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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.
September 17, 2019
- As of 2:30 AM (Pacific Time) . . .
- Marin County's Elected Leaders Seek 10-Year Plan on Pension Costs (Richard Halstead / Marin Independent Journal)
- Health Insurance Costs 'Wildly Inflated’ for California's Government Workers, Analysis Finds (Teri Sforza / Orange County Register)
September 16, 2019
- How Kamala Harris Helped Kill Pension Reform in California (Yuichiro Kakutani / Washington Free Beacon)
- California Unions Want to Gut Prop. 13 to Pay for Rising Pension Costs (editorial - Las Vegas Review-Journal)
- CalSTRS Faces Calls to Divest From Fossil-Fuel Investments (Arleen Jacobius / Pensions & Investments)
September 13, 2019
- Taxpayers Lose Again: Proposed California Pension Bill SB266 Could Affect Lemoore's General Fund (Lauren Wagner / Hanford Sentinel)
- Michigan's Pension Costs Eat Up Education Funding, and Teacher Pay Stagnates (Sarah Cwiek / NPR)
- A Generation of Sociopaths (1): The Brief Triumph of Long Retirement (blog - John Bury / Burypensions)
September 12, 2019
- CBO: Proposed Bailout of Failing Union Pension Funds Won’t Work, as Loans Will Go Unpaid (Mark Tapscott / The Epoch Times)
- Illinois Public Services Being Cut to Pay Unsustainable Pension Cost (Adam Schuster / Illinois Policy Institute)
- Under Bloomberg Pressure, CalPERS Coughs Up BCG Report on Private Equity (blog - Yves Smith / Naked Capitalism)
- Corporate Pension Funding Moves Closer to Worrisome 80% Level (Katherine Chiglinsky, Molly Smith & David Caleb Mutua / Bloomberg)
September 11, 2019
- Bay Area Officials Are Making Bank Off of Retirement Pensions (audio - Phil Matier / KCBS Radio)
- CalPERS Election Corruption: Huge and Illegally Opaque Dark Spending Against Candidate JJ Jelincic (blog - Yves Smith / Naked Capitalism)
- CalPERS’ Blatant Election and Mail Fraud (blog - Yves Smith / Naked Capitalism)
September 10, 2019
- Unions Pour Cash Into CalPERS Board Election, Use Mailer to Highlight Sexual Harassment Complaint (Bryan Anderson & Wes Venteicher / Sacramento Bee)
- We Can’t Do Worse (blog - John Bury / Burypensions)
September 9, 2019
- Wildly Inflated Public Employee Health Costs Are Costing California Taxpayers $3.3 Billion Annually (blog - Transparent California)
- Sweet Deal: Some Retired Public Employees’ Pensions Are Bigger Than Their Salaries Were (column - Phil Matier / San Francisco Chronicle)
- CalPERS and CalSTRS Golden Handshake: Pension 'Air Time' Lives On (blog - Ed Mendel / Calpensions)
- A Progressive View of California's Pension Problem (oped - Ron Garber / Whittier Daily News)
September 6, 2019
- Californians Can Consider Any New Property Taxes as Pension Taxes (Steven Greenhut / Reason)
- California Pension Mistakes Would Cost Cities -- Not Retirees -- Under Proposed Law (column - Wes Venteicher / Modesto Bee)
September 5, 2019
- A Slow-Motion Disaster (column - Dan Walters / Napa Valley Register)
- It's the Insolvency, Stupid -- Why Pensions Really Are an Urgent Issue for Chicago (Elizabeth Bauer / Forbes)
- Springfield, Illinois, Wants to Cut Police, Fire Pension Costs (Governing)
- Secrets to Success in Managing a Pension Fund (Barry Ritholtz / Bloomberg)
September 4, 2019
- Low Interest Rates Are Compounding the Big Problems Facing Pension Funds (Amit Sinha / MarketWatch)
- Worldwide, Tens of Thousands Still Receive 'Nazi Pension' (EU Observer)
September 3, 2019
- How a More Than $50 Billion Bet Boosted CalPERS Returns (Randy Diamond / Chief Investment Officer)
- State Pension Funds Keep Increasing Risky Investments — as Pension Debt Mounts (Steven Malanga / City Journal)
- Illinois CAFR Arrives, Late and Covered in Red Ink (Yvette Shields / The Bond Buyer)
- Chicago's Mayor Lightfoot Is Still Not Ready to Lead on Pensions (Elizabeth Bauer / Forbes)
August 30, 2019
- CalPERS Falls Further Behind (editorial - Press Democrat)
- Case Study: Connecticut Town’s Change From DB to DC Plan Having Desired Effect (Brian Anderson / 401(k) Specialist)
August 29, 2019
- Are Public Pensions in a Crisis? Part 5: On Bonds and Bailouts (blog - Mary Pat Campbell / STUMP)
- Pension Funds Reel From Falling Bond Yields (video - Bloomberg)
- Lompoc Takes First Step in Holding Sales Tax Election; Almost All Proceeds Will Go Toward Pension Obligations (Zac Ezzone / Santa Maria Sun)
- San Jose Lawmakers Drop Decision on Top Retirement Officials’ Plan (Nadia Lopez / San Jose Spotlight)
- Connecticut's Teacher Pension Funding Continues to Fall Despite Full Payments (Marc E. Fitch / Yankee Institute)
- Judge Rules That Public Has Right to NYPD Pension Info (Bernadette Hogan & Bruce Golding / New York Post)
August 28, 2019
- When California's Public Employee Pensions Get Bigger Than Big (editorial - Orange County Register)
- Santa Clara Police Chief Steps Down Early; Will Cash Out Over $500,000 in Vacation/Sick Leave Pay (Robert Haugh / Santa Clara News Online)
- Are Public Pensions in a Crisis? Part 4: On Closing DB Plans and Replacing Them With DC Plans (blog - Mary Pat Campbell / STUMP)
August 27, 2019
- Trio of Los Angeles-Area City Workers Made Over $2 Million Last Year (Robert Fellner / Transparent California)
- California Highway Patrol Puts 14% of Its Raise Toward Pensions; New Contract Reflects Pension Debt Concern (column - Wes Venteicher / Sacramento Bee)
- Marin School District Pension Debt Can Top $24,000 Per Household (Keri Brenner / Marin Independent Journal)
- As $100,000 Club Balloons, a More Elite Circle of City Employees Emerges: The $200,000 Club (Samantha Mehlinger / Long Beach Business Journal)
- Defined Benefit Programs Continue to Disappear in Private Sector (FedWeek)
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