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- CalPERS $100,000 Pension Club Saw Explosive Growth in 2012; Total Membership Is Now Almost 15,000
by Teri Sforza
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Public Pensions News last updated March 7 8:43am PST
The complete text of these articles was e-mailed to subscribers.March 7th, 2014
- New Alarm Bell About Public Pensions: Moody’s Warns Two Bankrupt California Cities About Reforming Retiree Costs (editorial - Orange County Register)
- Estimate of How Much California Owes for Retiree Healthcare Keeps Rising (Chris Megerian / Los Angeles Times)
- TO RECEIVE DAILY EMAIL HEADLINE SUMMARIES >> CLICK HERE
- California Controller Unveils Plan to Reduce State's $64.6 Billion Retiree Health Care Liability (press release)
- Unfunded Debt of California's State Worker Health Care Continues to Climb (Allen Young / Sacramento Business Journal)
- READ THE ACTUARIAL REPORT: State of California Retiree Health Benefits Program (pdf)
- The Unintended Consequences of High-Cost Employer Paid Health Insurance for Public Employees (Robert Fellner / UnionWatch)
- The 'California Rule' and 'The Fall of Pacific Grove' (Ivan Osorio / OpenMarket.org)
- San Jose Mayor Chuck Reed's Budget: Booming Economy Won't Help Much to Restore Services (Mike Rosenberg / Mercury News)
- CalPERS Just Called Me (blog - John Seiler / CalWatchdog)
- California State Sen. De Leon Urges Probe of Former Vernon Official's $541,000 Pension (Jeff Gottlieb / Los Angeles Times)
- California Lawmaker Wants to Stop 'Excessive' School Superintendent Pay (Adolfo Guzman-Lopez / Southern California Public Radio)
- Residents of Montebello, California Demand Special Pension Tax Remain in City (EGP News)
- BOOK REVIEW: 'The Beholden State: California's Lost Promise and How to Recapture It' (Mark Pulliam / The Weekly Standard)
- PBS's WorstHour? (column - Allysia Finley / Wall Street Journal) $$
- 'Retired’ School Chief Teaches New Jersey Pension Fund a $1.7 Million Lesson (Mark Lagerkvist / New Jersey Watchdog)
- De Blasio, Emanuel Bemoan US Indifference to Cities' Financial Plight (Tim Jones / Bloomberg)
- Rockford, Illinois' Dangerous Pension Status (audio - Ted Dabrowski / WROK Radio)
- Jacksonville Mayor Calls Need for Pension Reform a 'Moral' Issue (Anne Schindler / First Coast News)
- A Middle Ground in the Pension Wars (Matthew M. Chingos / Real Clear Politics)
- READ THE REPORT: Improving Public Pensions: Balancing Competing Priorities (pdf - Mahler, Chingos and Whitehurst / Brookings Institution)
- Bankrupt Cities? What About Distressed Cities? (Liz Farmer / Governing)
- Military Proposes Revolutionary Changes in Retirement Benefits (Andrew Tilghman / Army Times)
- The Fabulous Life of Your US Legislator (Naureen Khan / Al Jazeera)
- OFFICIAL WEBSITE: The California Pension Reform Act of 2014 (Coalition for Fair and Sustainable Pensions)
- OFFICIAL WEBSITE: Ventura County Pension Reform Initiative (Committee for Pension Fairness)
- SEARCHABLE DATABASE: The CalPERS $100,000 Pension Club
- SEARCHABLE DATABASE: The CalSTRS $100,000 Pension Club
- UNSUSTAINABLE: New York City Now Has More Retired Cops Collecting Pensions Than Active Cops on the Streets (op-ed - Nicole Gelinas / New York Post)
March 6th, 2014
- California Felon Fights to Keep His $541,000 Public Pension (Teri Sforza / Orange County Register)
- How the 'California Rule' Holds Back Pension Reform (Ivan Osorio / OpenMarket.org)
- A Sweet Deal for San Diego’s New Police Chief (editorial - U-T San Diego)
- Report: Rockford, Illinois' Taxpayer Pension Liability Is Double What It Was a Decade Ago (Kevin Haas / Rockford Register Star)
- Chicago’s Pension Crisis and Latest Credit Downgrade (audio - John Kass and Lauren Cohn / WLS Radio)
- Pension Funds' 13th-Check Dispute Goes to Michigan Supreme Court (Paul Egan / Detroit Free Press)
- Rhode Island's Winding Road to Serious Pension Reform (Charles Chieppo / Governing)
- Without Leaders Shaping Rhode Island's Economy, Pension Problems Will Return (op-ed - Bob Holmes / Valley Breeze)
- Other Michigan Cities in Pension Debt -- It's Not Just a Detroit Problem (James M. Hohman / Mackinac Center)
- Proposal Would Overhaul Kentucky's Pension Systems (John Cheves / Lexington Herald-Leader)
- Naperville, Illinois City Council Rescinds Pension Benefit (Melissa Jenco / Chicago Tribune)
- Philadelphia Mayor Strikes Deal to Sell Utility to Help Fund Pensions (Ron Todt / Associated Press)
- Who Wants to See Their State Go Broke? (Ivan Osorio / OpenMarkets.org)
March 5th, 2014
- California Mayors Fight Pension Powers That May Cut Their Costs (Alison Vekshin / Bloomberg)
- Public Sector Pension Plans Like CalSTRS Do Not Pass the 'Smell Test' (Ed Ring / UnionWatch)
- California’s Legislative Analyst Says Cost for State Workers’ Pay to Increase $500,000,000 Next Year (column - Jon Ortiz / Sacramento Bee)
- READ: The 2014-15 California Budget: State Worker Salary, Health Benefit, and Pension Costs (pdf - Mac Taylor / Legislative Analyst)
- Why Are Retirements of California's Local Government Employees Spiking? (column - Jon Ortiz / Sacramento Bee)
- Thousand Oaks City Council Opts Against Pay Raise; Agrees to Contribute More Toward Pensions (Anna Bitong / Thousand Oaks Acorn)
- Why Is Nobody Listening to Warren Buffett on Public Pensions? (Michael Moritz / Linked In)
- Data Show How Much New York City Workers Earn; NYPD Employees Earned $635 Million in Overtime (NBC New York)
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