Reform, Union Has Trouble With Its Own Underfunding (Tom Gantert / Capitol Confidential)
• Illinois’ Real Pension Crisis: Finding Enough Taxpayers to Pay the Bills (Benjamin Yount / Illinois Watchdog)
• Are Pension Liablilites in Illinois a Big Deal? (video - Stuart Varney / Fox Business)
• Illinois Governor Wants $100 Million More for Pay Hike for Public Employees (Ben Yount / Illinois Watchdog)
• Learn From the Plight of the Rhode Island Pension System (blog - Daniel Solin / US News)
• Pittsburgh’s Overseer OKs Budget, Warns About Pensions (Moriah Balingit / Pittsburgh Post-Gazette)
• Former Waltham, Massachusetts Police Chief Granted His Pension Following Assault Convictions (Jaclyn Reiss / Boston Globe)
• Phoenix Pension Reformers Have to Get Serious (column - Robert Robb / Arizona Republic)
• Phoenix Pensions Need to Be Addressed (editorial - Casa Grande Dispatch)
• Pension Funds Ask Retirees to Pay Back Tens of Thousands (Melanie Hicken / CNN Money)
• 'Huge’ Montreal Public Pension Problem Draws Little Debate (Lynn Moore / The Gazette)
• Italy’s Government Looks to Tap Pensions Funds (blog - Giovanni Legorano / Wall Street Journal)
• PENSION PULSE: Pension Funds Love Wall Street? (blog - Leo Kolivakis)

October 24, 2013

• CalPERS Appeals San Bernardino Bankruptcy Filing (Tim Reid / Reuters)
• CalPERS Keeps Pressure on San Bernardino (Dale Kasler / Sacramento Bee)
• CalPERS Disputes San Bernardino Bankruptcy Ruling (Beau Yarbrough / San Bernardino the Sun)
• FREE WEBCAST TODAY: 'Save Our Cities – Reforming Public Pensions to Protect Public Services' (Public Sector Inc.)
• The Unions' Playbook for Public Pension Defense in Californa (column - Jon Ortiz / Sacramento Bee)
• Pension Funds Love Wall Street (David Crane / Bloomberg)
• Resolution of BART Strike Should Leave Taxpayers Feeling Mugged (editorial - U-T San Diego)
• Will California Legislators Learn Anything From the BART Strike? (editorial - Sacramento Bee)
• BART Strike Is a Teachable Moment (Ed Ring / UnionWatch)
• Los Angeles Mayor Garcetti Should Welcome California’s Coming Pension Reform Debate (editorial - Daily News)
• San Diego Residents Are Paying More Toward City Pensions Than Public Safety, Says Mayoral Candidate Aguirre (with video - Misha DiBono / Fox 5)
• San Diego Sues Cop Over Unemployment; He Retired With $107,000 Pension, Then Sought Jobless Benefits (Jeff McDonald / U-T San Diego)
• Long Beach OKs Pension Deals With Three Unions (Eric Bradley / Press-Telegram)
• Long Beach, California's City Workers Will Contribute More to Their Pensions (blog - Sharon Mcnary / Southern California Public Radio)
• Detroit Bankruptcy Trial Begins; Court to Decide Whether City Is Eligible to File for Chapter 9 (Ed White / Huffington Post)
• Detroit Bankruptcy Eligibility Case Goes to Trial (video with transcript - PBS Newshour)
• In Detroit Bankruptcy Trial, Union Says City Had Pensions in Sight (Joseph Lichterman and Bernie Woodall / Reuters)
• Benefits in Balance Can Save Michigan $5.8 Billion (James Hohman / Public Sector Inc.)
• The Changing Politics of Public Sector Pensions (Daniel DiSalvo / RealClearPolicy)
• Tonight Louisville Metro Council Will Consider Exiting Kentucky Pension System (Tom O’Neill / Courier-Journal)
• No Matter How You Cut It, Illinois' $100 Billion Pension Debt Is a Crisis (editorial - State Journal-Register)
• Chicago Mayor Emanuel Warns of Looming City Pension Crisis in Budget Speech (Hal Dardick and John Byrne / Chicago Tribune)
• Chicago Mayor Emanuel Stokes Pension Crisis Fears in Budget Address (Chuck Sudo / Chicagoist.com)
• Analysis: No Answers for Chicago's Pension Ills as Mayor Prepares Budget (David Greising and Karen Pierog / Reuters)
• Eighty Percent of New Jersey's County Sheriffs Are Double-Dippers (Mark Lagerkvist / New Jersey Watchdog)
• Tuesday's Phoenix City Council Debate on Pension Spiking Was Anything But (editorial - Arizona Republic)
• Iowa Lawmakers Are Warned of Billions of Dollars of Unfunded Pension Liabilities (William Petroski / Des Moines Register)
• Most of Today’s College Grads Won’t Be Able to Retire Until Age 73 Due to High Debt, Says Study (John Manganaro / PlanSponsor)
• Prince Charles Urges UK Pension Reform in Video (Fiona Nicolson / FT Advisor)
• PENSION PULSE: The UK's Largest Infrastructure Deal? (blog - Leo Kolivakis)

October 23, 2013

• A Sign of Seriousness on California Pension Reform by Governor Jerry Brown (editorial - Orange County Register)
• A Pension Debate California Must Have (editorial - Daily Democrat)
• Q&A With San Jose Mayor Chuck Reed (text with audio - Steve Eide / Public Sector Inc.)
• Critics See Union Ploy in Post-BART Proposals (Steven Greenhut / U-T San Diego)
• Temecula, California's Public Employee Union Scores Raises, But Will Pay More for Pensions (Aaron Claverie / Press-Enterprise)
• Who Wants Public Pensions for San Diego's Felons? (Watchdog Video Minute - Lee Ann O'Neal / U-T San Diego)
• Illinois Pensions Are an 'Extreme Emergency' Says Gov. Quinn (Doug Finke / State Journal-Register)
• Top Illinois Democrat Goes Blind; Says State's Huge Pension Debt Is Not a 'Crisis' (column - Dennis Byrne / Chicago Now)
• Illinois Senate President Cullerton on Pension Debt: What, Me Worry? (editorial - Crain's Chicago Business)
• The Illinois Pension Mess (column - Allysia Finley / Wall Street Journal) $$
• Judge Hears Arguments on Legality of Detroit Bankruptcy Filing Today (Bill Vlasic / New York Times)
• Case in Detroit Highlights Costs of 'Extra’ Pension Payments (Mary Williams Walsh / New York Times)
• Detroit's Bankruptcy Should Be Blocked Because of Possible Pension Cuts, Labor Says (Nathan Bomey / Detroit Free Press)
• Detroit Retiree Lawyer Says Pensions Live Even if City Dies (Steven Church / Bloomberg Businessweek)
• It's City vs. Creditors in Detroit Bankruptcy Trial (with audio - Editorial / Rhode Island Public Radio)
• Phoenix City Council Rejects Ending Pension Spiking (with video - Jonathan Lowe / CBS 5)
• Phoenix Pension Reform Plan Fails (Dustin Gardiner / Arizona Republic)
• Oregon High Court Judges Will Hear Pension Fund Appeals (column - Hannah Hoffman / Statesman Journal)
• Oregon Pension Reform Faces Potentially Hostile Court (Steve Malanga / Public Sector Inc.)
• Cincinnati Pension Reform Amendment Wording Alarms Some (James Pilcher / Cincinnati Enquirer)
• Can Issue 4 Solve Cincinnati's Pension Problem? No (editorial - Cincinnati Enquirer)
• Cincinnati's Pension Reform Referendum at a Glance (James Pilcher / Cincinnati Enquirer)
• End the Scourge of Double-Dipping in New Jersey (editorial - Daily Record)
• Cities Grapple With Pension Debt (with audio - Michel Martin / New Hampshire Public Radio)
• Public Pension Plan Administrators Confident About Their Funds (Kevin McGuinness / PlanSponsor)
• Congress Considers Letting Pension Trustees Slash Benefits for Retirees, Says Report (Dave Jamieson / Huffington Post)
• New Report Says Social Security's Real Retirement Age Is 70 (Alicia H. Munnell / Center for Retirement Research)
• America Is Really $205 Trillion in Debt (column - James Freeman / Wall Street Journal) $$
• Higher Retirement Age May Help Solve China's Pension Problem (He Dan / People's Daily)
• PENSION PULSE: New Study on the Benefits of DB Pensions (blog - Leo Kolivakis)

October 22, 2013

• A Fix for California's Financial Hole That Just Gets Deeper (editorial - U-T San Diego)
• Giving California Voters a Say on Public Pension Issues (op-ed - David Brown / Marin Independent Journal)
• Mayors' Bold Move on California Pension Reform (editorial - Victorville Daily Press)
• Poll Finds Strong Public Support for Three Reform-Based Solutions to the Pension Crisis (op-ed - Emily Ekins / Orange County Register)
• Docking Ex-Mayor Filner's Pension Not So Easy (Watchdog Video Minute - Ricky Young / U-T San Diego)
• Details Emerge From Phoenix on New Santa Ana, California City Manager's Pension (Dustin Gardiner & Craig Harris / Arizona Republic)
• Orange County Supervisors May Ask Voters to Change Their Pension Deal (Mike Reicher / Orange County Register)
• City of Modesto, California Says Fallout Would Be Enormous if Sales Tax Measure Fails in November (Kevin Valine / Modesto Bee)
• Long Beach Can’t Afford Big Raises for City Workers (op-ed - Gary DeLong / Press-Telegram)
• Public Pensions Are Not Property (blog - Ivan Osorio / OpenMarket.org)
• Final Reason Foundation Free Pension Reform Webinar Is Today (Reason Foundation)
• FREE WEBCAST THURSDAY: 'Save Our Cities – Reforming Public Pensions to Protect Public Services' (Public Sector Inc.)
• New Rockford Taxpayer Watchdog Group Will Be Following Illinois General Assembly on Pension Reform (with video - Lauren Kravets / KIFR-TV)
• Illinois State Senator Biss Sees Hope for Pension Reform This Fall (with video - Bill Smith / Evanston Now)
• Mike Lawrence Says '95 Illinois Pension Law Could Have Worked (with audio - Sean Crawford / WUIS Radio)
• How Detroit's Bankruptcy Eligibility Trial Will Unfold (Nathan Bomey and Alisa Priddle / Detroit Free Press)
• New Jersey Pension Probe: Does the Public Have a Right to Know? Or Will the Authorities Keep Lt. Governor’s Secrets Forever? (Mark Lagerkvist / New Je
• More Older Americans in Work Force (Kevin McGuinness / PlanSponsor)
• PENSION PULSE: Fresh Signs of a Private Equity Bubble? (blog - Leo Kolivakis)

October 21, 2013

• California Pension Reform Ballot Initiative Shows How the Young Pay the Pensions of the Old (blog - Ed Mendel / Calpensions)
• California Pension Reform Ballot Initiative Is Long Overdue (editorial - Contra Costa Times)
• Los Angeles Police Union’s Absurd Spin on California Pension Reform Initiative (Steven Greenhut / Public Sector Inc.)
• Selfish CalPERS (editorial - Press-Enterprise)
• California Pension Reform Must Happen, But It Doesn't Have to Be an All-Or-Nothing Approach (editorial - Stockton Record)
• SEARCHABLE DATABASE: Stockton City Employees Earning More Than $100,000 (Stockton Record)
• Recalculated California State Public-Safety Average Pension = $62,000 Per Year (Teri Sforza / Orange County Register) $$
• Pension Reform in California? (video - Allysia Finley / Wall Street Journal)
• Retired Ventura County Sheriff Sues for Supplemental Pension (Tony Biasotti / Pacific Coast Business Times)
• San Diego Mayoral Candidate Aguirre Still Pushing for Pension Reform (Craig Gustafson / U-T San Diego)
• $1,100 an Hour? Part-Time Service at Little Agencies Means Big Bucks and Benefits for California Bay Area Politicians (Thomas Peele / Mercury News)
• BART Strike: California Liberals Get Mugged by Union Reality (editorial - U-T San Diego)
• Long Beach City Council to Vote on Pension Deals ( Eric Bradley / Daily News)
• Illinois Pension Reform Deal Remains Elusive (Ray Long / Chicago Tribune)
• EDITORIAL CARTOON: Illinois Pension Reform (Roger Schillerstrom / Crain's Chicago Bsiness)
• Illinois State Pension Debt No 'Crisis,' Senate President Says (Rick Pearson / Chicago Tribune)
• Public Employees Should Demand Defined Contribution Plans (blog - John Bury / Burypensions)
• Rhode Island Pension Reform Talks Rife With Problems (op-ed - Brian C. Newberry / Providence Journal)
• Rhode Island: How to Pay Millions and Lag Behind the Market (column - Gretchen Morgenson / New York Times)
• Unfunded Liabilities of Massachusetts' Public Pension System Grew Last Year to $83 Billion (Dan Beman / BenefitsPro)
• The Indebted States of America: States and Localities Owe Far, Far More Than Their Citizens Know (Steven Malanga / City Journal)
• How Entitlements Are Helping the Baby Boomers Rip Off Future Generations (James Freeman / Wall Street Journal)
• Polish President to Review Constitutionality of Pension Reform (Karolina Slowikowska / Reuters)
• States of Guernsey to Debate Pension Reform in February (BBC)
• PENSION PULSE: Warren Buffett's Pension Strategy? (blog - Leo Kolivakis)

October 18, 2013

• CalPERS to Appeal San Bernardino's Bankruptcy Eligibility (Ryan Hagen / San Bernardino Sun)
• California Pension Fund to Appeal San Bernardino Bankruptcy Eligibility (Jonathan Weber / Reuters)
• CalPERS to Appeal San Bernardino Chapter 9 Eligibility (Edvard Pettersson / Bloomberg Businessweek)
• Bipartisan Coalition of California Mayors Pushes for Controversial Pension Measure (with audio - Larry Mantle / Southern California Public Radio)
• A Pension Debate California Must Have (editorial - Los Angeles Daily News)
• A Pension Battle for the Ages in California (editorial - Santa Maria Times)
• San Bernardino Mayor, Others Want to Change City Workers' Pension Plans (with video - Leticia Juarez / KABC-TV)
• San Jose Mayor Chuck Reed Scheduled for Radio Shows to Discuss His Public Pension Reform Ballot Measure (blog - Jon Ortiz / Sacramento Bee)
• Mayors' Bold Move on California Pension Reform (editorial - Orange County Register) $$
• A California Pension Reform Initiative on the Ballot Could Affect Other Election Issues (Joel Fox / Fox & Hounds)
• Gov. Brown Taps Pension-Reform Proponent for High-Level California Post (Jon Ortiz / Sacramento Bee)
• BART Holds San Francisco Hostage; Best Way to Deal With Public Unions (blog - Mike Shedlock / Mish's Trends)
• Cities Borrow to Strengthen Their Pension Funds; Finance Experts Say Move Is Not Without Risk (Duane W. Gang / USA Today)
• 'Forensic Investigation' Financed by Union Blasts State Treasurer Raimondo's Handling of Rhode Island Pension Fund (Katherine Gregg / Providence Jo
• Unions Call for Federal Investigation of Rhode Island Pension Reform (with video - Mark Curtis / ABC 6)
• Rhode Island Treasurer Raimondo Says Siedle Report Is a 'Smokescreen' for Attack on Pension Reform (Katherine Gregg / Providence Journal)
• TUNE IN NEXT WEEK: A National Conference Online: 'Save Our Cities -- Reforming Public Pensions to Protect Public Services' (Public Sector Inc.)
• Why Investment Returns Tell You Absolutely Nothing About the Sustainability of Public Pensions (blog - Minnesota Center for Fiscal Excellence)
• More Than 50% of Illinois' Nearly 200,000 Government Pensioners Retired at Age 59 or Younger (Ted Dabrowski / Illinois Policy Institute)
• Private Sector Retirement at Age 70: Longer Periods of Lower Returns May Force This Issue (column - Michael Barry / PlanSponsor)
• AARP's Fuzzy Math on Social Security (op-ed - Andrew Biggs/ Wall Street Journal) $$
• PENSION PULSE: Will Ontario Start its Own Pension Plan? (blog - Leo Kolivakis)

October 17, 2013

• Bankruptcy Is About Politics Rather Than Math; Stockton May Go Out and Then Back Into Insolvency (column - Steven Greenhut / U-T San Diego)
• How to Stop Courts’ Blockades of Public Pension Reform (Steven Malanga / Bloomberg)
• California Mayors Sponsor Ballot Measure on Public Employee Pension Benefits (Andrew S. Ross / San Francisco Chronicle)
• San Bernardino, 4 Other City Mayors Advance California Pension Reform Plan (Gillian Flaccus / Press-Enterprise)
• San Jose Mayor Wants Ballot Measure to Let Governments Cut Pensions (Mark Anderson / Sacramento Business Journal)
• San Jose Mayor Files California Pension Reform Initiative (blog - Adam Summers / Reason Foundation)
• San Jose's Pension Reform Battle Goes Statewide (with video - Damian Trujillo / NBC Bay Area)
• California Mayors Propose Ballot Initiative to Aid Pension Reform (Keeley Webster / The Bond Buyer) $$
• CalPERS Critical of Proposed California Public Pension Reform Measure (Dan Berman / Benefits Pro)
• California Public Pension Initiative Filing: Text of Initiative and Letter to Attorney General (blog - Jon Ortiz / Sacramento Bee)
• More Quotes on California's Public Pension Reform Initiative (blog - Jon Ortiz / Sacramento Bee)
• California Pension Fight (column - Allysia Finley / Wall Street Journal) $$
• Legacy of Prop 8 Court Case Pops Up in California Pension Reform Initiative (Joel Fox / Fox & Hounds)
• San Diego's Prop. B Pension Reform Passed Filner By; Provision to Dock Pensions for Felons Not Yet Implemented (Lee Ann O'Neal / U-T San Diego)
• Hopeless Illinois Pension Plan Coming Down the Pike (Eden Martin / Chicago Sun-Times)
• Virginia Pension Board Set to OK Rates Requiring an Extra $320 Million From State Over Next 2 Years (Michael Martz / Richmond Times-Dispatch)
• Oklahoma Pension Plan Reforms Debated (Barbara Hoberock / Tulsa World)
• Poll: Two Thirds of Czechs Want Further Pension Reform (Prague Daily Monitor)
• PENSION PULSE: Pensions' Massive Bet on Rising Rates? (blog - Leo Kolivakis)

October 16, 2013

• Democratic Mayors Launch California Pension Reform Effort (Steven Greenhut / U-T San Diego)
• San Jose Mayor Files California Public Pension Reform Initiative (column - Jon Ortiz / Sacramento Bee)
• California Ballot Initiative Would Allow Public Pension Cuts (Teri Sforza / Orange County Register)
• San Jose, California's Mayor Launches Pension Reform Initiative (Jim Christie / Reuters)
• California Mayors Offer Pension Reform Ballot Measure (Alison Vekshin / Bloomberg)
• Caging the California Public Pension Monster (column - Michael Fitzgerald / Stockton Record)
• San Bernardino Mayor Joins With Others for California Pension Reform Ballot Initiative (John Woolfolk / Redlands Daily Facts)
• Statewide California Pension Reform Fight Brewing for 2014 or 2016 (editorial - Los Angeles Daily News)
• VIDEO: See San Jose Mayor Chuck Reed's Talk on Public Pension Reform at Hoover Institution (blog - Jon Ortiz Sacramento Bee)
• The Press Release and the Text of the Initiative: 'The Pension Reform Act of 2014' (Coalition for Fair and Sustainable Pensions)
• CalPERS Issues Statement on Public Pension Ballot Initiative (press release - Sierra Sun Times)
• Pension Reform Has Become a Legal Issue, But Maybe Not for Much Longer With Introduction of California Ballot Measure (Steve Eide / Public Sector Inc)
• Lodi, California Town Hall Meeting Focuses on Public Employee Pensions (Todd Allen Wilson / News-Sentinel)
• Bankrupt Stockton, California's Pension Bonds Downgraded by Moody's (Keeley Webster / The Bond Buyer) $$
• In Search of $400 Million, Kentucky Teachers Retirement Fund Will Take Forests in Lieu of Cash (Ryan Alessi / Pure Politics)
• Despite Risks, Cities Across US Borrow to Bolster Pension Funds (Duane W. Gang / The Tennessean)
• Defined Contribution Plans Have Advantages Over Defined Benefit Plans, New Report Says (Kevin McGuinness / PlanSponsor)
• PENSION PULSE: World's Best Pension Spots? (blog - Leo Kolivakis)

October 15, 2013

• Rhode Island Lawmakers Anxious Over Secret Pension Talks (Ted Nesi / WPRI-TV)
• Pension Tsunami Strikes Again in Oceanside, California (editorial - U-T San Diego)
• Moody's Lowers Stockton, California Pension Bonds Deeper Into Junk (Reuters)
• Long Beach Reaches Pension Reform Deals With Remaining Unions (Andrew Edwards / Press-Telegram)
• Corona, California Public Employees Could Pay More to Cover Their Pension Costs (Imran Ghori / Press-Enterprise)
• Pensions Discussed at Town Forum in Lodi, California (Keith Reid / Stockton Record)
• Next Reason Foundation Free Pension Reform Webinar Is Tomorrow -- Wednesday (Reason Foundation)
• Illinois Governor Hopeful Over Pension Reform (Tom Kacich / News-Gazette)
• What's Holding Up Pension Reform in Illinois? (with video - Charles Thomas / ABC Chicago)
• Pension Reform in Illinois: Time to Means Test COLAs (Ted Dabrowski / Illinois Policy Institute)
• Promotion Cost Cicero, Illinois Police Commander 2nd Pension, But He’s Happy (Becky Schlikerman and Jon Seidel / Chicago Sun-Times)
• Lawsuit Challenges Montana Pension Reform (Kevin McGuinness / PlanSponsor)

October 14, 2013

• California Pension Reform Initiative Would 'Empower’ Cities (blog - Ed Mendel / Calpensions)
• San Jose, San Bernardino to Announce Pension-Reform Plan Soon (Ryan Hagen / San Bernardino Sun)
• California Pension Reform Push Could Head to Ballot (video blog - Dan Walters / Sacramento Bee)
• Financially Troubled California Cities Must Reckon With Stockton’s Bankruptcy Deal (column - Steven Greenhut / U-T San Diego)
• California's Public Employee Pensions Are in Bad Need of a Fix (op-ed - John M.W. Moorlach / U-T San Diego)
• California's Underfunded Pensions Must Be Dealt With (op-ed - Charles Mooney / Daily Pilot)
• Vallejo, California’s Pension Plight a Lesson to Others (Dan Berman / BenefitsPro)
• Joshua Rauh Puts a Finance and Pension Class on the Web for Students of All Ages (Tara Siegel Bernard / New York Times)
• Pension Expert Joshua Rauh's Free Online Course on Pensions Starts Today (Stanford Graduate School of Business)
• EDITORIAL CARTOON: CalPERS' Burden on Cities (Lisa Benson / Washington Post Writers Group)
• A Wake-Up Call on Public Pensions in Marin County, California (column - Dick Spotswood / Marin Independent Journal)
• Marin County's Pension Fund Soars $225 Million (Nels Johnson / Marin Independent Journal)
• California Governor Brown Vetoes Public Safety Death Benefits Bill (blog - David Siders / Sacramento Bee)
• Nashvile Mayor Drops $200 Million Pension Bond Proposal (Michael Cass and Duane W. Gang / The Tennessean)
• Nashville Mayor's Pension Bond Plan Was Doomed to Fail (column - Gail Kerr / The Tennessean)
• Illinois Pension Panel Split on Proposed Fix (Kerry Lester / Peoria Journal Star)
• Detroit on the Edge (video - Bob Simon / CBS 60 Minutes)
• Dueling Narratives on Rhode Island Pension Reform: A Real Page-Turner (Edward Fitzpatrick / Providence Journal)
• Connecticut's Unfunded Pensions Are a Danger (column - Gail Lavielle / Wilton Bulletin)
• Is There a Plot Against Public Pensions? (column - Liz Farmer / Governing)
• PENSION PULSE: Pensions Ill-Prepared For a Rough Landing? (blog - Leo Kolivakis)

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