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- The Financial Context of the Imminent California Supreme Court Decision on the 'California Rule'
by Edward Ring
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News Archives
All the news that has appeared on PensionTsunami.com.
April 7, 2020
- Updated at 7:40 AM (Pacific):
- COVID-19 Market Volatility Adds New Intensity to the US Virgin Islands' Pension Crisis (Marc Joffe & Jodi Lieberman / Reason)
- As of 7:20 AM (Pacific Time):
- PBGC Program Set for Reversal of Fortune (Hazel Bradford / Pensions & Investments)
April 6, 2020
- Recent Stock Market Losses May Spike Local Pension Costs, But Not Immediately (David Garrick / San Diego Union-Tribune)
- Virus Cost San Mateo $10 Million in 2 Months (Zachary Clark / Daily Journal)
- California's Pension Bomb Fuse Just Got Shorter (column - Jon Coupal / Orange County Register)
- Underfunded Public Pension Plans Facing a New Round of Woes (James Comtois / Pensions & Investments)
April 4, 2020
April 3, 2020
- Pensions in a Pandemic: Is One Man's Bailout Another Man’s Pension Funding Relief? (Elizabeth Bauer / Forbes)
- Santa Barbara County Employee Retirement System Takes Big Pension Hit (Joshua Molina / Noozhawk)
- Debate Over Pension Bailouts Rages Amid COVID-19 Pandemic (Michelle Jones / ValueWalk)
- Rhode Island 'Weeks, Not Months’ From Running Out of Cash (Katherine Gregg / Providence Journal)
- The Coronavirus Has Been Devastating for Providence’s Pension Fund (Dan McGowan / Boston Globe)
April 2, 2020
- Coronavirus Is Making the Public Pension Crisis Even Worse (Mary Williams Walsh / New York Times)
- Coronavirus Is the Tipping Point That Just Upended Pensions (Byrne Hobart / Marker)
- City Manager Details How Much Pasadena’s Economy Is Hurting (Kevin Kenney / Pasadena Now)
- California Pension Math (David Crane / Fox & Hounds)
- Democrats to Seek Aid for Troubled Union Pensions in Next Relief Package (Susan Ferrechio / Washington Examiner)
April 1, 2020
- Post-Coronapocalypse Pension Reform Checklist for California (Edward Ring / California Globe)
- CalSTRS Expects Market 'Potholes,' Sticking With Funding Plan, Says CIO Ailman (video - Bloomberg)
- We Wasted an Economic Boom, and Now We Are Starting to Pay the Price (op-ed - Adrian Moore / Orange County Register)
- Millennials Given Responsibility to Pay for Retirement Programs' Investment Deficiencies (op-ed - Ronald Stein / Eurasia Review)
March 31, 2020
- What Happens as State and Local Tax Revenues Crater? (Charles Hugh Smith / Wall Street Window)
- Stock Market Swing Should Raise Alarms About California’s Pensions Woes (editorial / Orange County Register)
- US Public Pensions Lose $1 Trillion From Market Crash (Michael Katz / Chief Investment Officer)
March 30, 2020
- Coronavirus Outbreak Reveals California's Big Financial Shortcomings (column - Dan Walters / Pasadena Star-News)
- Don't Let States Rob COVID-19 Funds to Bail Out Pension Funds (Ted Dabrowski & Mark Glennon / RealClear Politics)
- Military Pensions Too Generous? Will They Be Cut? (Edward Siedle / Forbes)
March 28, 2020
March 27, 2020
- The Next Looming Economic Contagion: Pensions Collapse (John Klar / American Thinker)
- A Public Health Crisis Is No Time for Private Pension Bailouts (Rachel Greszler / Heritage Foundation)
- The Truth About LACERS -- The LACERS’ Board, What Happened? (Tom Moutes / CityWatch LA)
- 2020 Pension Investment Losses Tracking at 20 Percent (Michelle Jones / ValueWalk)
March 26, 2020
- Coronavirus Threatens to Wipe Out California’s $21-Billion Surplus. and It Could Get Worse (John Myers / Los Angeles Times)
- Lompoc Just Might Not Get What It Voted for (commentary - Ron Fink / Santa Maria Sun)
- Pension Reform Newsletter for March 2020 (Reason Foundation)
- The Time Is Ripe for Public Pension Obligation Bonds (Girard Miller / Pensions & Investments)
- The Coronavirus Shock Has Tanked Millions of Private Sector Retirement Accounts (Ben Steverman / Bloomberg Law)
March 25, 2020
- Coronavirus, Declining Stocks and Alternative Investments: Bad News for CalPERS and CalSTRS (op-ed - Marc Joffe / Orange County Register)
- Market Rout Leaves Public Pension Funds Nursing a Nearly $1 Trillion Loss for Fiscal 2020: Moody’s (Sunny Oh / MarketWatch)
- Monterey Area Cities Concerned About Jump in Pension Obligations (Dennis L. Taylor / Monterey Herald)
- GOLDEN OLDIE: Pension Puffery: 12 Half-Truths That Deserve to Be Debunked [see #4] (Girard Miller / Governing)
- ISSUE BRIEF: The 80% Pension Funding Standard Myth (pdf - American Academy of Actuaries)
March 24, 2020
- Multi-employer Pension Bailout Too (blog - John Bury / Burypensions)
- Time for California’s Unions to Get Serious About Pension Reform (Edward Ring / California Globe)
- Public Pensions Before the Storm: Looking at Systems Not Set Up for Sustainability (blog - Mary Pat Campbell / STUMP)
March 23, 2020
March 22, 2020
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