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News Archives
All the news that has appeared on PensionTsunami.com.
May 14, 2013
- Mill Valley, California Takes Action to Cut Pension Costs (editorial - Marin Independent Journal)
- In Vallejo, California Residents Get Say on City Spending; Public Employee Pensions Aren't on List (Ginger Rutland / Sacramento Bee)
- For Real Pension Reform, Inequality and Fairness Must Be Stressed (op-ed - Rich Danker / Sun Sentinel)
- Why Do Illinois GOP House Members Vote No on Pension Reform? (Greg Hinz / Chicago Business)
- Detroit Emergency Manager Might 'Suggest Modifications' to 2 City Pension Plans (Christine Williamson / Pensions & Investments)
- Oklahoma Governor Vetoes Pension Reform Bill (Kevin Olsen / Business Insurance)
- Pennsylvania Public Pension Reform Has to Start With Legislature's Illegal Benefits (letter - Patriot-News)
- What the AFL-CIO Can Do for Returning Military Veterans (blog - Mike Antonucci / Intercepts)
- Salaries of Public College Chiefs Rise; Median Tops $400,000 (Atossa Araxia Abrahamian / Reuters)
- How to Tell if College Presidents Are Overpaid (Richard Vedder / Bloomberg)
- US Economic Indicators to Include Focus on Public Pensions (blog - Susan Mangiero / Pension Risk Matters)
- Teamsters' Multiemployer Pensions on Brink of Collapse: Department of Labor Asked to Investigate (column - Edward 'Ted' Siedle / Forbes)
- Pray for the PBGC (blog - John Bury / Burypensions)
- Pension Reform Seen as Crucial for Ailing Portugal (MSN Money)
May 13, 2013
- California Could Owe $1 Trillion (column - Dan Walters / Sacramento Bee)
- California Local Governments' Pension Burden Becoming Clearer and Clearer (editorial - UT San Diego)
- For California's Public Pensions, Math Is Already at Work (Autumn Carter / Fox & Hounds)
- In La-La Land, America’s Silliest Election: Both Los Angeles Mayoral Candidates Ignore the City's Exploding Pension Costs (Josh Barro / Bloomberg)
- Union Actuary Says the University of California Retirement System Is Overstating Pension Costs (blog - Ed Mendel / Calpensions)
- Glendale, California Pays Big Pensions: More Than 10% Collect $100,000/year (Brittany Levine / Glendale News-Press)
- Glendale, California's Former City Workers Are Retired, But Still Working: Pension Abuse or Money Saver? (Brittany Levine / Glendale News-Press)
- CHART: Glendale's Rehired Retirees (Glendale News-Press)
- Watch the California Assembly Hearing on CalPERS' Long-Term Care (blog - Jon Ortiz / Sacramento Bee)
- Detroit Fiscal Problems Are Severe, Report Says; Retirees Outnumber Current Workers By Two to One (Steven Yaccino & Monica Davey / New York Times)
- Detroit's Emergency Manager: City Clearly Insolvent, Long-Term Debt at $15 Billion (Michael Wayland / MLive.com)
- Illinois Statehouse Insider: Two Pension Plans. Now What? (Doug Finke / State Journal-Register)
- Illinois House Speaker and Senate President Should Collaborate for Best Pension Reform Results (editorial - State Journal-Register)
- Between Two Proposed Illinois Pension Reform Plans, We Like Mike's (editorial - Chicago Business)
- No Matter What Pension Bill Passes in Illinois, A Lawsuit Is Guaranteed (Scott Reeder / Illinois Policy Institute)
- Teacher Union Bullies and Defined Benefit Plans (editorial - Pensions & Investments)
- EDITORIAL CARTOON: American Federation of Teachers Takes a Swing at Defined Benefit Investment Managers (Pensions & Investments)
- On the Edge of a Fiscal Precipice: New York City Is Running Out of Other People’s Money (Alan Joel / Canada Free Press)
- Rising Pension, Health Care Expenses Will Swallow Up Aid Increases to New York Schools (WKTV Utica)
- Denver Pays Wall Street $216 Million as Swaps Fail: Muni Credit (Darrell Preston / Bloomberg)
- Pension System Too Heavy a Burden for Pennsylvania’s Taxpayers to Bear (letter - Delaware County Times)
- Accounting Changes Are Pushing Japanese Companies to Defined Contribution Plans (Douglas Appell / Pensions & Investments)
- PENSION PULSE: Bonds Hear Bubble Echoes? (blog - Leo Kolivakis)
May 10, 2013
- California Assembly Speaker's Bill – Another Giveaway to Firefighter and Police Unions – Is Unnecessary, Irresponsible (editorial - Sacramento Bee)
- The Muddle-Headed World of American Public-Pension Accounting (Buttonwood / The Economist)
- The Los Angeles Mayor's Race: Failing Grades for the Pixie and the Prince (Jack Humphreville / CityWatch LA)
- Adjustable Pension Plans: A New Way to Tame the Public-Pension Beast? (column - Charles Chieppo / Governing)
- The Proposed 'California Secure Choice Retirement Savings Program' Would Be Run by the State (Sophie Quinton / National Journal)
- Illinois Senate Passes Union-Backed Pension Reform Bill (Joanna von Alroth / Reuters)
- Illinois Pension Problem Began Long Ago (Rich Miller / Chicago Sun-Times)
- Is Kentucky the Next Illinois? (press release - State Budget Solutions)
- The Most Dangerous People to Effective Government (blog - John Bury / Burypensions)
- Mayor of Jacksonville, Florida Announces $1.1 Billion in Savings From Pension Reform (Joe Wilhelm Jr / Daily Record)
- Pennsylvania Lawmaker Floats Idea of Outlawed Bond for State Pension Debt (Mary Wilson / WESA Radio)
- After Making $108 Billion in Improper Payments in 2012, Feds Intensify Push to Curb Payments to Dead Beneficiaries (Charles S. Clark / Gov Exec)
- Panasonic to Transition From Defined Benefit Pension Plan to Defined Contribution (Douglas Appell / Pensions & Investments)
- PENSION PULSE: Return of Private Equity Giants? (blog - Leo Kolivakis)
May 9, 2013
- CalPERS Says Insolvent San Bernardino Has Cash to Pay Its Bill (Dale Kasler / Fresno Bee)
- CalPERS Claims Bankrupt San Bernardino Has More Cash Than First Admitted (Tim Reid / Reuters)
- California Unions, Lawmakers Oppose Sale of LA Times to Free-Market-Oriented Koch Brothers (Patrick McGreevy & Chris Megerian / Los Angeles Times)
- San Bernardino Hopes to Move Bankruptcy Case Along (Imran Ghori / Press-Enterprise)
- Los Angeles Department of Water and Power Average Pay Rose 15%, Despite Flagging Economy (Jack Dolan / Los Angeles Times)
- Series on Arizona's Public Safety Pensions: How We Did It (Craig Harris and Beth Duckett / The Republic)
- Five Key Facts About the Public Employee Unions' Illinois Pension Reform Plan (Benjamin Yount / Evanston Now)
- Cook County, Illinois' Public Pension Woes Worsen (Paul Merrion / Chicago Business)
- New York State Investigating Pension-Advance Firms (Jessica Silver-Greenberg / New York Times)
- New Mexico Legislators Receive Pensions, But No Salary (Barry Massey / KTVL-TV)
- PENSION PULSE: Funds Doubling Down on Distressed Debt? (blog - Leo Kolivakis)
May 8, 2013
- GAO Report Says Serious Cuts, Tax Increases Possible Due to Health Care, Pension Costs (Eric Boehm / Watchdog.org)
- READ THE GAO REPORT: 'State and Local Governments' Fiscal Outlook' (US Government Accountability Office)
- CHARTS: 'State and Local Governments' Fiscal Outlook April 2013' (pdf - US Government Accountability Office)
- TV Repo Cop Gets New Jersey Disability Pension (Mark Lagerkvist / New Jersey Watchdog)
- Illinois Retired Teachers Association Threatens to Sue if Pension Reform Proposal Becomes Law (Ray Long and Monique Garcia / Chicago Tribune)
- On Pennsylvania's Public Pensions, Plenty of Ideas But None Catching Fire With Lawmakers (with video - Eric Boehm / PA Independent)
- VIDEO: Pennsylvania Governor Corbett, Republican Lawmakers Talk Need for Pension Reform (02:21 - PA Independent)
- Just Over Half of Americans Say They Are Financially Prepared to Live to the Age of 75, Study Finds (Rebecca Moore / PlanSponsor)
- 10,962,532: US Disability Beneficiaries Now Exceed the Population of Greece (Terence P. Jeffrey / CNS News)
- PENSION PULSE: Brazilian Pension Funds Go Global? (blog - Leo Kolivakis)
May 7, 2013
- Contra Costa County's Bill Pollacek Warned of Public Pension Crisis Before Most Were Listening (editorial - Contra Costa Times)
- Former County Treasurer Bill Pollacek Recalled as Man of Honesty, Conviction (Gary Peterson / Contra Costa Times)
- Bill Opposing Federal Bailout of California Pension Funds Killed by Assembly Finance Committee (KERO-TV Bakersfield)
- As LA's Water and Power Rates Double Over the Next Ten Years, More DWP Ratepayers Will Demand Pension Reforms (Jack Humphreville / CityWatch LA)
- Secret Government Is Becoming Routine in California (column - Dan Walters / Sacramento Bee)
- Court OKs Barring Smart People From Becoming Cops (Really) (blog - Nick Gillespie / Reason)
- Governor Set to Announce Major Overhaul of Pennsylvania's Pension System (with video - Michael Gorsegner / WPMT-TV Harrisburg)
- SEC Contends Harrisburg, Pennsylvania Misled Its Bond Investors (New York Times)
- Oregon Governor Signs Public Employee Pension Cuts (KMTR-TV Eugene)
- Why Rhode Island Isn’t Defaulting on Its Moral Obligations (column - Felix Salmon / Reuters)
- Union-Backed Illinois Pension-Reform Proposal Is Weak (editorial - Chicago Sun-Times)
- Why Are Minnesota Taxpayers Being Forced to Bail Out Public Pension Funds? (letter - Post Bulletin)
- PENSION PULSE: PSP Investments Bets Big on Airports? (blog - Leo Kolivakis)
May 6, 2013
- CalPERS Won’t Refinance San Bernardino's Debt (blog - Ed Mendel / Calpensions)
- EDITORIAL CARTOON: CalPERS Asks Cities for Increased Funding (Lisa Benson)
- Bailing Out State Pensions (editorial - Orange County Register) $$
- California Pension Reform Advocate and Former Contra Costa County Treasurer Bill Pollacek Dies (Katie Nelson / Contra Costa Times)
- FLASHBACK: Contra Costa County Treasurer Bill Pollacek Warned Us About a Financial Quagmire Caused by Pensions (editorial - Contra Costa Times)
- Contra Costa County Supervisors Face Critical Pension Board Appointment (editorial - Contra Costa Times)
- New California First Amendment Case Poses Threat to Public Employee Unions (Peter Scheer / First Amendment Coalition)
- San Jose City Manager’s Budget for 2013-14 Hedges on Pension Reform Lawsuits (Jennifer Wadsworth / San Jose Inside)
- VIDEO: The Bankrupt City of San Bernardino v. Its Police Union (David Nazar / SoCaL Insider with Rick Reiff)
- Residents of Bankrupt San Bernardino, California Launch Recall of City Council (Tim Reid / Reuters)
- San Bernardino Recall Group Attracts 50 at News Conference (Ryan Hagen / San Bernardino Sun)
- Sonoma County's Pension Burden Will Continue to Escalate at Least Through 2017 (editorial - Press Democrat)
- REPORT: 'Government Crowded Out: How Employee Compensation Costs Are Reshaping State and Local Government' (Daniel DiSalvo / Manhattan Institute)
- Rising Arizona Public Safety Pensions Strain Budgets (Craig Harris / The Republic)
- New York City Now Has More Retired Cops Collecting Pensions Than Active Officers Patrolling the Streets (column - Nicole Gelinas / New York Post)
Copyright 2011 by the California Public Policy Center (CPPC)