May 26, 2017

California Stories

CalPERS: Is It Melting Down? (City Watch)
http://www.citywatchla.com/index.php/los-angeles/13294-calpers-is-it-melting-down

Bay Area cities consider budget cuts to pay increased pension costs (East Bay Times)
http://www.eastbaytimes.com/2017/05/21/cities-consider-budget-cuts-to-pay-increased-pension-costs/

Pension Problem Looms For Sacramento (Capital Public Radio)
http://www.capradio.org/articles/2017/05/24/pension-problem-looms-for-sacramento

Borenstein: Should felons keep their public pensions? (East Bay Times)
http://www.eastbaytimes.com/2017/05/25/borenstein-should-felons-keep-their-full-public-pensions/

Convicted former cop keeps hefty pension, and council members say that’s not right (Fresno Bee)
http://www.fresnobee.com/news/local/crime/article152680454.html

Officials grapple with rising pension costs, debt (Simi Valley Acorn)
http://www.simivalleyacorn.com/news/2017-05-26/Front_Page/Officials_grapple_with_rising_pension_costs_debt.html

“The Wolf is Here,” Santa Monica City Manager Warns as Budget Woes Mount (Santa Monica Lookout)
http://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2017/May-2017/05_25_2017_The_Wolf_is_Here_Santa_Monica_City_Manager_Warns_as_Budget_Woes_Mount.html

National Stories

Lawmakers are ill-advised to close off teacher pensions — it will be costly (Michigan Live)
http://www.mlive.com/opinion/index.ssf/2017/05/lawmakers_are_ill-advised_to_a.html

Nevada lawmakers on path to limit some PERS data from public scrutiny (Reno Gazzete Journal)
http://www.rgj.com/story/news/politics/2017/05/26/nevada-lawmakers-path-limit-some-pers-data-public-scrutiny/347768001/

I-Team: Convicted Public Employees May Still Get To Keep Pensions (CBS Boston)
http://boston.cbslocal.com/2017/05/25/i-team-convicted-public-employees-pensions/

May 25, 2017

California Stories

This borrowing scheme doesn’t sound like Gov. Jerry Brown (San Diego Union Tribune)
http://www.sandiegouniontribune.com/opinion/editorials/sd-brown-pension-borrowing-20170523-story.html

Lawmakers may wait on Gov. Brown’s ambitious pension plan – one he wants now (CalMatters)
https://calmatters.org/articles/lawmakers-may-wait-gov-browns-ambitious-pension-plan/

San Diego DROP pensioners return for more city pay (San Diego Union Tribune)
http://www.sandiegouniontribune.com/news/watchdog/sd-me-drop-callbacks-20170524-story.html

Lack of Transparency in Public Contract Negotiations Would Lead to Higher Taxpayer Costs (Fox & Hounds)
http://www.foxandhoundsdaily.com/2017/05/lack-transparency-public-contract-negotiations-lead-higher-taxpayer-costs/

National Stories

Debate over Mich. public school employees’ pensions continues (Holland Sentinel)
http://www.hollandsentinel.com/news/20170524/debate-over-public-school-employees-pensions-continues

Kate Brown Wants to Cut Pension Costs. Her Agency Director Asked for a Double-Dipping Loophole. (Williamette Week)
http://www.wweek.com/news/2017/05/24/kate-brown-wants-to-cut-pension-costs-her-agency-director-asked-for-a-double-dipping-loophole/

Mandatory penalty for embezzlers — maybe (The Times-Herald)
http://www.thetimesherald.com/story/opinion/editorials/2017/05/24/mandatory-penalty-embezzlers-maybe/102113180/

May 23, 2017

California Stories

California Teachers Struggle As School Administrators Get Generous Pensions (CBS Bay Area)
http://sanfrancisco.cbslocal.com/2017/05/23/california-teachers-struggle-as-school-administrators-get-generous-pensions/

Pension Problem Looms For Sacramento (Capital Public Radio)
http://www.capradio.org/articles/2017/05/24/pension-problem-looms-for-sacramento/

Lack of Transparency in Public Contract Negotiations Would Lead to Higher Taxpayer Costs (Fox & Hounds)
http://www.foxandhoundsdaily.com/2017/05/lack-transparency-public-contract-negotiations-lead-higher-taxpayer-costs/

Teachers want raises, but Trump cuts and little new money are coming (Modesto Bee)
http://www.modbee.com/news/local/education/nan-austin/article152239482.html

National Stories

Pension debt yielding a grim outlook for local governments across the country (The Hill)
http://thehill.com/blogs/pundits-blog/state-local-politics/334865-pension-debt-yielding-a-grim-outlook-for-local

Other U.S. states improve fiscal outlook by changing pensions to 401(k)-type plans (Illinois News Network)
https://www.ilnews.org/news/state_politics/other-u-s-states-improve-fiscal-outlook-by-changing-pensions/article_f33bd580-3f07-11e7-a304-273f30ef9cb9.html

May 22, 2017

California Stories

Brown admin’s untried proposal could save billions on pensions (Capital Public Radio)
http://kcbx.org/post/brown-admins-untried-proposal-could-save-billions-pensions#stream/0

Dan Walters: Borrowing scheme for CalPERS deserves more scrutiny (Sacramento Bee)
http://www.sacbee.com/news/politics-government/politics-columns-blogs/dan-walters/article151596462.html

CalPERS may cut Trinity water district pensions (Calpensions)
https://calpensions.com/2017/05/22/calpers-may-cut-trinity-water-district-pensions/

Government pensions leave retirees, taxpayers in a bind (Fairfield Daily Republic)
http://www.dailyrepublic.com/solano-news/solano-business/local-business-columnists/government-pensions-leave-retirees-taxpayers-in-a-bind/

Pro-union bill would hurt cities and counties (OC Register)
http://www.vvdailypress.com/news/20170520/pro-union-bill-would-hurt-cities-and-counties

National Stories

NJ governor hopefuls grapple with public pension system (AP)
http://www.miamiherald.com/news/business/article151702107.html

New Jersey Governor Hopefuls Grapple with Public Pension System (NBC Philadelphia)
http://www.nbcphiladelphia.com/news/local/New-Jersey-Governor-Hopefuls-Grapple-with-Public-Pension-System-423329194.html

Gov. Snyder’s budget talks canceled due to disagreement over school employee pensions (AP)
http://www.dailytribune.com/general-news/20170519/gov-snyders-budget-talks-cancelled-due-to-disagreement-over-school-employee-pensions

Why closing Michigan pension system didn’t stop debt (Detroit News)
http://www.detroitnews.com/story/news/politics/2017/05/22/michigan-pension/101997024/

Chicago Teachers Pension fund paid out $1.5 billion in ’16, earned $7.8 million (Chicago City Wire)
http://chicagocitywire.com/stories/511118108-chicago-teachers-pension-fund-paid-out-1-5-billion-in-16-earned-7-8-million

RESEARCH & COMMENTARY: SOLUTION FOR ILLINOIS PENSION CRISIS IS CLOSER THAN YOU THINK (Heartland Institute)
https://www.heartland.org/publications-resources/publications/research–commentary-solution-for-illinois-pension-crisis-is-closer-than-you-think

May 19, 2017

California Stories

State officials contend California private-sector retirement plan on firm legal ground (LA Times)
http://www.latimes.com/business/la-fi-secure-choice-announcement-20170518-story.html

California leaders vow to continue state-run retirement plan (AP)
http://www.mercedsunstar.com/news/business/article151352767.html

California officials pledge to continue moving forward on Secure Choice program (Pensions & Investments)
http://www.pionline.com/article/20170518/ONLINE/170519853/california-officials-pledge-to-continue-moving-forward-on-secure-choice-program

Underspending proves costly for California (San Diego Union Tribune)
http://www.sandiegouniontribune.com/opinion/commentary/sd-utbg-california-spending-mathews-20170518-story.html

San Diego Explained: The Pension Problem Plaguing San Diego (Voice of San Diego)
http://www.voiceofsandiego.org/topics/news/san-diego-explained-pension-problem-plaguing-san-diego/

San Diego Union Appeals Ruling Upholding Pension Changes (Chief Investment Officer)
https://www.ai-cio.com/news/san-diego-union-appeals-ruling-upholding-pension-changes/

National Stories

Kentucky’s public pension debt just got billions bigger (Lexington Herald Leader)
http://www.kentucky.com/news/politics-government/article151237297.html

We’re long past ‘how did we get here’ on pensions – now it’s time for real fixes: Barry Shutt (Penn Live)
http://www.pennlive.com/opinion/2017/05/were_long_past_how_did_we_get.html

May 18, 2017

California Stories

Sonoma County supervisors create permanent citizens panel on pension reform (Santa Rosa Press Democrat)
http://www.pressdemocrat.com/news/6923542-181/sonoma-county-supervisors-create-permanent?artslide=0

Revolt of the California ‘Freeloaders’ (American Spectator)
https://spectator.org/revolt-of-the-california-freeloaders/

Investor Group, Pension Funds Oppose Financial Choice Act (WSJ)
https://www.wsj.com/articles/investor-group-pension-funds-oppose-financial-choice-act-1495060509

 

 

May 17, 2017

California Stories

John Moorlach: Here’s why Brown’s plan to prepay CalPERS is smart (Redding Record Searchlight)
http://www.redding.com/story/opinion/columnists/2017/05/16/heres-why-browns-plan-prepay-calpers-smart/101757260/

Ex-Mercy Health CIO to lead Orange County pensions (Institutional Investor)
http://www.institutionalinvestor.com/article/3717959/investors-pensions/ex-mercy-health-cio-to-lead-orange-county-pension.html#.WRxgChPyv6Y

Grand jury focuses on pension and audit issues (Redding Record Searchlight)
http://www.redding.com/story/news/local/2017/05/16/grand-jury-focuses-pension-and-audit-issues/101746372/

National Stories

ILLINOIS LAWMAKERS ATTEMPT TO BAIL OUT CHICAGO PUBLIC SCHOOLS YET AGAIN (Illinois Policy)
https://www.illinoispolicy.org/illinois-lawmakers-attempt-to-bail-out-chicago-public-schools-yet-again/

Illinois House committee approves sweeping pension bills (State Journal Register)
http://www.sj-r.com/news/20170516/house-committee-approves-sweeping-pension-bills

How Puerto Rico Is Grappling With a Debt Crisis (New York Times)
https://www.nytimes.com/interactive/2017/business/dealbook/puerto-rico-debt-bankruptcy.html

Mich. GOP leaders still focused on pensions after revenues revised (AP)
http://www.crainsdetroit.com/article/20170516/NEWS01/170519859/gop-leaders-still-focused-on-pensions-after-revenues-revised

 

May 16, 2017

California Stories

Gov. Brown’s Proposed $6 billion Pension Payment is a Bad Investment (Fox & Hounds)
http://www.foxandhoundsdaily.com/2017/05/gov-browns-proposed-6-billion-pension-payment-bad-investment/

Editorial: Playing catch-up on public pension funding (LA Daily News)
http://www.dailynews.com/opinion/20170515/playing-catch-up-on-public-pension-funding

CalPERS officials say combining private, global equity benchmarks would help staff (Pensions & Investments)
http://www.pionline.com/article/20170515/ONLINE/170519915/calpers-officials-say-combining-private-global-equity-benchmarks-would-help-staff

National Stories

States to persist with secure choice (Pensions & Investments)
http://www.pionline.com/article/20170515/PRINT/305159977/states-to-persist-with-secure-choice

How Technology Can Solve America’s Twin Pension Crises (The Fiscal Times)
http://www.thefiscaltimes.com/Columns/2017/05/15/How-Technology-Can-Solve-America-s-Twin-Pension-Crises

The Pension Storm Cometh (The American Interest)
https://www.the-american-interest.com/2017/05/15/the-pension-storm-cometh/

Missouri Legislature passes public worker pension changes (AP)
http://www.newstribune.com/news/missouri/story/2017/may/12/missouri-legislature-passes-pension-changes/673768/

R.I. Retirement Board lowers expected investment gains (Providence Journal)

http://www.providencejournal.com/news/20170515/ri-retirement-board-lowers-expected-investment-gains

Judge Upholds Tax to Fund Jacksonville, Florida Pension (Chief Investment Officer)
https://www.ai-cio.com/news/judge-upholds-tax-fund-jacksonville-florida-pension/

Op-ed: Time for Pa. to stop paying fat pensions to criminals (Philadelphia Inquirer)
http://www.philly.com/philly/columnists/john_baer/Baer-pension-reform-pennsylvania-criminal-mellow.html

May 12, 2017

California Stories

Brown: extra $6 billion to cut state pension debt (Calpensions)
https://calpensions.com/2017/05/12/brown-extra-6-billion-to-cut-state-pension-debt/

OPINION We can stop California’s next looming fiscal crisis if we act now (OC Register)
http://www.ocregister.com/2017/05/11/dont-ignore-the-next-looming-fiscal-crisis/

California governor’s latest budget proposal doubles pension contribution to CalPERS (Pensions & Investments)
http://www.pionline.com/article/20170511/ONLINE/170519959/california-governors-latest-budget-proposal-doubles-pension-contribution-to-calpers

National Stories

Christie administration shows how it plans to slash public pension debt (NJ.com)
http://www.nj.com/politics/index.ssf/2017/05/christie_administration_details_plan_to_slash_publ.html

Christie administration details plan to use lottery to shore up pensions (NorthJersey.com)
http://www.northjersey.com/story/news/new-jersey/2017/05/12/christie-administration-details-plan-use-lottery-shore-up-pensions/317888001/

Hedge Funds Vie With Puerto Rico Workers Over Getting Paid First (Bloomberg)
https://www.bloomberg.com/news/articles/2017-05-12/hedge-funds-vie-with-puerto-rico-workers-over-getting-paid-first

May 11, 2017

California Stories

Pensions, state and federal policies, throw county budget a curveball (San Diego Union Tribune)
http://www.sandiegouniontribune.com/news/politics/sd-me-county-budget-20170505-story.html

The GOP is trying to kill California’s new private-sector retirement plan. State officials vow to push ahead (LA Times)
http://www.latimes.com/politics/la-fi-state-retirement-plan-20170510-htmlstory.html

Pension Tension, Part 2: Don’t California My Texas (Nasdaq)
http://www.nasdaq.com/article/pension-tension-part-2-dont-california-my-texas-cm787495#ixzz4gmZT0hiF

CalPERS, CalSTRS outline diversity efforts at forum (Pensions & Investments)
http://www.pionline.com/article/20170510/ONLINE/170519980/calpers-calstrs-outline-diversity-efforts-at-forum

National Stories

Column: U.S. states want to give a gentle push on retirement saving (Reuters)
http://www.reuters.com/article/us-column-miller-retirement-idUSKBN1871NS

May 10, 2017

National Stories

How much does Wall Street make from Nashville’s pension fund? Nobody knows. (The Tennessean)
http://www.tennessean.com/story/news/politics/2017/05/10/how-much-does-wall-street-make-nashvilles-pension-fund-nobody-knows/314520001/

Labor Voices: GOP plan destroys pensions (The Detroit News)
http://www.detroitnews.com/story/opinion/2017/05/10/teacher-pensions/101492798/

SC pension solutions: Pay state workers more? Raise the cigarette tax? (The State)
http://www.thestate.com/news/politics-government/article149494994.html

Editorial: Their not-so-golden years (Albany Times-Union)
http://www.timesunion.com/tuplus-opinion/article/Editorial-Their-not-so-golden-years-11133751.php

May 9, 2017

California Stories

Op-ed: Cost pressures facing school districts are very real (Sacramento Bee)
http://www.sacbee.com/opinion/op-ed/soapbox/article148760014.html

CalSTRS rates are doubling, but is that enough? (Calpensions)
https://calpensions.com/2017/05/08/calstrs-rates-are-doubling-but-is-that-enough/

OPINION Put an end to playing politics with pension funds (OC Register)
http://www.ocregister.com/2017/05/03/put-an-end-to-playing-politics-with-pension-funds/

The Grass Gets Greener: New data tells old story of public-employee greed (R Street)
http://www.rstreet.org/op-ed/the-grass-gets-greener-new-data-tells-old-story-of-public-employee-greed/

Pensions Are a Problem in the Heart of Silicon Valley (The American Interest)
https://www.the-american-interest.com/2017/05/09/pensions-are-a-problem-in-the-heart-of-silicon-valley/

Ventura adjusts CalPERS payments (Ventura County Star)
http://www.vcstar.com/story/news/local/communities/ventura/2017/05/09/ventura-adjusts-calpers-payments/101458056/

In crackdown on leaks, CalPERS board disciplines one of its own (Sacramento Bee)
http://www.sacbee.com/news/politics-government/the-state-worker/article148494384.html

National Stories

Christie vetoes bill to give police and firefighters control over pension (Burington County Times)
http://www.burlingtoncountytimes.com/news/local/christie-vetoes-bill-to-give-police-and-firefighters-control-over/article_42d0e70e-342a-11e7-ae12-abb035ca3785.html

May 8, 2017

California Stories

Seeing a threat to Paris accord, CalPERS urges countries to commit to climate pact (Sacramento Bee)
http://www.sacbee.com/news/politics-government/the-state-worker/article149207184.html

Increasing Number of Experts Project “Meltdown” of California’s Public Pension System (Fox & Hounds)
http://www.foxandhoundsdaily.com/2017/05/increasing-number-experts-project-meltdown-californias-public-pension-system/

University Of California ‘Recalled Retirees’ Receiving $300,000+ In Annual Pensions (CBS Bay Area)
http://sanfrancisco.cbslocal.com/2017/05/05/university-of-california-retirees-300k-pensions/

CalPERS board member disciplined for violating confidentiality rules (Pensions & Investments)
http://www.pionline.com/article/20170505/ONLINE/170509879/calpers-board-member-disciplined-for-violating-confidentiality-rules

National Stories

GOP Axes Blue State Retirement Plans (The American Interest)
https://www.the-american-interest.com/2017/05/05/gop-axes-blue-state-retirement-plans/

State and Local Government Pensions at the Crossroads (The CPA Journal)
http://www.cpajournal.com/2017/05/08/state-local-government-pensions-crossroads/

May 5, 2017

California Stories

New taxes should include pension solution (Petaluma Argus Courier)
http://www.petaluma360.com/opinion/6934522-181/new-taxes-should-include-pension

Letters: H.B. City Hall, not CalPERS, decided how much to guarantee in employee pensions (Daily Pilot)
http://www.latimes.com/socal/daily-pilot/opinion/tn-dpt-me-mailbag-20170504-story.html

National Stories

N.C. public employee pension, health benefits phase-out debated (AP)
http://www.journalnow.com/news/state_region/public-employee-pension-health-benefits-phase-out-debated/article_7d504fe3-40f5-5662-9d43-4980f5db49c1.html

Contractor still trying to collect NJ pension years after Christie blasted the ‘insanity’ (New Jersey 101.5)
http://nj1015.com/contractor-still-trying-to-collect-nj-pension-years-after-christie-blasted-the-insanity/?trackback=tsmclip

May 4, 2017

California Stories

Editorial: Rogue state agency loses effort to undermine pension reform (East Bay Times)
http://www.eastbaytimes.com/2017/05/03/editorial-voters-retain-their-critical-voice-in-public-pension-reform/

David Kersten: California Legislature’s “Business as Usual” Approach Continues to Pile on the Public Debt (Fox & Hounds)
http://www.foxandhoundsdaily.com/2017/05/california-legislatures-business-usual-approach-continues-pile-public-debt/

California public pension shortfall one of nation’s largest (Fresno Bee)
http://www.fresnobee.com/news/politics-government/article148198789.html

The Grass Gets Greener: New Data Tells Old Story of Public-Employee Greed (American Spectator)
https://spectator.org/new-data-tells-old-story-of-public-employee-greed/

May 3, 2017

California Stories

Dan Walters: California public pension shortfall one of nation’s largest (Sacramento Bee)
http://www.sacbee.com/news/politics-government/politics-columns-blogs/dan-walters/article148181774.html

One thing New York does far better than California? Pensions (San Diego Union Tribune)
http://www.sandiegouniontribune.com/opinion/editorials/sd-california-pensions-copy-new-york-20170502-story.html

It’s time to worry about our pensions (Los Altos Town Crier)
https://www.losaltosonline.com/news/sections/business/185-columns/55241-it-s-time-to-worry-about-our-pensions

Employees demonstrate at county Sanitation Districts headquarters as tensions rise over salary talks (LA Daily News)
http://www.dailynews.com/business/20170502/employees-demonstrate-at-county-sanitation-districts-headquarters-as-tensions-rise-over-salary-talks

National Stories

Column: Preparing for the ‘pension tsunami’ (The Salem News)
http://www.salemnews.com/opinion/columns/column-preparing-for-the-pension-tsunami/article_83871c86-6d06-59df-90cc-5e81df3e7ea2.html

May 1, 2017

California Stories

Opinion: California Teachers Retirement System Pushes Back on Pension Criticism (Times of San Diego)
http://timesofsandiego.com/opinion/2017/04/28/opinion-california-teachers-retirement-system-pushes-back-on-pension-criticism/

Sonoma County’s double-dippers cost taxpayers but provide services, savings (Santa Rosa Press Democrat)
http://www.pressdemocrat.com/news/6853280-181/sonoma-countys-double-dippers-cost-taxpayers?artslide=0

New York pension systems outperform California (Calpensions)
https://calpensions.com/2017/05/01/new-york-pension-systems-outperform-california/

CalSTRS considering new engagement push (Pensions & Investments)
http://www.pionline.com/article/20170501/PRINT/305019983/calstrs-considering-new-engagement-push

National Stories

Pension fights in Dallas, Houston raise fears of police, firefighter shortages (Texas Tribune)
https://www.texastribune.org/2017/05/01/pension-fights-could-alter-how-texas-cities-hire-keep-first-responders/

The moving target of pension fund opponents (San Antonio Express-News)
http://www.mysanantonio.com/opinion/commentary/article/The-moving-target-of-pension-fund-opponents-11107095.php

Michigan AG: Convicted ex-Detroit principals won’t get full pensions (Detroit Free Press)
http://www.freep.com/story/news/local/michigan/detroit/2017/05/01/detroit-principals-bribes-reduced-pensions/101145390/

Jacksonville employees won’t get pensions, but some elected leaders will (Florida Times-Union)
http://jacksonville.com/news/metro/2017-04-27/jacksonville-employees-won-t-get-pensions-some-elected-leaders-will

Fairfax County debates employee pension reform (Fairfax County Times)
http://www.fairfaxtimes.com/articles/fairfax-county-debates-employee-pension-reform/article_43d78f04-2c46-11e7-adc6-3fb59d256741.html

April 27, 2017

California Stories

What should LAUSD do about its ballooning benefits costs? (KPCC)
http://www.scpr.org/news/2017/04/27/71149/what-should-lausd-do-about-its-ballooning-benefits/

Walnut Creek moves to set aside money for escalating pension costs (East Bay Times)
http://www.eastbaytimes.com/2017/04/26/walnut-creek-moves-to-set-aside-money-for-escalating-pension-costs/

Antioch will face bankruptcy if half-cent sales tax expires, finance official says (East Bay Times)
http://www.eastbaytimes.com/2017/04/26/antioch-will-face-bankruptcy-if-half-cent-sales-tax-expires-finance-official-says/

Palo Alto’s proposed budget tuned to tackle some lingering issues (San Jose Mercury News)
http://www.mercurynews.com/2017/04/26/palo-altos-proposed-budget-tuned-to-tackle-some-lingering-issues/

City managers worried about soaring public pensions (Woodland Daily Democrat)
http://www.dailydemocrat.com/opinion/20170425/city-managers-worried-about-soaring-public-pensions

April 26, 2017

California Stories

Chuck Reed: Think Public Pensions Can’t Be Cut? Think Again. (Governing)
http://www.governing.com/gov-institute/voices/col-public-pension-cuts-unsustainable-retirement-systems.html

Unions kill bill to cut cost-of-living increases for CalPERS pensions (Sacramento Bee)
http://www.sacbee.com/news/politics-government/the-state-worker/article146516764.html

Split roll property tax proposal is really a pension tax (Fox & Hounds)
http://www.foxandhoundsdaily.com/2017/04/split-roll-property-tax-proposal-really-pension-tax/

Money short for raises, pensions? Teachers say school districts are crying wolf (Sacramento Bee)
http://www.sacbee.com/news/local/education/article146448049.html

April 25, 2017

California Stories

Union will appeal San Diego pension cuts ruling to the Supreme Court (San Diego Union Tribune)
http://www.sandiegouniontribune.com/news/politics/sd-me-pension-supreme-20170424-story.html

The billion-dollar budget item Garcetti didn’t mention in his State of the City speech (LA Times)
http://www.latimes.com/local/lanow/la-me-pensions-20170421-story.html

Herhold: The worst local decisions of the last 50 years (San Jose Mercury News)
http://www.mercurynews.com/2017/04/24/the-worst-local-decisions-of-the-last-50-years/

Marin Voice: Voters need to insist on public pension reform (Marin Independent Journal)
http://www.marinij.com/opinion/20170424/marin-voice-voters-need-to-insist-on-public-pension-reform

Sunnyvale public employees group planning strike vote on April 25 (San Jose Mercury News)
http://www.mercurynews.com/2017/04/24/sunnyvale-workers-group-planning-strike-vote-on-april-25/

National Stories

Public Pensions: 5 things to know about teacher pension system (Dayton Daily News)
http://www.daytondailynews.com/news/state–regional-govt–politics/public-pensions-things-know-about-teacher-pension-system/NqmnpObSwgAxTscH4dz2OP/

April 22, 2017

California Stories

Borenstein: City managers concerned pensions will cause more bankruptcies (East Bay Times)
http://www.eastbaytimes.com/2017/04/21/borenstein-city-managers-concerned-pensions-will-cause-more-bankruptcies/

Underfunded CalPERS, CalSTRS dislike divestment (Calpensions)
https://calpensions.com/2017/04/24/underfunded-calpers-calstrs-dislike-divestment/

Joel Fox: Split roll property tax proposal is really a pension tax (Sacramento Bee)
http://www.sacbee.com/opinion/op-ed/soapbox/article145645924.html

CalPERS, CalSTRS to vote against some Wells Fargo directors (SF Chronicle)
http://www.sfgate.com/business/networth/article/CalPERS-CalSTRS-to-vote-against-some-Wells-Fargo-11090735.php

Wells Fargo Directors Face Uncertain Prospects (Fox Business)
http://www.foxbusiness.com/features/2017/04/23/wells-fargo-directors-face-uncertain-prospects.html

National Stories

Mississippi pension funding too low: Report (AP)
http://www.clarionledger.com/story/news/local/2017/04/23/mississippi-pension-funding-too-low-report/100828412/

State investment board staff to reap record bonus total (Wisconsin State Journal)
http://host.madison.com/wsj/news/local/govt-and-politics/state-investment-board-staff-to-reap-record-bonus-total/article_7ad4010b-9c51-5807-90cf-e4d6fa2eb54a.html

EDITORIAL State actions are overdue (Eugene Register-Guard)
http://registerguard.com/rg/opinion/35507125-78/state-actions-are-overdue.html.csp

Oust N.J. incumbents who block sick-pay reform | Feedback (NJ.com)
http://www.nj.com/opinion/index.ssf/2017/04/oust_nj_incumbents_who_block_sick-pay_reform_feedback.html

April 21, 2017

California Stories

Could San Bernardino face bankruptcy again? City manager says he doesn’t see it happening (San Bernardino Sun)
http://www.sbsun.com/government-and-politics/20170420/could-san-bernardino-face-bankruptcy-again-city-manager-says-he-doesnt-see-it-happening

California State Agency Effort to Nullify Pension Vote Is Eerily Totalitarian (Reason)
http://reason.com/archives/2017/04/21/california-state-agency-effort-to-nullif

National Stories

State public pension funding gap hits $1.1 trillion in 2015 -Pew (Reuters)
http://www.nasdaq.com/article/state-public-pension-funding-gap-hits-11-trillion-in-2015-pew-20170420-01062#ixzz4etfN7Krn

Why Small-Business Owners Should Offer Pension Plans (Ft. Levenworth Lamp)
http://www.ftleavenworthlamp.com/business/20170421/why-small-business-owners-should-offer-pension-plans

April 20, 2017

California Stories

Proposed state pension reform is hot topic at H.B. council meeting (Daily Pilot)
http://www.latimes.com/socal/daily-pilot/news/tn-dpt-me-hb-pensions-20170419-story.html

Rewarding Public Employees With New Tax Hikes on the Private Sector (The American Spectator)
https://spectator.org/rewarding-public-employees-with-new-tax-hikes-on-the-private-sector/

State court punches union-backed ‘judge’ in the head (R Street)
http://www.rstreet.org/op-ed/state-court-punches-union-backed-judge-in-the-head/

April 19, 2017

California Stories

Editorial: Politics shouldn’t drive pension investments (Santa Rosa Press Democrat)
http://www.pressdemocrat.com/opinion/6902154-181/pd-editorial-politics-shouldnt-drive

Retirees of defunct San Gabriel Valley job agency to CalPERS: ‘Don’t throw away our futures’ (San Gabriel Valley Tribune)
http://www.sgvtribune.com/government-and-politics/20170418/retirees-of-defunct-san-gabriel-valley-job-agency-to-calpers-dont-throw-away-our-futures

L.A. retirees lose last-ditch appeal for pensions at CalPERS (Sacramento Bee)
http://www.sacbee.com/news/politics-government/the-state-worker/article145331684.html

California high court sets stage for major pension ruling (R Street)
http://www.rstreet.org/op-ed/california-high-court-sets-stage-for-major-pension-ruling/

Can Public Workers Get Pension Benefits Without Actually Working? California Supreme Court Will Decide (Reason)
http://reason.com/blog/2017/04/18/some-california-public-workers-can-get-c

National Stories

Business leaders advocate for ending public pension, retiree health care benefits (Crain’s Detroit Business)
http://www.crainsdetroit.com/article/20170418/NEWS/170419811/business-leaders-advocate-for-ending-public-pension-retiree-health