“The state shall not have any liability for the payment of the retirement savings benefit earned by program participants pursuant to this title.” – California State Senator Kevin De Leon, August 7, 2016, Sacramento Bee By Ed Ring | This quote from Senator De Leon, one of the main proponents of California’s new “Secure Choice” […]

By Jack Dean | Full-career retirees from Orange County municipalities received an average CalPERS pension 54 percent greater than the average salary of area residents, according to just-released 2014 pension payout data from TransparentCalifornia.com. Full-career police and fire retirees took home pensions worth nearly double the average salary. The over 600,000 records — obtained through […]

By Jack Dean This past week a new book was released by a professor at the Wharton School of Business at the University of Pennsylvania. Here’s the announcement: America has been failed by its government and the nation now faces catastrophic consequences unless that government changes its ways, Wharton management professor Lawrence G. Hrebiniak concludes […]