PensionTsunami's primary focus is on California's public employee pension crisis, but we also monitor news in other states, keep an eye on the world of corporate pensions, and follow developments in Social Security since it is taxpayers who will ultimately be responsible for making up deficits incurred by any of these retirement plans. We also try to monitor international trends. The editor of PensionTsunami.com is Jack Dean (JackDean-at-PensionTsunami-dot-com).
You are currently browsing the archives for the San Jose category.
By Ed Ring | Pension reform in San Jose began in June 2012 when voters, by a margin of 69% to 31%, approved Measure B. Despite overwhelming support from voters, however, this vote triggered a cascade of union funded lawsuits which by 2015 had overturned several of the key provisions of the reform measure. Finally, […]
By Ed Ring | If someone told you that they were going to invest their money, but if that money didn’t earn enough interest, they were going to take your money to make up the difference, would you think that was fair? When it comes to pensions for local government workers, that’s what’s happening all […]
By Steven Greenhut | California’s Democratic leaders and their public-sector union allies have been staving off serious pension reforms thanks to their domination of the Legislature, their control of every state constitutional office and series of favorable court decisions. You really couldn’t blame the reform movement for giving up and moving on to other things […]
By Steven Greenhut | San Jose is only 117 miles from Sacramento, yet the ongoing plight of this beacon of Silicon Valley falls on deaf ears at the state Capitol. The city’s Democratic mayor certainly isn’t getting any aid from legislators. Fortunately, a recent article in the Washington Post shows that the message might be getting out anyway.
For the text version of this story, please click here.
For text version of this story, please click here.
