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Public Pensions News last updated August 16 7:23am PST
The complete text of these articles was e-mailed to subscribers.August 16th, 2017
- CalPERS Sees Better Return, But Not Out of the Woods (column - Dan Walters / CALmatters)
- For Port Hueneme California, Budget Situation Is Déjà Vu (Arlene Martinez / Ventura County Star)
- CalPERS CIO Ted Eliopoulos Handing Off Most of His Job Duties. So Why Isn’t He Taking a $500,000 Pay Cut? (Yves Smith / Naked Capitalism)
- Faulconer Lays Out Vision for 'New California Republicans' (Michael Smolens / San Diego Union-Tribune)
- Meet the New Boss. Same as the Old Boss. (David Crane / Fox & Hounds)
- Pension Progagandizing by NCPERS -- the National Conference of Public Employee Retirement Systems (blog - John Bury / Burypensions)
- NEW PENSION POLLYANNA REPORT: 'Public Pensions Are a Good Deal for Taxpayers' (pdf - National Conference on Public Employee Retirement System)
- Michigan's Retired State Employees Decry Pension Records Request (Justin A. Hinkley / Lansing State Journal)
- Illinois Stumbles Through Fog Towards New School Funding Formula (Mark Glennon / WirePoints)
- UNSUSTAINABLE: Chicago Has More Retired Cops Collecting Pensions Than Active Cops on the Streets (Nancy Mathieson / WirePoints Illinois)
- UNSUSTAINABLE: New York City Has More Retired Cops Collecting Pensions Than Active Cops on the Streets (op-ed - Nicole Gelinas / New York Post)
- UNSUSTAINABLE: Many Cook County Pension Funds Have More Retirees Collecting Than Workers Paying In (press release - Cook County Treasurer's Office)
- @PensionTsunami is on Twitter
August 15th, 2017
- From Well-Funded Pensions to Basket Case, San Francisco’s Voters Are to Blame (Steven Greenhut & David Schwartzman / California Policy Center)
- The Impact of Transparency (blog - Robert Fellner / Transparent California)
- CalPERS $100,000 Pension Club Up 63% Since 2012, Watchdog Says (Chris Butera / Chief Investment Officer)
- Can an Investment Pro Persuade California's State Workers to Let Him Manage Their CalPERS Pensions? (column - Adam Ashton / Sacramento Bee)
- Mayor of Hazelton, Pennsylvania Proposes Moving $1 Million From City's Pension Fund to Meet Payroll (Associated Press)
- Cook County Soda Tax: Somebody Please Make It Stop (blog - Mary Pat Campbell / STUMP)
- Audit Finds Baton Rouge Police Pension 'Significantly Underfunded' (Steve Hardy / The Advocate)
August 14th, 2017
- 861 Santa Clara County Retired Public Employees Get Pensions of More Than $100,000 Annually (Patrick May / Mercury News)
- California Taxpayers Pay a High Cost for Public Employee Pensions (editorial - Santa Cruz Sentinel)
- Should CalSTRS Join the University of California in Offering 401(k) Option? (blog - Ed Mendel / Calpensions)
- Los Angeles' 'Virtual Bankruptcy' Equals 'Service Insolvency' (Paul Hatfield / CityWatch LA)
- Riverside Officials Knew Since 2015 About Soaring Overtime That Exceeded Some Utility Workers’ Regular Pay (Alicia Robinson / Press-Enterprise)
- High Taxes, Low Services? It's Illinois' Pension Albatross (commentary - Jim Nowlan / Dispatch-Argus)
- Illinois Senate Bill 1 and the State Budget: What's This About Pension Funding? (blog - Mary Pat Campbell / STUMP)
- Marysville, Michigan Officials Confident City Can Build New City Hall, Fund Pensions (Jim Bloch / The Voice)
- Probe Cranston, Rhode Island's Disability Pensions (editorial - Providence Journal)
- New Jersey Media Watching Itself (blog - John Bury / Burypensions)
- Are Louisiana Lawmakers Worth What We Pay Them? (column - Jeremy Alford / Livingston Parish News)
August 13th, 2017
August 12th, 2017
August 11th, 2017
- Bull? Stocks Can't Stave Off California Pension Crisis Forever (Teri Sforza / Orange County Register)
- City of Santa Monica on Top List of Biggest Public Pensions in California (Niki Cervantes / Santa Monica Lookout)
- California Public Employee Pensions Capture Media Headlines (Bethany Klein / Northern California News)
- Simi Valley Police Officers Forgo Pay Hikes for Four Years (Melissa Simon / Simi Valley Acorn)
- A Pair of Proposed Petaluma Tax Increases Would Help With Skyrocketing Costs of Employee Pensions (editorial - Argus-Courier)
- Tiny California Towns and the Tangled Problem of Public Pensions (letter - Sen. John Moorlach / Los Angeles Times)
- CalPERS Is Having an Election - and What You and I Can Do About It! (Tony Butka / CityWatch LA)
- Garbage Workers Are Killed on the Job More Often Than Police or Firefighters (Daniel C. Vock / Governing)
- One Good Investment Year Isn't Enough to Fix Struggling Pension Systems' Problems (Liz Farmer / Governing)
- Is California Cracking Up? (Victor Davis Hanson / Investor's Business Daily)
- California's High-Speed Rail Gets Us Stuck in Traffic (David Schwartzman / CityWatch LA)
- Illinois Pension Cost Shift Could Bring 'Financial Ruin' to Local School Districts (Chris Kaergard / Journal Star)
- Underfunded Pennsylvania Pension Fund Must Do Better, Says State Auditor (Paul Burton / The Bond Buyer)$$
- Postal Service May Default on Retiree Health, Pension Benefits (Hope Yen / Associated Press)
August 10th, 2017
- More CalPERS Retirees Are Getting $100,000 Pensions, According to a New Report (Jeff Horseman / Press-Enterprise)
- CalPERS 2016 Data Shows '$100,000 Pension Club' Has Grown to Nearly 23,000 -- a 63% Increase Since 2012 (release - Transparent California)
- CalPERS Paid Over $20 Billion in Pension Benefits to Retirees in 2016 (Jermaine Ong / KGTV San Diego)
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