Fighting Back on Retirement Benefits

Fighting Back on Retirement Benefits

January 16, 2018

California Stories

California Pensions Convene Anti-Sexual Harassment Coalition (Chief Investment Officer)

CalPERS Gives $500 Million to New Private Equity Fund of Funds (Chief Investment Officer)

National Stories

Lawmakers form working group to ‘reset’ efforts to save public pensions (WLKY)

Mexico to Double Pension Benefits, Reduce Retirement Age (Chief Investment Officer)

January 14, 2019

California Stories

Governor seeks extra pension payments (Cal Matters)

New California gov proposes paying extra $3B to CalPERS pension fund (Bloomberg)

Editorial | Gov. Newsom’s pension paydown plan: Part smart, part is scary. (San Diego Union Tribune)

It didn’t fix the L.A. teacher strike, but Newsom’s pension idea would help schools, anyway (Cal Matters)

Strike or No Strike, Pensions Problematic for LA Schools (AP)

L.A. teachers are borrowing the #RedForEd hashtag and talking points. Here’s how their strike would be different from last year’s red state walkouts (LA School Report)

‘Lock the door and throw away the key’: As strike looms, LAUSD asks Newsom to intercede (Cal Matters)

A booming economy hasn’t put a dent in Ventura’s pension debt (Ventura County Star)

Riverside Board Targets Salton Sea, Pension Costs in Latest Platform (Patch)

National Stories

Oh sure, Pritzker, Madigan and Democrats will fix Illinois (Chicago Now)

New York mayor proposes city-managed IRA for private-sector workers (Pensions & Investments)

Once deposited, pension funds become private (The Vindicator)

January 10, 2019

California Stories


My turn: California’s other fiscal time bomb (Cal Matters)

OPINION California’s massive debt should caution against big spending (OC Register)

Why Guy | Why doesn’t ‘Transparent California’ post employee’s pensions? (ABC 10)

Making It in San Diego: Cost of housing driving up retirement spending in California (10 News San Diego)

Campaign Seeks to Limit Public Unions Political Clout (Times of San Diego)

San Francisco Employees’ Retirement System Becomes Major ESG Force (Chief Investment Officer)

National Stories

As Retiree Health-Care Costs Soar, Public Employers Turn to Private Insurers (Governing)

Pension reform is main topic, but not the only one, on voters’ minds as legislative session begins (State Journal (Kent.)

January 9, 2019

California Stories

CalPERS No. 2 Investment Officer Resigns (Chief Investment Officer)

CalPERS’ chief operating investment officer resigns (Pensions & Investments)

National Stories

Editorial: ‘Grubby’ pay-raise bill is a shameful display of greed (The Vindicator (Ohio)

January 8, 2019

California Stories

The economy is booming. Why are so many California schools broke? (Sacramento Bee)

At least 3 new faces will join the CalPERS board in 2019. What’s ahead for your pension? (Sacramento Bee)

Cities Across OC Struggle with Law Enforcement and Fire Pensions (Voice of OC)

CalPERS senior executive seen as ‘instrumental’ to PE strategy resigns (PE Hub)

CalPERS Discloses Names of Potential Candidates to Run New Private Equity Organizations (Chief Investment Officer)

Letter: County pensions (Ventura County Star)

National Stories

Paducah looking for ways to fund employee pensions (WPSD (Kent.)

January 7, 2019

California Stories

Brown cut retirement debt bigger than pensions (Calpensions)

Skelton: As California’s new governor, Gavin Newsom needs to address what no one wants to talk about (LA Times)

At least 3 new faces will join the CalPERS board in 2019. What’s ahead for your pension? (Sacramento Bee)

OPINION Jerry Brown’s warning of ‘fiscal oblivion’ (SoCal News Group)

Editorial: Delay on pay hikes for county brass would have been warranted (Marin Independent Journal)

National Stories

Return of volatility, fee pressures top P&I’s list of 2018 stories (Pensions & Investments)

Opinion: Open record and government pensions (Las Vegas Review-Journal)

Letter: Tensions growing, jobs disappearing (The Inter Mountain)

Marysville gets ‘clean’ opinion on annual audit (The Voice (Mich.))

January 2, 2019

California Stories

Brown leaves with pension reform pending (Capitol Weekly)

National Stories

As Kentucky pension battle rages on, here’s why Tennessee government workers are secure (Nashville Tennessean)

Pensions, pot and gambling? Not a Utah problem (Deseret News)

Pension reporting clouds school finance reports (Daily Advance (N.C.)

December 28, 2018

California Stories

CalPERS Engages Private Prison Companies (Chief Investment Officer)

California Is In Great Financial Shape – And Headed For An Epic Crisis (Gold Seek)

National Stories

Analysis faults Pennsylvania for budget trickery, notes modest efforts to address pension debt (Pennsylvania Watchdog)

December 26, 2018

California Stories

Jerry Brown predicts ‘fiscal oblivion’ if pensions are off limits for government employers (Sacramento Bee)

Dan Walters: Brown Redux, Part 4: What will be his legacy? (Cal Matters)

John Chiang: CalSavers will enable 7.5 million more workers to start preparing for retirement

Editorial: Newsom must deal with pensions and DMV fixes (Santa Cruz Sentinel)

Newsmaker 2018: Pension crisis threatened local governments’ budgets (Santa Cruz Sentinel)

Glendale’s rising pension costs drive projected $4M budget deficit (Glendale News-Press)

LA Forecast: Pensions and Budget Will Be Clobbered by Poor Investment Returns (City Watch)

CalPERS Planned Private Equity Program Could Grow Quickly (Chief Investment Officer)

CalPERS may move soon on new private equity model (Pensions & Investments)


National Stories

States push forward with expanding retirement savings as congressional bills die (CNBC)

Pensions provide a welcome cushion as Seattle couple eyes retirement options (Seattle Times)


Guest View: A moral case for Illinois pension reform to protect retirees and taxpayers (State Journal-Register (Illinois)

David Giuliani: Taxes upset you? Look at pensions (Daily Journal (Ill.)

Op-Ed: Assessing Rauner’s legacy as governor (Illinois News Network)

Pension Tension: Vermont’s Underfunded Retirement Obligations (Seven Days)

Report: Pennsylvania could save billions on pensions (Allentown Morning Call)

City, State Comptrollers Take Different Approaches on Pension-Fund Pressure (The Chief (NY)

December 14, 2018

National Stories

Kentucky Supreme Court unanimously strikes down controversial pension law (Lexington Herald Leader)

Kentucky Supreme Court strikes down pension reform law (Louisville Courier Journal)

Kentucky pension: Officials respond to ruling with cheers and jeers (Louisville Courier Journal)

Kentucky Supreme Court Tosses Pension Law on Procedural Factors (Reuters)

State of New Mexico workers could pay more for pensions (KRWG)

The Math Test That New Jersey and Illinois Are Nearly Flunking (Bloomberg)

Connecticut Wants You to View Your Neighbor’s Pension. Here’s Why (Fortune)

December 13, 2018

California Stories

Dan Walters: Pension benefits hinge on state Supreme Court case (CalMatters)

CalPERS Decision to Divest from Tobacco Is Costly (Chief Investment Officer)

California’s Pension Fund Says No to Tobacco Stocks but Yes to Marijuana Stocks (Barron’s)

Alpha Wolves in the Henhouse’: California’s Multibillion-Dollar Private-Equity Boondoggle (New York Magazine)

National Stories

Emanuel makes strong pitch for $10B in pension bonds (Chicago Sun-Times)

December 12, 2018

California Stories

Workers to stage 1-day protest at 4 Southern California hotels (Pasadena Sun-Star)

National Stories

West Haven PD, losing officers, pleads with city to return to a traditional pension plan (New Haven Register)

The truth about pensions: they aren’t dead, but some are barely holding on (Marketwatch)

Why are Kansas and Missouri still paying for elected officials’ public pensions? (Kansas City Star)

State of New Mexico workers could pay more for pensions (Santa Fe New Mexican)

Underfunded state government pensions liabilities increase to $133.5 billion (Illinois News Network)

A constitutional amendment for pensions is just not in the cards (Capitol Fax)

December 11, 2018

California Stories

Letter: Unkept promises on state’s pensions (SF Chronicle)

CalSTRS preps for downturn with risk mitigation strategy (Pensions & Investments)

National Stories

Agencies Warn Lamont of Looming Surge in State Retirements (NBC Connecticut)

December 10, 2018

California Stories

Editorial: California’s golden pension rights need fixing (SF Chronicle)

OPINION Decision on “California rule” will impact who rules California (OC Register)

Unfunded pension liabilities looming over local governments (Eureka Times-Standard)

Mailbag: Police officers’ pensions, rent issues raise concerns for readers (Glendale News-Press)

National Stories

Punitive’ lame duck bills hurt Michigan teachers and state workers, union leaders say (Lansing State Journal)

December 5, 2018

California Stories

Brown’s pension plan goes before state high court (Sacramento Bee)

Should the Supreme Court reduce or alter pension benefits for California public employees? (KPCC)

National Stories

Public Sector Pensions Assume Record-High Investment Returns (Forbes)

December 3, 2018

California Stories

A grand experiment in retirement savings gets under way in California (San Francisco Chronicle)

Retirement funds spike for county agencies (Eureka Times Standard)

National Stories

Op-ed: Who Wants to Support a Millionaire? (WSJ)

IL Supreme Court: Government workers can accrue pension benefits even if working for union while on leave (Cook County Record)

Editorial | Court ruling outlines problem (The News Gazette)

Property tax bills increase in 34 Burlington County towns this year (Burlington County Times)

Marysville, Mich. files corrective plan for underfunded pensions (The Voice)

Bill might save city and pensions (Times Herald)