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- The Financial Context of the Imminent California Supreme Court Decision on the 'California Rule'
by Edward Ring
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Public Pensions News last updated June 19 4:26pm PST
The complete text of these articles was e-mailed to subscribers.June 19th, 2019
- Updated at 7:05 AM (Pacific):
- 'No Evident Justification' for California Prison Guard Raises in Contract, Analyst Warns (column - Wes Venteicher / Sacramento Bee)
- When a Section 115 Pension Stabilization Trust Is 'Too Good to Be True' (Jeff Chang / Best Best & Krieger)
- As of 5:55 AM (Pacific) . . .
- 650,000 X $54,144 = ? California’s Teacher Retirement System by the Numbers (Mike Antonucci / LA School Report)
- Follow @PensionTsunami on Twitter
June 18th, 2019
- California Pension Fund Faces Crisis After Shunning Guns, Tobacco (Graham Piro / Free Beacon)
- CalPERS Must Stop Transit Workers’ Pension Windfall (Daniel Borenstein / Mercury News)
- Attention, California Lawmakers: Oregon Shows Pension Reform Is Possible in a Democratic State (editorial - San Diego Union-Tribune)
- When Cities Face Hard Financial Times, Pension Liabilities Are Often the First to Go Underfunded (Evgenia Gorina / American Politics and Policy)
- Repeal of Pension Spiking Ban a Final Blow to Illinois Taxpayers (column - Dan McCaleb / The Southern)
- Pension Obligations Weigh on School Finances in New Mexico (Morgan Lee / Associated Press)
June 17th, 2019
- Los Angeles Finally Discloses How Much It Actually Pays for Each Employee's Benefits (Jason Henry / Los Angeles Daily News)
- CalPERS Using More ESG in Investment Strategy (blog - Ed Mendel / Calpensions)
- Valley Reps Push for Bill to Divest California Pension Funds From the Turkish Government (Ariella Plachta / Los Angeles Daily News)
- CalPERS’ Dilemma: Save the World or Make Money? (Heather Gillers / Wall Street Journal)$$
- Redwood City Budget Balanced, But Deficit Forecast (Zachary Clark / San Mateo Daily Journal)
- UC vs. UT: Why Have Spending and Tuition Grown So Much Faster at the University of California? (John Woolfolk / Mercury News)
June 14th, 2019
- Riverside County Pension Costs Could Rise by $280.5 Million by 2023 (Jeff Horseman / Press-Enterprise)
- A Silver Wave? California Braces for Elderly Boom That Could Overburden State (Mila Jasper & Phillip Reese / Sacramento Bee)
- City of Watsonville, California to Start Making Reductions Across the Board (Tony Nunez / Register-Pajaronian)
- Pension Relief, Special Education Funding Highlight California Gov. Newsom's Budget (John Fensterwald / EdSource)
June 13th, 2019
- The Sad, Dying Gasps of California Pension Reform (Steven Greenhut / The American Spectator)
- The Public Agenda Should Trump the Public Sector Union Agenda (op-ed - Edward Ring / Orange County Register)
- California’s Per Pupil Spending and Pension Reform (David Crane/ Fox & Hounds)
- University of Connecticut Faces $19.6 Million Deficit, Driven Largely by Unfunded Pensions (Shannon Larson / Hartford Courant)
- South Carolina Can No Longer Hide From Pension Obligation (op-ed - Richard Eckstrom / Berkeley Independent)
June 12th, 2019
- Los Alamitos' Payments to CalPERS Are the Main Driver Towards the Budget Cliff (Shelley Henderson / Orange County Breeze)
- Helicopter Crashes on Roof of CalPERS-Owned New York Skyscraper (Jim Mustian / Enterprise-Record)
June 11th, 2019
- California Pension Reform Isn’t Happening Fast Enough (editorial - Marin Independent Journal)
- Sacramento's Mayor Raises Concern That Pension Costs Will Devour Measure U Revenue (David Caraccio / Sacramento Bee)
- Oakland Facing 40% Increase in Employee Pension, Health Care Costs in Next Five Years (Jana Katsuyama / KTVU-TV)
- Unfunded Pensions Are Hurting California Students and Teachers (op-ed - Arun Ramanathan & Christopher Edley Jr. / San Francisco Chronicle)
- How Inglewood Sidestepped Voters When It Took on Millions in Debt to Cover Up a Deficit, Then Gave Raises to Executives (Jason Henry / Daily News)
- City of San Diego Flipped on Prop. B -- But It Doesn’t Change Much Yet (Scott Lewis / Voice of San Diego)
- San Luis Obispo Has $150 Million in Unfunded Pensions. Now It Has a Plan to Wipe Out That Burden (Nick Wilson / The Tribune)
- LADWP Sees Nearly 1,000% Increase in Six-Figure Overtime Payouts (Robert Fellner / Transparent California)
- California Retirees’ Pensions Restored -- at Least Partially -- After CalPERS Cuts (Wes Venteicher / Sacramento Bee)
- Yolo County Supervisors to Hold Budget Hearing Today (Anne Ternus-Bellamy / Enterprise)
- New York State's Pension Fund Shouldn't Be Captive to Politics (op-ed - Richard Brower / Buffalo News)
June 10th, 2019
- Trio of Oakland City Employees Cleared Over $1.6 Million in Pay and Benefits Last Year, New Data Show (press release - Transparent California)
- Los Angeles School Tax Flunks Out; Voters Never Told About Pension and Health Care Costs (column - Dan Walters / CALmatters)
- Sonoma County Eyes $1.78 Billion Budget Balanced by Job Cuts (Guy Kovner / Press Democrat)
- San Diego Must Decide Whether to Continue Legal Fight for 2012 Pension Cuts (David Garrick / San Diego Union-Tribune)
- California, Feds Want to Narrow Retirement Gap. They Can’t Agree on How (Kathleen Pender / San Francisco Chronicle)
June 7th, 2019
- What Do Public Safety Unions Stand For? (Edward Ring / California Globe)
- New Jersey Retiree Health Benefits Obligations Soar (Danielle Moran / ThinkAdvisor)
- Ohio Teachers Pension Sued Over Eliminated COLAs (Michael Katz / Chief Investment Officer
- Fitch Casts Doubt Over Returns From Alternative Investments (Steve Randall / Wealth Professional)
- Legal Protections for Public-Sector Pension Benefits Vary Widely, Says Pew Research (Hazel Bradford / Pensions & Investments)
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