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- Cases now before the state Supreme Court could open the door to pension cuts for California public employees
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Public Pensions News last updated August 19 12:14am PST
The complete text of these articles was e-mailed to subscribers.August 19th, 2018
- WEEKEND SPOTLIGHT HEADLINES:
- Sweet Pensions, Secrecy Laws: L.A. Has Its Own Ugly Swamp That Needs Draining, But Where's the Leadership? (column - Steve Lopez / Los Angeles Times)
- Don't Believe the Hysteria: There Are Other Ways for California's Public Workers to Get Benefits (Steven Greenhut / California Policy Center)
August 18th, 2018
August 17th, 2018
- Competing for California’s Biggest Pension-Spiking Scam (editorial - Orange County Register)
- Public Pensions and Public Trust (Elizabeth Bauer / Forbes)
- Winters, California Explores Tackling Unfunded Pension Liability With Additional Payments (Matthew Keys / Winters Express)
- CalPERS Consultant Defends Forestland Sale Which Lost Around $500 Million (Chris Butera / Chief Executive Officer)
- Public Sector Unions Win Big at the California Supreme Court in Getting San Diego Pension Reforms Overturned (Steven Greenhut / Reason)
- Proposal to Put New Hires on Defined Contribution Plan Hits Snag in Hartford (Jenna Carlesso / Hartford Courant)
- Sweeney Pension Path Ends With Hiring an Actuary (blog - John Bury / Burypensions)
- Kentucky Governor Defends Pension Law in Hard-Hitting Speech (Bruce Schreiner / WCPO 9)
- A Homeowner's Share of Oregon's Public Pension Debt? Study: $106,952 (editorial - Herald and News)
- When It Comes to North Carolina Pension’s Unfunded Liability, 'The Sky Isn’t Falling' Says Union Exec (letter - News & Observer)
- UNSUSTAINABLE: Chicago Has More Retired Cops Collecting Pensions Than Active Cops on the Streets (Nancy Mathieson / Wirepoints Illinois)
- UNSUSTAINABLE: Many Cook County Pension Funds Have More Retirees Collecting Than Workers Paying In (press release - Cook County Treasurer's Office)
- UNSUSTAINABLE: New York City Has More Retired Cops Collecting Pensions Than Active Cops on the Streets (op-ed - Nicole Gelinas / New York Post)
- Follow @PensionTsunami on Twitter
August 16th, 2018
- Have Public Employee Pensions Become More Generous, or Less? (Andrew Biggs / Forbes)
- Don't Confuse Public Pension Cost With Generosity (Alicia H. Munnell / MarketWatch)
- CalPERS CFO Dismissed After Hiring Investigation (column - Adam Ashton / Sacramento Bee)
- We’ve Only Just Begun (op-ed - Baldwin Moy / Madera Tribune)
- Pension Benefits Costs Become Vacaville Mayoral Race Issue (Ian Thompson / Daily Republic)
- What a New Jersey Panel Urges to Improve State's Fiscal Health (Andrew Coen / The Bond Buyer)$$
- New Jersey Must Make Painful Fixes to Reverse the Fiscal Crisis (op-ed - Scott Shepard / NJ.com)
- NEW STUDY: 'The New Jersey Pension Crisis: Flailing in Deep Waters' (pdf - Scott Andrew Shepard / Mercatus Center)
- Fixing New Jersey Pensions (blog - John Bury / Burypensions)
- Resolve Hawaii's Pension Woes to Ease Maui Budget (op-ed - Joe Kent / Maui News)
- Is This a Way Out of Fort Worth’s Pension Woes? (letter - Star-Telegram)
August 15th, 2018
- LAPD Chief Endorses Reform to Controversial DROP Retirement Program That Paid Him $1.27 Million (Jack Dolan / Los Angeles Times)
- Future San Diego County Taxpayers and Public Employees Are Paying for Past Pension Mistakes (Robert Fellner / Voice of San Diego)
- California School Chief Candidates Tuck and Thurmond on Pensions (CALmatters)
- CalPERS Fires Back Against Bill Requiring Liability Calculations on Treasury Rates (Arleen Jacobius / Pensions & Investments)
- Teacher Pay Fray (Larry Sand / California Policy Center)
- As Fiscal Storm Clouds Gather, Chicago Seeks a Questionable Shelter (Steven Malanga / Crain's Chicago Business)
- Mayoral Hopeful Vallas Calls Possible $10 Billion Emanuel Pension Payoff 'Irresponsible' (Bill Ruthhart / Chicago Tribune)
- Mayoral Challenger Vallas Urges City Council to Flex Its Muscle to Stop Emanuel’s Pension Bonds (Fran Spielman / Chicago Sun-Times)
- Questions for the Outgoing Chair of Oregon’s Public Pension System (Ted Sickinger / Bend Bulletin)
- Pension Map Shows Maryland's Counties Have Liabilities, Too (Carol Park / Baltimore Post-Examiner)
- Minnesota's Pension Reforms Receive Praise, But More Fixes May Be Needed (Michael Carroll / Minnesota Watchdog)
- Renewed Call for New Jersey Pension Reform Angers Public Employee Unions (Michael Aron / NJTV)
August 14th, 2018
- Cal Fire Union Leaders' Pension-Spiking Gambit (column - Daniel Borenstein / San Jose Mercury News)
- GRS Dominates Public Pension Actuarial Consulting, Followed by Milliman and Cavanaugh Macdonald (Elizabeth Myers / Reason Foundation)
August 13th, 2018
- Before Becoming LAPD Chief, Moore Retired, Collected a $1.27-Million Payout, Then Was Rehired (Jack Dolan / Los Angeles Times)
- Local Agency Exits From CalPERS (Marc Joffe / Reason Foundation)
- In Rebuking San Diego’s Pension Initiative, California Supreme Court Slams Our Basic Voting Rights (Steven Greenhut / California Policy Center)
- What's Next, Per the Lawyer Whose Pension Reform Tactic the Supreme Court Rejected (op-ed - Jan Goldsmith / San Diego Union-Tribune)
- Send the Pols a Message! Demand Pension Reform: Vote NO on State Bonds and County Rain Tax (Jack Humphreville / CityWatch LA)
- ILLINOIS: It's the Pension Promises, Stupid! (Ted Dabrowski & John Klingner / Wirepoints)
- New Jersey's Legislative Leaders Discover They Have a Public Pension Problem (editorial - Wall Street Journal)$$
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