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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 state pension funds, corporate pensions, milti-employer pension funds, social security and international trends. Now in its 15th year, PensionTsunami was founded by and is edited by Jack Dean. (Contact: JackDean-at-PensionTsunami-dot-com or 916-644-0688 or @PensionTsunami)

Latest Newsclips     last updated May 24 3:37pm PST

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

May 24, 2019

• Updated at 8:30 AM (PT) :
• Moody's: Illinois Would Be Vulnerable in Recession; Report Cites Pension Woes, Low Reserves (Grant Morgan / Capitol News Illinois)
• Bethlehem, Pennsylvania's Pension Fund Is Healthy But Unsustainable, City Administrator Says (Bryan Hay / WFMZ-TV)
• Oregon Senate Passes Pension Reforms in 'Hardest Vote of Our Lives’ (Ted Sickinger / The Oregonian)
• Turkish Divestment Bill Passes California Assembly (PanArmenian.net)
• Former PBGC Director Charles Millard's Pension Proposals (podcast - Chief Investment Officer)
• As of 6:45 AM (PT) . . .
• South Pasadena's Labor Talks, Pension Costs Place Fiscal Plan in Deficit Flux (Steve Whitmore / South Pasadena Review)
• CalPERS Liability Exploding for South Pasadena (letter - South Pasadena Review)

May 23, 2019

• Oakland City Council Urges Audit of the Alameda County Sheriff; Budget Ballooning Due to Pay and Pensions (Lisa Fernandez / KTVU)
• Be a Faithful Fiduciary -- Keep Politics Out of Your Decisions When Investing Other People's Money (op-ed - Ken Blackwell / Washington Examiner)
• New Orleans Misused Millions in School Tax Dollars to Fund Pensions, Lawsuit Says (Wilborn P. Nobles III / Times-Picayune)

May 22, 2019

• LAUSD Looks for Lifeline in Measure EE as It Drowns in Debt From Employee Benefits (Jason Henry / Los Angeles Daily News)
• Unfunded Pensions & Potential Disaster -- An Interview With Brian Reynolds (video - Tyler Neville / Real Vision Finance)
• How Oregon State Pension Mismanagement Led to $26 Billion Underfunding (Edward Siedle / Forbes)
• New Jersey Pension Overhaul Proposal Faces Strong Opponents (Andrew Coen / The Bond Buyer)

May 21, 2019

• What Are Oxnard's Options to Lower Pension Costs? (Wendy Leung / Ventura County Star)
• California State Controller Updates State's Retiree Health Care Liability; Now Only $85.59 Billion (press release)
• READ THE REPORT: State of California Retiree Health Benefits Program GASB Nos. 74 and 75 Actuarial Valuation Report as of June 30, 2018 (pdf)
• Government Has Killed the Fatted Calf (column - John Derby / Merced County Times)
• New Jersey Legislators Propose Hybrid Pension System (Robert Steyer / Pensions & Investments)
• New York Pension Fund Report Doesn't Tell the Real Story; Investment Gains Fell Short (column - Greg David / Crain's New York Business)
• Connecticut Police Department Reverses Course, Switches Back to Defined Benefit Plan (James Comtois / Pensions & Investments)

May 20, 2019

• The Coming Pension Crisis Is So Big That It's a Problem for Everyone (John Mauldin / Forbes)
• Simi Valley City Council Looking at Options to Lower Pension Costs (Melissa Simon / The Acorn)
• Former City Manager and His Children Sue Redlands for Lifetime Medical Benefits (Jennifer Iyer / Redlands Daily Facts)
• A Place With Free Growth Where Everyone Is Rich (column - Rodney Johnson / Equities)
• Pension Debts Crowding Out Better School Investments (editorial - The Advocate)
• Santa Rosa to Consider Cutting Dozens of Vacant Jobs as It Wrestles With Growing Deficit (Will Schmitt / Press Democrat)
• Ventura City Council to Resume Budget Talks (Arlene Martinez / Ventura County Star)

May 17, 2019

• Pensions or Your Neighborhoods? Sacramento City Hall Fights Over How to Spend $40 Million (Theresa Clift / Sacramento Bee)
• CalSTRS Stresses the 'Importance of Acting Quickly’ to Maintain Funding Progress (Chief Investment Officer)
• Chicago Says Illinois Comptroller Wrongly Intercepting Millions in State Grant Dollars Over Pensions (Jonathan Bilyk / Cook County Record)
• Congress Urged to Act Soon on Union Pension Funding Crisis (John Manganaro / PlanSponsor)

May 16, 2019

• Lompoc Grapples With Long-Term Solutions to Its Budget Shortfalls, Burgeoning Pension Debt (Zac Ezzone / Santa Maria Sun)
• Pension Costs Have Overwhelmed School-District Budgets, Even After Years of Record Earnings by CalSTRS (editorial - Orange County Register)
• West Point Strips Decorated Army Major of His Pension for Joining Cannabis Company (Lynn Shapiro / American Legal News)

May 15, 2019

• Financial Advisers Can Help State and Local Government Workers Understand Their Imperiled Pensions (Edward Siedle / Forbes)
• Public Pension Funds Falling Short of Needed Returns This Year (Martin Z Braun / Bloomberg)
• CalPERS Health Insurance Rates Could Climb as Much as 24% Next Year (column - Wes Venteicher / Sacramento Bee)
• Lawsuit by Retired California Judges Alleges Age Discrimination in State Court Overhaul (Julie Johnson / Press Democrat)
• Marin Pension System Should Move to Defined Contribution Plan (letter - Marin Independent Journal)

May 14, 2019

• Challenging the Status Quo in Ventura (op-ed - Jim Friedman / Ventura County Star)
• California’s Education Funding Is at a Record High. So Why Are Schools Short on Cash? (John Myers / Los Angeles Times)
• Public-Sector Unions: The Other Deep State (Edward Ring / American Greatness)
• Oregon Democrats Propose Pension Reform Amid Republican Walkout (Sarah Zimmerman / Register-Guard)
• Nearly 100,000 Coal Miners at Risk of Losing Pension Money by 2022 (Jessica Wehrman , Dayton Daily News)

May 13, 2019

• Governor Boosts California's School Pension Cost Relief Plan (blog - Ed Mendel / Calpensions)
• Tax Measures Revisited Amid New Budget Shortfalls (editorial - Santa Cruz Sentinel)
• In Oakland, Money Intended to Be Used for This Being Used for That So Lights Stay on (Phil Matier / San Francisco Chronicle)

May 10, 2019

• CalSTRS Releases Valuation for 2018 (press release - California State Teachers’ Retirement System)
• Teacher Pensions: A Big Problem for Many States (blog - Mary Pat Campbell / STUMP)
• California Supreme Court Upholds Pension Reforms, But Problems Remain (Joe Barnett / Heartland Institute)
• Illinois Officials Put Great Effort Into Conning Public on Pensions (column - Jim Dey / News-Gazette)
• Arizona's State Pension Fund Delivered Subpar Returns. Then It Gave Executives an Extra $120,000 (Craig Harris & Anne Ryman / Arizona Republic)
• Is There Really a Retirement Crisis? (Christine Benz interviews Aron Szapiro / Morningstar)
• Rhode Island: St. Joseph’s Failed Pension Fund Pushed Into Federal Control; Controversial Move Is Unprecedented (GoLocalProv)
• Another Union Pension Plan Approved for Benefit Cuts (blog - John Bury / Burypensions)
• Sanders Promises to Block Cuts to Pension Benefits if Elected (Max Greenwood / The Hill)
• Follow @PensionTsunami on Twitter

May 9, 2019

• 35 El Dorado County Retirees Now Raking in Six Figure Pensions; County's Unfunded Obligation to CalPERS Is $346 Million (Village Life)
• Citizen Reformers Set to Transform Oxnard’s Politics (Edward Ring / FlashReport)
• Pensions Have Tripled Their Investment in High-Risk Assets. Is It Paying Off? (Liz Farmer / Governing)
• Pension Fund Returns Show Risk Doesn’t Always Equal Reward -- Fitch (Rob Kozlowski / Pensions & Investments)

May 8, 2019

• You May Be on the Hook for Public Pensions if CalPERS Goes Down (Tim Lantz / KFBK Radio)
• Riverside County Supervisors Tap Reserves for $22 Million Shortfall; County Has $300 Million in Unfunded Pension Liabilities(Sam Metz / Desert Sun)
• As Public Pensions Pile on More Risk, Returns Fail to Keep Pace (Martin Z Braun / Bloomberg)
• Higher Risk Not Translating to Similar Returns for US Pensions (press release - Fitch Ratings)
• READ THE REPORT: US State and Local Pension Investments -- Concerns Grow With Riskier Allocations, Lower Returns (Fitch Ratings)

May 7, 2019

• Marin Municipal Water District's Pensions Illustrate Larger Problem Taxpayers Face (op-ed - Bob Bunnell / Marin Independent Journal)
• Santa Monica to Go Into the Red Over the Next Decade as It Pays Off $448 Million in Underfunded Pensions (Cailley Chella / Santa Monica Mirror)
• Novato Fire Board Approves Parcel Tax Increase (Will Houston / Marin Independent Journal)
• Warren Buffett Warns Movers to Avoid States With Large Unfunded Pension Liabilities (Anil Niraula / Catalyst)
• Resolution on Feds' Retirement Benefit Laws Passes California Senate (press release - State Senator Scott Wilk)
• Illinois State Pension Hole Hits Record $133.5 Billion (column - Greg Hinz / Crain's Chicago Business)
• Bill Would Let Retired Municipal Police Collect Pensions While Double-Dipping as School Security Personnel (column - Jon Lender / Hartford Courant)

May 6, 2019

• California Pension Costs Keep on Climbing (editorial - Press Democrat)
• Reforming Brazil's Pensions Is an Urgent Priority, Because They Account for 50% of Its Federal Budget (Ryan Berg / National Interest)

May 5, 2019

• Alarming Data Shows California's Public Employee Pension Crisis Worsening (editorial - Santa Cruz Sentinel)

May 4, 2019

• Whittier’s Budget Giving Off Serious Déjà Vu With $3 Million Deficit Caused by Rising Pension Costs (Mike Sprague / Whittier Daily News)
• California’s Pension Debt Is Harming Teachers and Students Now -- and It’s Going to Get Worse (Cory Koedel / Brookings Institution) )

May 3, 2019

• City of Oakland's Unfunded Pension and Medical Retiree Liabilities Total More Than $2.7 Billion (Rockridge Patch)
• California Pension Costs Creating State-Wide Fiscal Crisis (George Lasse / Culver City Observer)
• High Prescription Drug Prices Hit California's Pension Plans, Hurt State and Local Taxpayers (op-ed - Marc Joffe / Orange County Register)
• San Luis Obispo City Retirees Receive Average Pension of $90,000 a Year (Josh Friedman / Cal Coast News)
• Alvord Unified School District Cuts 66 Employees So It Can Pay Next Year’s Bills (Ryan Hagen / Press-Enterprise)

May 2, 2019

• City of Oxnard Pension Contributions Set to Double by 2024 (Edward Ring / California Policy Center)
• Could All Measure U Funds Go to Pensions? 'That’s Just Not Accurate,’ City Manager Says (Theresa Clift / Sacramento Bee)
• Federal Lending to Insolvent Pension Plans Is Code for Bailout (Alex Pollock / Real Clear Markets)

May 1, 2019

• Sacramento Mayor Promised Tax Money for Your Neighborhood. Now Leaders Want Millions for Pensions (Theresa Clift / Sacramento Bee)
• Palm Springs Councilwoman Appointed to CalPERS Board of Administration (MyNewsLA.com)
• Rhode Island's Locally Run Pension Plans Have $2.5 Billion in Unfunded Liabilities, Says State Treasurer (Katherine Gregg / Providence Journal)

April 30, 2019

• Berkeley, California Prioritizes Employee Pensions Over Capital Improvements (editorial - Berkeleyside)
• Encinitas, California's $100,000 Pension Club Membership Rises to 25 (Encinitas Undercover)

April 29, 2019

• California's Rising School Pension Costs Cut Programs and Pay (blog - Ed Mendel / Calpensions)
• Congress's Public Policy Problem From Hell (editorial - Washington Post)

April 28, 2019

• China’s State Pension Fund Could Run Out of Funds by 2035 (Michael Katz / Chief Investment Officer)
• China's Pension Crisis (Chriss Street / American Thinker)

April 27, 2019

• San Bernardino Departments Told to Cut 7% From Budgets (Brian Whitehead / San Bernardino Sun)
• With $10 Million Shortfall, Oxnard Prepares Employees for Upcoming Layoffs (Wendy Leung / Ventura County Star)
• Social Security Costs Are Projected to Surpass Income Next Year, Report Says (Brian Croce / Pensions & Investments)
• Report: Absent Reform, Retirement Benefits Will Eat Over Half of Illinois’ Taxes (Adam Schuster / Illinois Policy)

April 26, 2019

• School Spending Popular, Taxes Not So Much (Dan Walters / CALmatters)
• City, County Must Still Pay $618,000 in Pension Obligations for Ex-TCEDA Employees (Alex MacLean / Union Democrat)
• Morgan Stanley Pays California Pension Funds $130 Million Over Charges It Misled CalPERS, CalSTRS (column - Wes Venteicher / Sacramento Bee)

April 25, 2019

• California's 6-Figure Pension Club Has Doubled in Size Since 2012 (Eric Boehm / Reason)
• Pending Financial Shortfalls Trigger Job Cuts at City Hall (Madeleine Pauker / Santa Monica Daily Press)
• Retirees Living Longer Expected to Add to Pension Costs (Bruce Schreiner / Associated Press)
• Illinois Group Wants Consolidation of 650-Plus Downstate Public Pension Funds (Chris Butera / Chief Investment Officer)

April 24, 2019

• Sacramento Politicians Play Santa Claus While California's Pension Problem Gets Worse (editorial - Pasadena Star-News)
• Santa Monica Should Immediately Boost Annual Pension Payments, Top Finance Official Recommends (Jorge Casuso / Santa Monica Lookout)
• Bernie Sanders Draws a Mayoral Pension — His Campaign Co-Chair Rep. Ro Khanna Once Blasted Such 'Double-Dipping’ (Dan Mangan / CNBC)

April 23, 2019

• CalPERS $100,000 Pension Club Has More Than Doubled Since 2012, New Data Show (Transparent California)
• Why Vermont's Pension Pressures Mean Other Projects Won't Get Funded (Jane Lindholm & Matthew F. Smith / Vermont Public Radio)

April 22, 2019

• US Fed Should Buy Municipal Bonds to Fight the Next Recession (Brian Chappatta / Bloomberg)
• MBTA Pensions on Fast Track to Hack Heaven (column - Howie Carr / Boston Herald)

April 21, 2019

• San Diego's Great Pension Dilemma of 2019 (podcast - Voice of San Diego)
• An Open Letter to California’s Senate Education Committee (David Crane / Medium.com)
• Here's What a State Takeover Would Mean at Sacramento City Unified School District (video - Sacramento Bee)

April 20, 2019

• The Tax Watchers: How Do We Get Out of Our Pension Hole? (John Takeuchi / Daily Republic)
• Pain in the 21st Century to Fix Problems From 20th (editorial - East Oregonian)

April 19, 2019

• Today's Headlines as of 7:15 AM (PT) . . .
• Palo Alto Considering Millions of Dollars in Raises to SEIU Workers (Allison Levitsky / Palo Alto Daily Post)
• Palo Alto Teachers Are in Line for a Raise and a Bonus (Allison Levitsky / Palo Alto Daily Post)
• New Website Tracks $1.5 Billion in Public Union Political Spending (LaborPains.org)

April 18, 2019

• Today's Headlines as of 6:55 AM (PT) . . .
• The Fine Art of Kicking the Pension Can Down the Road (Mitchell I. Serota / Wirepoints)
• Vallejo Police Chief Backs Away From Plan to Retire and Serve in Interim Role (Sarah Ravani / San Francisco Chronicle)
• One in Three MBTA Retirees Last Year Was Under 55, Putting Another Strain on Its Pension Fund (Matt Stout / Boston Globe)

April 17, 2019

• Today's Headlines as of 7:15 AM (PT) . . .
• CalPERS Bill for California State Worker Pensions Set to Reach $7 Billion Next Year (column - Wes Venteicher / Sacramento Bee)
• No, California's Finances Are Not Back in the Black (Patrick Gleason / Forbes)

April 16, 2019

• Today's Headlines as of 7:35 AM (PT) . . .
• Here’s How Much Public Pensions Are in the Hole by Per Resident (Michelle Jones / ValueWalk)
• New Report Claims State Pensions Are in Worst Shape (Gary St. Fleur / ValueWalk)
• What Maryland Can Learn From Michigan’s Successful Public Pension Reform (James Hohman & Carol Park / Washington Post)

April 15, 2019

• Today's Headlines as of 6:20 AM (PT) . . .
• How a CalPERS-Sponsored Bill Increased Pensions (blog - Ed Mendel / Calpensions)
• Divestiture Politics Roils California Pensions, Investments (Christine Shingleton / Capitol Weekly)

April 14, 2019

• Infrastructure or Pensions? States Only Choosing One (Peter Reagan / Newsmax)

April 13, 2019

• 15 US Cities Facing Financial Distress (Brittney Mayer / BadCredit.org)
• Happy Birthday, Thomas Jefferson!

April 12, 2019

• Today's Headlines as of 5:10 AM (PT) . . .
• Vallejo Police Chief Will Get a Pension Worth About $19,000 a Month. But Wait, There’s More ... (Otis R. Taylor Jr / San Francisco Chronicle)
• NEW WORKING PAPER: The Growth of Public Employees' Salaries and Benefits, 1998-2017 (andrew G. Biggs / American Enterprise Institute)
• READ THE PAPER: The Growth of Public Employees' Salaries and Benefits, 1998-2017 (pdf - Andrew G. Biggs / American Enterprise Institute)
• Analysis of the AEI Working Paper on Public Employee Salary and Benefits Growth (blog - John Bury / Burypensions)
• 10-Year Equity Rally Isn’t Enough to Raise Public Plans’ Funded Status (Arleen Jacobius / Pensions & Investments)
• Others Notice That a Long Bull Market Hasn't Improved Public Pension Fundedness (blog - Mary Pat Campbell / STUMP)
• How About 'Let the People Vote' -- on Pensions, Term Limits and Remap? (editorial - Chicago Tribune)
• China Pension System Set to Dry Up by 2035, Think Tank Says (Bloomberg News)

April 11, 2019

• Today's Headlines as of 5:10 AM (PT) . . .
• Why the Longest Bull Market Has Failed to Fix the Nation's Public Pension Funds (Heather Gillers / Wall Street Journal)$$
• CalPERS Investment Committee Rejects Tobacco Reinvestment Again (Randy Diamond / Chief Investment Officer)
• Pension Bridge: 3 State Pension Plans Bare All on Funding Messes (Chris Butera / Chief Investment Officer)

April 10, 2019

• Today's Headlines as of 6:20 AM (PT) . . .
• Growing US Public Pension Crisis an 'Existential Financial Threat' (Emel Akan / The Epoch Times)
• Senators Propose Bill Establishing Employer Contributions to Worker Savings Accounts (Brian Croce / Pensions & Investments)
• Sens Klobuchar, Coons Introduce Retirement Savings Improvement Act ( Brainerd Dispatch)
• Tempers Fray, Tensions Rise Over Brazil’s Pension Reforms (Paulo Trevisani & Samantha Pearson / Wall Street Journal)

April 9, 2019

• Today's Headlines as of 5:00 AM (PT) . . .
• Novato’s Pension Trust Is a Good Step, But More Needs to Be Done (editorial - Marin Independent Journal)
• The Pentagon's Accounting Problem (blog - Christopher A. Preble / Cato Institute)

April 8, 2019

• Today's Headlines as of 6:15 AM (PT) . . .
• Will CalPERS Board Shake-Up Continue This Year? (blog - Ed Mendel / Calpensions)
• CalSTRS Pension Proposals (pdf - California Legislative Analyst's Office)

April 5, 2019

• Today's Headlines as of 7:30 AM (PT) . . .
• The California Rule Will Lead to the Golden State's Unruly Demise if Not Overturned (Joe Mathews / Desert Sun)
• School and Pension Costs in California: What Can Be Done? (video - EdSource)
• California's School Pension Crisis: Who Pays and What Could Be Done? (webinar - EdSource)
• States Need to Spend on Infrastructure. Pension Shortfalls Are Getting in the Way. (Randall W. Forsyth / Barron's)$$
• Miners and Retirees from West Virginia, Ohio, Kentucky, and Virginia Learn About Legislation to Save Pensions (WSAZ-TV)

April 4, 2019

• Today's Headlines as of 6:30 AM (PT) . . .
• Credit Rating Agencies Concerned About California Pension Costs (Chris Reed / Fox & Hounds)
• Why Is San Diego's Pension Settlement Estimate So Much Money? (Edward Ring / Flash Report)
• A Crackdown on Misuse of Taxpayer Money? (Dan Walters / CALmatters)
• What Cities' Revenue-Raising Methods Say About Their Pension Funding (Mike Maciag / Governing)

April 3, 2019

• Today's Headlines as of 8:00 AM (PT) . . .
• Bugs in California’s K-12 System (David Crane / Medium.com)
• Rising Pensions Costs Are Crippling Nevada's School Districts (editorial - Las Vegas Review-Journal)
• BMW Freezes Pension Plans for US Employees; Shifts to 401(k)-Style Plans for All (Anna B. Mitchell / Greenville News)

April 2, 2019

• Dealing With Family Medical Issues Again Today . . .

April 1, 2019

• Today's Headlines as of 7:30 am (PT) . . .
• Another Court’s Pension Punt Hurts Reform Prospects and Voting Rights (editorial - Orange County Register)
• State Pension Unfunded Liabilities Nearly $6 Trillion (Michael Katz / Chief Investment Officer)
• Novato Creates Trust Fund to Ease Pension Jam (Will Houston / Marin Independent Journal)
• Today's Headlines as of 1:00 am (PT) . . .
• Reforms Are Crucial for California's Public Pension System to Be Sustainable (op-ed - Bob Bunnell / Marin Independent Journal)
• California Cities Struggle to Cut Retirement Health Care Costs (blog - Ed Mendel / Calpensions)
• Beware the Coming Tax Grab by Politicians (editorial - Santa Cruz Sentinel)
• Modern Markets & US Pension Funds Having a Gallipoli Moment (Lee Adler / Sure Money Investor)
• No Kidding: Four Orange County Cities Boost Sales Taxes on April Fools’ Day (Susan Christian Goulding / Orange County Register)
• A Lesson in Fiduciary Responsibility for Jamie Dimon (Christopher Burnham / Forbes)
• Are US Pensions Funding Human Rights Violations and Cyber Espionage? (Fan Yu / The Epoch Times)
• GOLDEN OLDIE: Why Don’t Pension Funds Divest From All Arms Companies? (John Seiler / CalWatchdog)
• BLOG: STUMP by Mary Pat Campbell
• BLOG: Burypensions by John Bury
• BLOG: Pension Pulse by Leo Kolivakis

March 31, 2019

• How Public Pensions Could Trigger the Next Financial Crisis (Michelle Jones / ValueWalk)
• Bring Pensions Back: San Diego Mayoral Rivals All Aboard (Scott Lewis & Andrew Keatts / Voice of San Diego)

March 29, 2019

• State Pensions Plans Are in Bad Shape But Reforms Can Help (Adam Millsap / Forbes)
• Riverside County and Union Agree to Compromise, Reduce Size of Wage Increases (Sam Metz / Palm Springs Desert Sun)
• Filling California's Big Public Pension Holes (Chase Difeliciantonio / North Bay Business Journal)
• Californians Worry About Public Pensions, But Not as Much as They Used to (column - Wes Venteicher / Sacramento Bee)

March 28, 2019

• Appeals Court Tells San Diego to Pay Workers Who Don’t Have Pensions (David Garrick / San Diego Union-Tribune)
• School and Pension Costs in California: What Can Be Done? (video - EdSource)

March 27, 2019

• California State Appeals Court Orders San Diego to Pay City Workers Over Pension Case (KUSI)
• California State Appeals Court to City of San Diego: Pay Up (Jeff Powers / IVN)
• PENSION PULSE: A Discussion With CalPERS's New CIO (blog - Leo Kolivakis)
• Disputed San Diego Pension Change Won't Be Undone by Court (Jacklyn Wille / Bloomberg Law)
• City of Oakland Wins Appeal in Suit With Retired Police Officers (Bay City News Service / San Francisco Chronicle)
• California Supreme Court Delivers Limited Victory for Pension Reform (Lou Cannon / Noozhawk)

March 26, 2019

• NEW REPORT: Unfunded Liabilities of State Pension Plans Now Total over $5.9 Trillion (American Legislative Exchange Council)
• Chuck Reed Plans to Continue Working on Statewide California Pension Reform (Carina Woudenberg / San Jose Sporlight)
• Connecticut Has Lowest Pension Funding in the Country, According to Report (Marc E. Fitch / Yankee Institute)
• Virginia Pension Fund in Trouble if Market Meltdown Hits (Alan Suderman/ Associated Press)

March 25, 2019

• How Fast Can CalPERS’s $360 Billion Grow? (John Gittelsohn / Bloomberg)
• New Data Detail Soaring Costs of California School Pensions (John Fensterwald / EdSource)
• San Mateo Officials Grapple With Expected Deficit (Anna Schuessler / Daily Journal)

March 22, 2019

• Again Today, No Headlines Due to That Family Health Issue

March 21, 2019

• No Headlines Today Due to a Family Medical Emergency

March 20, 2019

• Sonoma County Lawsuit Probes Legality of Boom-Times Pension Benefit Increase (column - Wes Venteicher / Sacramento Bee)
• READ THE BRIEF on Appeal in the Sonoma County Pension Case (pdf - California Policy Center)
• Warwick, Rhode Island Faces Big Bill After Losing Case on Firefighter Pensions (Mark Reynolds / Providence Journal)

March 19, 2019

• Instead of Fighting for Doomed San Diego Pension Measure, Why Not Seek New One? (editorial - San Diego Union-Tribune)
• What Happens Now That the US Supreme Court Told the City to Deal With Its Own Pension Mess (Scott Lewis / Voice of San Diego)
• New CalPERS Leader Wants Pension Fund to Put Its Money Back Into Tobacco (column - Wes Venteicher / Sacramento Bee)
• Public Pensions and Social Trust (Elizabeth Bauer / Forbes)
• PENSION PULSE: Wisconsin's Big Public Pension Cheese? (blog - Leo Kolivakis)
• Pusillanimous in Sacramento (David Crane / Medium.com)
• CalPERS Moving Forward With $20 Billion Expansion of Its Private Equity Investments (column - Wes Venteicher / Sacramento Bee)
• PENSION CONFERENCE THURSDAY IN LOS ANGELES: Overcoming the Current Pensions Crisis: Building a Better Future (Public Policy Exchange)
• US Supreme Court Deals San Diego a Blow on Public Pension Reform (Chris Jennewein / Times of San Diego)
• Sacramento Unified School District on Verge of Insolvency While Superintendent Takes $35,000 Junket to Harvard (Katy Grimes / California Globe)

March 18, 2019

• BREAKING @ NOON: US Supreme Court Won't Intervene in San Diego Pension Case (David Garrick / San Diego Union-Tribune)
• A Tale of Two Cities and Blocked Pension Reforms (blog - Ed Mendel / Calpensions)
• California Public Pension Benefit Lawsuits Being Watched Nationwide (Arleen Jacobius / Pensions & Investments)
• Monterey County’s Financial Forecast Is Less Dire This Year, But CalPERS and Other Costs Are Looming (Pam Marino / Monterey County Weekly)
• South Pasadena City Budget Facing $1 Million Deficit; Cuts, Taxes on Horizon ( Steve Whitmore / South Pasadena Review)
• Cliffwater: US State Pension Fund Returns 'Badly Trail’ Aggregate Assumed Rate of Return (Christine Williamson / Pensions & Investments)
• DOWNLOAD THE REPORT: An Examination of State Pension Performance 2000-2018 (Cliffwater)
• Who's Behind Phoenix's Latest Pension Ballot Measure, and What Would It Do? (Jessica Boehm / Arizona Republic)
• 'Best of the Worst Options.’ Pension Relief Bill for Universities, State Agencies Progresses (Kentucky Press News Service)
• Trump Administration Proposes Eliminating Pensions for Some New Feds (Erich Wagner / Government Executive)

March 17, 2019

• Texas Supreme Court Affirms Cuts to Future Public Pension Benefits (JD Supra)
• Dallas Pension Fund Wins Court Ruling Allowing It to Pare Return to Beneficiaries (Chris Butera / Chief Investment Officer)
• GOLDEN OLDIE: Jerry Brown Predicts 'Fiscal Oblivion’ if Pensions Are Off Limits for Government Employers (column - Ashton & Chance / Sacramento Bee)

March 16, 2019

• A New Approach to Pension Reform Goes to Appellate Court (Edward Ring / California Policy Center)
• San Diego Awaits Two Big Decisions on Prop B Pension Reform (Andrew Bowen / KPBS)

March 15, 2019

• We Will Be Paying California's Unfunded Pension Liabilities for Many Years (column - Dick Spotswood / Marin Independent Journal)
• One Thing Congress Gets Right: Funding Their Own Pensions... (Simon Black / Zero Hedge)

March 14, 2019

• Carl DeMaio on San Diego’s Pension Reform Initiative (video - Jonathan Halvorson / KUSI-TV)
• Bill Would Hide Names of Government Pension Recipients (Richard Karpel / Nevada Appeal)
• Do Not Shroud Nevada's Public Pensions in Secrecy (Thomas Mitchell / Mesquite Local News)
• Pension Underfunding Policy Lands Birmingham, Alabama a Bond Rating Downgrade (Shelly Sigo / The Bond Buyer)$$
• 4th Quarter Dealt a Heavy Blow to Corporate Pension Plans (David McCann / CFO.com)

March 13, 2019

• CalPERS Says No to Legislation Forcing It to Divest From Private Prisons (Randy Diamond / Chief Investment Officer)
• Courts Tackle San Diego Pension Reform Initiative; Lawsuits Hit Supreme Court, Local Courts This Week (ABC San Diego)
• California State Workers in L.A., San Francisco Should Be Paid More, Says State Report (column - Wes Venteicher / Sacramento Bee)

March 12, 2019

• Appeals Court Debates Possible Resolutions to San Diego Pension Case (David Garrick / San Diego Union-Tribune)
• Rating Agencies Weigh in on California Pension Ruling (Keeley Webster / The Bond Buyer)$$
• Shortfalls in Funding State Government Employee Pensions (Craig Eyermann / Independent Institute)
• 'Go North, Young Man,' to the Wisconsin Public Pension System (Elizabeth Bauer / Forbes)
• Dangerous Bill Would Hide Names of Nevada's Government Pension Recipients (op-ed - Richard Karpel / Reno Gazette Journal)
• Accounting Watchdog Group Objects to GASB Proposal (Michael Cohn / Accounting Today)
• As Budget Deficit Balloons, Few in Washington Seem to Care (Andrew Taylor / Fox Business)
• New York City Is Edging Toward Financial Disaster, Experts Warn (John Aidan Byrne / New York Post)

March 11, 2019

• California's New Pension-Cut Rulings Begin With Little Change (blog - Ed Mendel / Calpensions)
• Supreme Court Ruling Praised by Both Sides of California Pension Debate (Chris Reed / CalWatchdog)
• What the Pension Ruling Means for California’s Taxpayers (op-ed - Jon Coupal / Orange County Register)
• Around the Pension-O-Sphere: Jane the Actuary, ESG, California Rule, and More (blog - Mary Pat Campbell / STUMP)

March 10, 2019

• California Supreme Court Boots a Big Pension Punt (Steven Greenhut / American Spectator)

March 9, 2019

• Pension Reformers Pleased With California Supreme Court’s Pension Ruling (op-ed - Jody Morales / Marin Independent Journal)
• Pentagon Plans to Tap Military Pay, Pensions for Border Wall (Andrew Taylor & Lisa Mascaro / Associated Press)

March 8, 2019

• California Supreme Court Issues Narrow Ruling on Public Pension Benefits (video - Emily Erwin / Bakersfield Now)
• Thumbs Down: California Supreme Court Leaves Big Question Unanswered (editorial - Press-Democrat)
• California’s High Court Upholds a Pension Reform But Sidesteps a Bigger Challenge (editorial - San Francisco Chronicle)
• Coachella Valley Unified School Board Lays Off 81 Employees, Citing $6.8 Million Deficit (Joseph Hong / Palm Springs Desert Sun)
• Oakland Caltrans Worker Retires With $405K in Unused Vacation. That Wasn't Tops in California. (Melody Gutierrez / San Francisco Chronicle)
• Tax Critics Calling for Pension Reform After Retired California State Worker Gets $400,000 for Unused Vacation (Eric Thomas / KGO-TV)
• Shell Game Continues for Funding Oroville's Pensions (letter - Enterprise-Record)
• Warren Buffet Tells Pensions and Endowments to Cut Management Fees (Chris Butera / Chief Investment Officer)

March 7, 2019

• Rising Tide of Pension Costs Threatens Government Services in California: Is 'Underwater' Unavoidable? (Climate Online Redwood City)
• California Rule Does Not Protect 'Airtime' (Edward Ring / Flash Report)
• California Public Pension Reformers Win a Battle, Not the War (Elizabeth Bauer / Forbes)
• California State Workers Hoarding Vacation Days, Creating $3.5-Billion Debt for Taxpayers (Melody Gutierrez / Los Angeles Times)
• Governments Struggle to Find a Way to Pay Retirement Pension Bills (audio - Andrew Schneider / WFAE-FM)
• The Struggle for Coal Miners’ Health Care and Pension Benefits Continues (Simon F. Haeder / The Conversation)

March 6, 2019

• An Initiative Is the Way to Bring Sense to the 'California Rule' (Joel Fox / Fox & Hounds)
• California Supreme Court Ducks Key Pension Issue (Dan Walters / CALmatters)
• Wisconsin's State Employees and Taxpayers Share the Risks of Financing Retirement (Justin Fox / Bloomberg)
• Will Congress Fix Pension Crisis Before Coal Miners’ Pensions Disappear? (Jacob Wolinsky / ValueWalk)
• The Cost of Inaction: Why Congress Must Address the Multiemployer Pension Crisis (blog - John Bury / Burypensions)
• PENSION PULSE: CalPERS's New CIO on Private Equity? (blog - Leo Kolivakis)
• Those Evil Billionaires . . . Who Blue States Depend on (blog - Mary Pat Campbell / STUMP)

March 5, 2019

• California Supreme Court Punts on Pension Rule; Newsom Ducks (column - Daniel Borenstein / Mercury News)
• California Supreme Court Rejects a Benefit, Punts on Larger Pension Question (editorial - Orange County Register)
• What Does the California Supreme Court Pension Ruling Mean for You? (column - Wes Venteicher / Sacramento Bee)
• California Supreme Court Curbs a Pension Benefit but Preserves 'California Rule’ (Maura Dolan / Los Angeles Times)
• California Supreme Court Upholds Piece of Former Gov. Jerry Brown’s Pension Reform Law (Teri Sforza & Tony Saavedra / Press-Enterprise)
• Everyone Is Saying They Just Won a Big Court Case on Pensions. What Does That Mean for You? (Judy Lin / California Public Radio)
• California Supreme Court Dodges a Hard Call in Pension Ruling (Scott Shackford / Reason)
• California High Court Rules Against Public Employees on Pension Benefits (Bob Egelko / San Francisco Chronicle)
• California Court Approves Retiree Cut But Keeps Larger Worker Protections in Place (Heather Gillers / Wall Street Journal)
• Marin County Union Pension Litigants Dissatisfied With Supreme Court Ruling (Richard Halstead / Marin Independent Journal)
• State Senator John M. W. Moorlach Reacts to California Supreme Court Pension Decision (press release)
• California Pension Ruling Skips Test of Constitutional Protections (Karen Pierog / Reuters)
• California Supreme Court Rules in Favor of Pension Benefit Cuts (Randy Diamond / Chief Investment Officer)
• California Supreme Court Rules Against Union in Pension Reform Case But Further Reforms in Doubt (press release - Howard Jarvis Taxpayers Association)
• California Supreme Court Stops Short of Allowing School Districts to Modify Existing Pensions (John Fensterwald / EdSource)
• WEBINAR MARCH 6: California's School Pension Crisis (EdSource)
• INTERACTIVE MAP: Changes in Pension Costs for California School Districts (EdSource)
• SEARCHABLE DATABASE: California School Districts' Rising Employee Pension Costs (Phillip Reese & Daniel J. Willis / EdSource)
• California Supreme Court Cuts Pension 'Air Time,’ But Preserves 'California Rule’ (Katy Grimes / California Globe)
• California Wins a Narrow Ruling on Pension Benefits (Keeley Webster / The Bond Buyer)$$
• California High Court Upholds End to Pension Perk (Maria Dinzeo / Courthouse News Service)
• California Justices Punt on Major Revamp of State Pension Rules (Cheryl Miller / The Recorder)
• State Supreme Court: Ability to Buy Pension Credits Not a Core Right (Tori James / My Mother Lode)
• Oxnard City Manager Accuses CalPERS of 'Screwing the Pooch' in Many Cities (Chris Frost / Tri County Sentry)
• Novato, California Selects Group to Establish Pension Trust Fund (Will Houston / Marin Independent Journal)
• The Drastic, Risky, Measures to Fix America's Brokest Pension Systems (Liz Farmer / Governing)

March 4, 2019

• BREAKING: California Public Employees’ Pension Perks Can Be Taken Away, Supreme Court Rules (Wes Venteicher / Sacramento Bee)
• BREAKING: California High Court Upholds Pension Rollback (Sudhin Thanawala / Associated Press)
• READ THE DECISION: Cal Fire Local 2881 v. CalPERS (pdf)
• California Supreme Court to Decide Whether Government Can Cut Pensions (Maura Dolan / Los Angeles Times)
• California Justices to Rule Today on Closely Watched Pension Suit (Sudhin Thanawala / Associated Press)
• TODAY AT 10:00 AM (PT): The California Supreme Court's Opinion on Cal Fire Local 2881 v. CalPERS Will Appear on This Page: CLICK HERE
• CalPERS Can’t Get Enough of Its Top-Earning Asset (blog - Ed Mendel / Calpensions)
• Turlock, California Faces Tough Choices as Spending Exceeds Revenue (Kevin Valine / Modesto Bee)
• A Crackdown on Misusing Public Funds for Campaigns in California? (Dan Walters / CALmatters)
• Collective Bargaining for Nevada's State Government Workers Would Bust the Budget (op-ed - Andrew G. Biggs / Las Vegas Review-Journal)
• Time to Go Direct (Christopher P. Casey / Pensions & Investments)

March 3, 2019

• If All Goes Well, Ventura's Pension Debt Should Level Off in 30 Years (Arlene Martinez / Ventura County Star)
• MONDAY AT 10:00 AM: The California Supreme Court's Opinion on Cal Fire Local 2881 v. CalPERS Will Appear on This Page: CLICK HERE
• Pension Secrecy Bill Gets Hearing Before Nevada Senate Committee (Colton Lochhead / Las Vegas Review-Journal)
• On the Cusp of Catastrophe, California Has No Margin for Error (Victor Davis Hanson / Daily Signal)
• UNSUSTAINABLE: Chicago Has More Retired Cops Collecting Pensions Than Active Cops on the Streets (Nancy Mathieson / Wirepoints Illinois)
• UNSUSTAINABLE: Many Cook County Pension Funds Have More Retirees Collecting Than Workers Paying In (press release - Cook County Treasurer's Office)
• UNSUSTAINABLE: New York City Has More Retired Cops Collecting Pensions Than Active Cops on the Streets (op-ed - Nicole Gelinas / New York Post)

March 2, 2019

• California Supreme Court Will File Pension Opinion Monday Morning (blog - Horvitz & Levy)
• Oxnard Begins the Conversation: How to Tackle Growing Pension Liabilities? (Wendy Leung / Ventura County Star)
• Impact on Marin County of Public Pensions, Development, California Politics Will Be the Focus of March 27 Event (North Bay Business Journal)
• Legislation Allowing Kentucky’s Regional Universities to Exit DB Pension Plan Moves Forward (Jacqueline Pitts / The Lane Report)
• After Hearing From Taxpayers, Louisville Metro Council Seeking Alternative Plan to Pension Crisis (Chad Mills / WDRB)

March 1, 2019

• Society of Actuaries’ Longevity Tables Show Public Pension Participants Living Longer Than Those in Private-Sector (Nick Thornton / BenefitsPro)
• The Looming $78 Trillion Pension Crisis (Allison Schrager / Quartz)$$
• The Phony Retirement Crisis (op-ed - Andrew Biggs / Wall Street Journal)$$
• Convicted Former Pasadena Police Lieutenant Still Eligible for a Pension (Eddie Rivera & James Macpherson / Pasadena Now)
• Pension Obligation Bonds No Panacea for State Budget Liabilities (blog - Ivan Osorio / Competitive Enterprise Institute)
• Before Oregon Diverts Tax Rebates to Its Pension Fund It Should Make Lasting Pension Reforms (Marc Joffe / Reason)
• Baby Boomer Labor Force Rebounds (blog - Kim Blanton / Squared Away)

February 28, 2019

• Warren Buffett Warns Companies to Avoid States With Unfunded Pension Liabilities (Jacqueline Pitts / The Lane Report)
• Sen. Hueso's Bill Would All but Abolish California Citizens' Rights to Public Documents (op-ed - Robert Fellner / Voice of San Diego)
• Three Steps to Fixing Illinois' Pension Crisis (Elizabeth Bauer / Forbes)
• Pension Fix: Change the Illinois Constitution (letter - Chicago Tribune
• Gov. Sisolak Latest to Be Enveloped by Nevada’s Pension Fog (Robert Fellner / Nevada Policy Research Institute)

February 27, 2019

• Tough Times Greet New CalPERS CIO (Sarah Rundell / Top 1000 Funds)
• Why Is There Always Enough Money for Huge Pensions and Raises Yet Never Enough to Maintain the Streets? (letter - Chico Enterprise-Record)
• Southern California's Charter Oak Unified School District Sued for Public Records Law Violation (press release - Transparent California)
• GOLDEN OLDIE: Why Fresno Avoided Bankruptcy, Unlike Stockton (blog - Ed Mendel / Calpensions)
• Three New Governors Face Three Old Pension Disasters (Brian Chappatta / Bloomberg)
• Chicago's Next Mayor Can't Dodge Tax Pain Needed for Pension Fix (Danielle Moran / Bloomberg)
• MBTA Pension Fund Faces Hard Times After 2018 Losses (Chris Lisinski / Salem News)
• MBTA Pension System Operates Like a Ponzi Scheme (editorial - Boston Globe)
• Pension Fund for Fort Worth Employees Saved by Overwhelming Vote in Support (CBS 11)

February 26, 2019

• CalPERS CIO Says Pension Plan Must Create New Private Equity Organization (Randy Diamond / Chief Investment Officer)
• Fresno Has a Message San Francisco Needs to Hear (John Kabateck / Fox & Hounds)
• EDITORIAL CARTOON: Illinois' Public Pension Crisis (Eric Allie / Illinois Policy)

February 25, 2019

• L.A. Hides Health Care Costs for Individual Employees in Apparent Violation of State Law (Jason Henry / Los Angeles Daily News)
• State Pensions Still Unsustainable (editorial - Post and Courier)
• New Policymakers May Revisit Michigan's Pension Tax (op-ed - James M. Hohman / Detroit News)
• S&P to Illinois Gov. Pritzker: Pension Reform Only Way to Avoid 'Junk' Credit Rating (Vincent Caruso / Illinois Policy)

February 24, 2019

• Raiding Your 401(k) to Pay for Public Employees' Pensions (editorial - Las Vegas Review-Journal)
• Why Have Federal Agencies Been Stockpiling $1.5 Billion in Guns and Ammunition? (Adam Andrzejewski / Forbes)
• READ THE REPORT: Purchases and Inventory Controls of Firearms, Ammunition, and Tactical Equipment (United States Government Accountability Office)

February 23, 2019

• CalPERS Sank Millions Into National Enquirer? That's a Financial Crime, Not a Political One (column - Jon Healey / Los Angeles Times)
• Are Illinois Public Retirement Systems Pension Funds or Pyramid Schemes? (Elizabeth Bauer / Forbes)

February 22, 2019

• The Pension Crisis Is Starting to Explode (Armstrong Economics)
• Contra Costa County Public Pension Plans' Investment Performance Continues to Lag the Financial Markets (Nick Marnell / Lamorinda Weekly)
• US Public Pension Assets Tumble in Q4; Investment Losses Lead to $306 Billion Funding Loss (Michael Katz / Chief Investment Officer)
• National Enquirer’s Biggest Investors Include California Taxpayers and State Workers (Matt Pearce / Los Angeles Times)
• Surprise! California Pension Fund Reportedly Had Major Stake in National Enquirer Parent (Mike Murphy / Market Watch)

February 21, 2019

• Bakersfield Plans to Use Sales Tax Revenue for Pensions (Reyna Harvey / Bakersfield Now)
• An Education Expert Resurfaces 2015’s Independent Report to Explain LAUSD’s Fiscal Turmoil (Taylor Swaak / LA School Report)
• GOLDEN OLDIE: Ain't Seen Nothing Yet; California Pension Cost Rise Just Starting (column - Daniel Borenstein / Mercury News)
• Governor Creates Task Force to Study New Mexico's Pension Issues (Dan Boyd / Albuquerque Journal)
• Hawaii's State Pension Fund Assets Drop $1 Billion in Quarter (Dave Segal / Star-Advertiser)

February 20, 2019

• Study Says Massachusetts' Unfunded Pension Liability Rising Despite Recent Reforms, Overall Strong Economy (press release - Pioneer Institute)
• Illinois May Tax Private Retirement Funds to Pay Public Worker Pensions (Fox Business)
• Pension Benefit Cuts Are Regular Events (Seeking Alpha)

February 19, 2019

• $12 Million in Measure N Funds to Go Towards Bakersfield's General Fund Reserves and Pension Costs (Eytan Wallace / KGET-TV)
• Rising CalPERS Costs Are a Centerpiece of Budget Discussions in Whittier (Madison White / Fullerton Observer)
• Public Pension Funds' Sole Responsibility Is to Secure the Retirement of Public Sector Workers (Wayne Winegarden / Forbes)

February 18, 2019

• Public Pension Plans Surf Wave of Reforms in Aftermath of Crisis (Hazel Bradford / Pensions & Investments)
• PBGC Sues Former Orange County Register Owners Over Handling of Pension Program (Dakota Smith / Los Angeles Times)
• Look Out, Taxpayers: When Governments Have More Pensioners Than Employees (editorial - Chicago Tribune)

February 17, 2019

• Sunshine Needed on California’s Disability-Enhanced Pensions (editorial - Orange County Register)
• Long California Political Alliance of Democrats and Police Union Erodes (column - Dan Walters / Desert Sun)
• Gov. Pritzker's Plan for Illinois Pensions: 'Clever' Tricks - Pobs, Pay More Later, and Asset Transfer (blog - Mary Pat Campbell / STUMP)

February 16, 2019

• Milliman: US Public Pension Plans See Funded Status Drop in Fourth Quarter (James Comtois / Pensions & Investments)

February 15, 2019

• CalPERS Posts Net Return of -3.5% for 2018 (James Comtois / Pensions & Investments)
• Pacific Legal Foundation Backs San Diego Mayor’s Pension Push in SCOTUS (Jacklyn Wille / Bloomberg)
• Illinois Considering Selling State Buildings and Land to Pay for Pensions (Dan Petrella & Rick Pearson / MSN)

February 14, 2019

• Carpenters Pension Fund Gets Treasury Approval to Reduce Benefits (Hazel Bradford / Pensions & Investments)
• GOP Senators Introduce Bill to End Pensions for Retiring Members of Congress (Tal Axelrod / The Hill)
• 2 Millionaire Senators Introduce Plan to Make Sure Congress Is Only for the Rich (Ian Millhiser / ThinkProgress)
• CalPERS Continues to Make New Private Equity Commitments (Randy Diamond / Chief Investment Officer)
• Former Ohio Attorney General Marc Dann and Ex-TV Reporter Sue State Pension System for Investment Details (Andrew J. Tobias / Cleveland.com)
• Asset Transfers, Consolidation Eyed for Illinois Pension Quagmire (Yvette Shields / The Bond Buyer)

February 13, 2019

• CalPERS Piling More Pension Debt on Californians (column - Daniel Borenstein / San Jose Mercury News)
• Glendora's Growing Unfunded Pension Liability Is the Primary Reason for the City's Deficit (Christopher Yee / San Gabriel Valley Tribune)
• US Public Pension Plan Contribution Analysis (blog - John Bury / Burypensions)
• Public Pension Contributions Grow, But So Do Liabilities — SOA Analysis (Hazel Bradford / Pensions & Investments)
• READ THE STUDY: US Public Pension Plan Contribution Analysis (Society of Actuaries)

February 12, 2019

• The Real State of the State: California 2019 (State Senator John Moorlach / California Globe)
• A Large Equity Drawdown Would Cause Major Problems for CalPERS (Randy Diamond / Chief Investment Officer)
• America’s Public Pension Plans Make Over-Optimistic Return Assumptions (The Economist)$$

February 11, 2019

• CalPERS Sued by Transparent California to Identify Retirees With Disability Pensions (blog - Ed Mendel / Calpensions)
• California's State Budget Analyst Said School Funding Is 'Outpacing Growth in Pension Costs' (column - Dan Walters / Mercury News)
• Retired Cop Receiving a $126,000 Annual Pension Avoids Jail for 17-Hour Standoff With Police (Emily Mibach / Palo Alto Daily Post)

February 10, 2019

• Public Pension Losses Last Quarter Compound Funding Challenges (Martin Z Braun / Bloomberg)

February 9, 2019

• CalSTRS 2018 Calendar Year Results Are in Negative Territory (Randy Diamond / Chief Investment Officer)

February 8, 2019

• Public Pension Losses Last Quarter Compound Funding Challenges (Martin Z Braun / Bloomberg)
• Public Pensions Are the Trojan Horses of US Entitlements (Sean Holland & James Laurie / the Hill)
• $30 Million More Allotted to Survivors of French Train Deportations and Families (Ron Kampeas / Jewish Telegraphic Agency)

February 7, 2019

• Could California Pension System Be Underwater? (column - Dan Walters / CALmatters)
• Why the Public-Pension Timebomb Is Growing Even More Deadly (op-ed - Steven Malanga / New York Post)
• Andrew Biggs Assesses Retirement Income Programs and Suggests How to Improve Retirement Security (American Enterprise Institute)
• Will Chicago's New Mayor Solve Its Pension Funding Crisis? (Elizabeth Bauer / Forbes)
• Chicago's Most Elite Biz Group Backs a Big Tax Hike for State Pensions (column - Greg Hinz / Crain's Chicago Business)
• Union Schemes, Scams and Some Pushback (Larry Sand / California Policy Center)

February 6, 2019

• Supervisor Says Riverside County's Pension Costs Will Crowd Out Service Funding (Lake Elsinore-Wildomar Patch)
• BREAKING NEWS: Local 807 Withdraws (blog - John Bury / Burypensions)
• CalPERS and Other Big Pension Funds Are Getting More Conservative, Report Says (column - Wes Venteicher / Sacramento Bee)
• Public Employees Are Living Longer Than Expected, Deepening the State Pension Crisis (Steven Malanga / City Journal)
• Connecticut Confronts an Underfunded Pension Liability of as Much as $100 Billion (Ken Dixon / New Haven Register)

February 5, 2019

• Will the Los Angeles Teachers Strike Settlement Lead to an $11 Billion Tax Hike? (Tim Anaya / Pacific Research Institute)
• Will California Businesses Pay State's Unfunded Pension Debt? (Charles Crumpley / Fox & Hounds)
• Ex-Centinela Valley Superintendent Pushed Through Private Retirement Plan Worth $294,000 to Him (Mean Barnes / Orange County Register)
• Oakland Public Schools Have Great Needs But Inadequate Funds (Aimee Eng & Jody London / San Francisco Chronicle)
• No, Pension Obligation Bonds Aren't a Form of 'Refinancing' (Elizabeth Bauer / Forbes)
• Chicago Mayoral Race: What Do the Candidates Say About Pensions? (blog - Mary Pat Campbell / STUMP)
• More on Chicago Pension Underfunding -- It's the Demographics, Stupid (Elizabeth Bauer / Forbes)
• Ishpeming, Michigan Considers Putting New Employees in Defined Contribution Plan (Lisa Bowers / Mining Journal)
• Public Plans Get a Table (blog - John Bury / Burypensions)
• Public Pension Plans Receive Their Own Mortality Tables (Hazel Bradford / Pensions & Investments)
• Two More Union Plans Get MPRA Letters Approving Benefit Cuts (blog - John Bury / Burypensions)

February 4, 2019

• What Delaying a Big Rate Increase Cost CalSTRS (blog - Ed Mendel / Calpensions)
• Dozens of CHP officers suspected of faking overtime ( Richard Winton / Los Angeles Times)
• No More Headlines Will Be Posted Today Due to a Family Medical Emergency

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