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Public Pensions News last updated July 23 5:28am PST
The complete text of these articles was e-mailed to subscribers.July 23rd, 2014
- Pension Funds Are Reporting Record Levels of Capital, Yet Public Pension Costs Keep Growing. Why? (David Crane / Fox & Hounds)
- Deal in Detroit Could Signal Cuts to Public Employee Pensions Elsewhere (Alan Greenblatt / NPR)
- Pennsylvania Receives Third Consecutive Credit Downgrade, and Its Pension System Is the Culprit (blog - Ted Ballantine / Pension360)
- TO RECEIVE A DAILY HEADLINE SUMMARY EACH WEEKDAY IN YOUR EMAIL, CLICK HERE
July 22nd, 2014
- Needed for Los Angeles: A 'Commission for Retirement Security' and 'Pensions for Dummies' (Jack Humphreville / CityWatch LA)
- University of California System Borrows Money Long-Term to Cover Operational Expenses (blog - Mary Pat Campbell / STUMP)
- 2 College of the Sequoias Instructors Fight Back Over CalSTRS Pension Slash (Marc Benjamin / Fresno Bee)
- Back to School for CalPERS Board, Says Governor Brown (Kip McDaniel / aiCIO)
- Detroit Pensioners Back Grand Bargain in Bankruptcy Vote, Creditors Object (Nathan Bomey and Matt Helms / Detroit Free Press)
- Rating State Pension Benefits (blog - John Bury / Burypensions)
- Pennsylvania Teachers' Union Has 'Declared War' on Taxpayers, Claims State Senator (John L. Micek / Patriot News)
- Will the Massachusetts Bay Transportation Authority's Pension Fund Ever Come Clean? (Iliya Atanasov / Public Sector Inc.)
- SEARCHABLE DATABASES of California Public Employees' Pay and Pensions (TransparentCalifornia.com)
- UNSUSTAINABLE: New York City Now Has More Retired Cops Collecting Pensions Than Active Cops on the Streets (op-ed - Nicole Gelinas / New York Post)
July 21st, 2014
- University of California Borrows $2.7 Billion to Fund Pension Debt (blog - Ed Mendel / Calpensions)
- Central Contra Costa Sanitary District Workers Collecting More in Retirement Than on the Job (column - Daniel Borenstein / Contra Costa Times)
- The AVERAGE Public Employee Pension in Orange County, California Is 88% of Final Salary (Robert Fellner / UnionWatch)
- A Complete List of the 12,237 Retired Orange County Public Employees Receiving Pensions (database - Transparent California)
- Voting Results on Pension Cuts by Detroit's City Employees and Retirees Expected Today (CBS Detroit)
- Mississippi Pension Fund Heads for Final 'Jeopardy’ (Steve Wilson / Mississippi Watchdog)
- Nevada State and Local Government Workers Are Retiring Later (Sean Whaley / Las Vegas Review-Journal)
- Contract Talks Between Washington's Governor and Public Employee Unions Shouldn't Be Conducted in Secret (editorial - The Columbian)
- Ohio Public Employees Retirement System Should Drop Fund for Highly Paid Retirees (letter - Columbus Dispatch)
- Providence RI vs. Stockton CA in Municipal Bankruptcy Cage Match (blog - Michael Riley / Rhode Island Shrugged)
- Pensions Are Frying in New Jersey, Too (blog - John Bury / Burypensions)
- Several Lawmakers in Illinois Are Opting Out of Their Pensions (blog - Ted Ballantine/ Pension360)
- Has S&P Been Exaggerating Local Governments' Stability? (Liz Farmer / Governing)
July 18th, 2014
- Time for California's Elected Officials to Admit Guaranteed Pensions Are Unsustainable (op-ed - Rich Ulery / The Union)
- Guilty Plea of CalPERS Boss Highlights the Hypocrisy of State Pension Complex (op-ed - Ira Stoll / New York Sun)
- California Cities Are Lining Up to Divest From Fossil Fuels, But CalPERS Isn’t Following (blog - Ted Ballantine / Pension360)
- Fixing Public Pensions: The First Step in Detroit's Long Road to Recovery (Bob Williams / Huffington Post)
- PENSION PULSE: CalSTRS Takes CPPIB to School? (blog - Leo Kolivakis)
July 17th, 2014
- Stockton City Manager Discounts Moody's Report (Roger Phillips / Stockton Record)
- CalPERS Remains in a Deep Hole Despite Big Investment Return (op-ed - San Mateo Daily Journal)
- Divesting Means CalPERS Loses a Seat at the Table (op-ed - Anne Simpson / Sacramento Bee)
- Top University of California Coaches Earn Twice as Much Money as Top UC Brain Surgeons (Phillip Reese / Sacramento Bee)
- Is Amending the Constitution a Viable Option for Pension Reform in Illinois? (blog -Ted Ballantine / Pension360)
- But New Jersey Is a Disaster (blog - John Bury / Burypensions)
- New Jersey Pensions' Appeal Getting More Selective.... (blog - Mary Pat Campbell / STUMP)
- Breaking (Though Not Unexpected) News From New Jersey (blog - John Bury / Burypensions)
- Phoenix's Pension Reform Will Stay Intact During Lawsuit (Caitlin McGlade / The Arizona Republic)
- Arizona Pension Fund Grants Another Raise Amid Scrutiny (Craig Harris / the Arizona Republic)
- Pension Committee Looks for Middle-Way on Rising Retirement Costs for Washington's State and Local Government Employees (Brad Shannon / The Olympian)
- Dear Pennsylvania State Politicians: This Is Why Nobody Likes You (Josh Kruger / Philadelphia Weekly)
July 16th, 2014
- Pacific Grove City Council to Yank Pension Reform Initiative From the November Ballot (Larry Parsons / Monterey County Herald)
- CalPERS and CalSTRS Rake in Big Investment Returns, But Much Work Is Left to Be Done (Ted Ballantine / Pension360)
- A Bit of Relief for California's Public Pension Funds (editorial - San Francisco Chronicle)
- Moody's Weighs Possible Pension Outcomes in Stockton, California's Bankruptcy (Tonya Chin / Pensions & Investments)$$
- The CalPERS Public Pension Scandal: The State-Pension-Industrial Complex Corrupts Politics on Multiple Levels (Ira Stoll / Reason)
- Cash, Casino Chips, and CalPERS: Confessions of a Former CEO (Elizabeth Pfeuti / aiCIO)
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