December 15, 2017

 

California Stories

David Crane: Courage: The Most Overused Word In Politics (Fox & Hounds)
http://www.foxandhoundsdaily.com/2017/12/courage-overused-word-politics/

Pharmacy costs continue to soar for CalPERS, state’s public employee health system (OC Register)
http://www.ocregister.com/2017/12/14/pharmacy-costs-continue-to-soar-for-calpers-states-public-employee-health-system/

Camarillo considers investment plan to help fund pension gap (Camarillo Acorn)
https://www.thecamarilloacorn.com/articles/camarillo-considers-investment-plan-to-help-fund-pension-gap/

National Stories

Pension reform, taxes and the budget: Matt Bevin reaches his defining moment as governor (Courier Journal)
https://www.courier-journal.com/story/news/2017/12/14/matt-bevin-kentucky-pension-reform-tax-reform-budget/897262001/

Atlanta City Council Approves Pension Board Reform Ordinance (Atlanta Daily World)
https://atlantadailyworld.com/2017/12/14/atlanta-city-council-approves-pension-board-reform-ordinance/

Unfunded Liabilities of State Public Pensions Top $6 Trillion in 2017 (Washington Free Beacon)
http://freebeacon.com/issues/unfunded-liabilities-state-public-pensions-top-6-trillion-2017/

N.J. lawmakers fast-track bill to boost pensions for elected officials (North Jersey)
http://www.northjersey.com/story/news/new-jersey/2017/12/14/n-j-lawmakers-fast-track-bill-boost-pensions-elected-officials/953070001/

Atlanta passes ordinance to consolidate 3 city pension fund boards (Pensions & Investments)
http://www.pionline.com/article/20171214/ONLINE/171219860/atlanta-passes-ordinance-to-consolidate-3-city-pension-fund-boards

Report: Nevada’s state, local government workforce the least productive (Watchdog)
https://www.watchdog.org/nevada/report-nevada-s-state-local-government-workforce-the-least-productive/article_4672fe14-df66-11e7-8c44-2ba575cbd7f4.html

Connecticut pension system worst in the nation, according to new study (Yankee Institute)
http://www.yankeeinstitute.org/2017/12/connecticut-pension-system-worst-in-the-nation-according-to-new-study/

Governor’s race fundraiser in Telluride raises PERA concerns because of event co-sponsor’s activism in public pension reform (The Denver Post)
http://www.denverpost.com/2017/12/15/governors-race-fundraiser-pera-concerns/

13 Surprising Companies That Still Give Out Pensions (Cheat Sheet)
https://www.cheatsheet.com/money-career/surprising-companies-give-out-pensions.html/?a=viewall

PERA pension peril (The Pueblo Chieftan (Colo.)
http://www.chieftain.com/opinion/editorials/pera-pension-peril/article_296d8a68-85fb-5df3-8f00-5b17a78e0ed8.html

December 14, 2017

California Stories

Key player in San Diego pension debacle back at negotiating table (San Diego Union Tribune)
http://www.sandiegouniontribune.com/news/politics/sd-me-smolens-saathoff-20171211-story.html

Appeals court hearing sets stage for California rulings on altering pension benefits (Pensions & Investments)
http://www.pionline.com/article/20171213/ONLINE/171219895/appeals-court-hearing-sets-stage-for-california-rulings-on-altering-pension-benefits

New CalPERS board member leery of private equity takeover (Pensions & Investments)
http://www.pionline.com/article/20171213/ONLINE/171219882/new-calpers-board-member-leery-of-private-equity-takeover

National Stories

Phil Murphy picks Democratic assemblywoman Elizabeth Maher Muoio as state treasurer (North Jersey)
http://www.northjersey.com/story/news/new-jersey/governor/2017/12/13/murphy-picks-democratic-assemblywoman-state-treasurer/947728001/

Representatives introduce electronic disclosure bill for retirement plan information (Pensions & Investments)
http://www.pionline.com/article/20171212/ONLINE/171219912/representatives-introduce-electronic-disclosure-bill-for-retirement-plan-information

December 13, 2017

California Stories

OPINION CalPERS exposes taxpayers to unnecessary risks (OC Register)
http://www.ocregister.com/2017/12/09/calpers-exposes-taxpayers-to-unnecessary-risks/

Guest editorial: ‘California rule’ on pensions must go (Ventura County Star)
http://www.vcstar.com/story/opinion/editorials/2017/12/12/guest-editorial-california-rule-pensions-must-go/945341001/

OPINION Jerry Brown’s Pension Epiphany (WSJ)
https://www.wsj.com/articles/jerry-browns-pension-epiphany-1512691649

CalPERS Reports 11.2% Return for Fiscal Year 2017 (Chief Investment Officer)
https://www.ai-cio.com/news/calpers-reports-11-2-return-fiscal-year-2017/

Cities look at tax hikes to pay rising pension costs (Fox & Hounds)
http://www.foxandhoundsdaily.com/2017/12/cities-look-tax-hikes-pay-rising-pension-costs/

Report says CalPERS investments too focused on environmental and social activism (San Diego Union Tribune)http://www.sandiegouniontribune.com/business/energy-green/sd-fi-calpers-report-20171211-story.html

Jerry Brown Finally Spends Political Capital to Fix Pension Crisis (Reason)
http://reason.com/archives/2017/12/08/jerry-brown-finally-spends-political-cap

Citizen Panel Members Recommends Wage or Hiring Freeze at Santa Monica City Hall (Santa Monica Lookout)
http://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2017/December-2017/12_12_2017_Citizen_Panel_Members_Recommend_Wage_or_Hiring_Freeze_at_Santa_Monica_%20City_Hall.html

New Tustin mayor Al Murray targets preparedness, transportation, pensions and technology (OC Register)
http://www.ocregister.com/2017/12/12/new-tustin-mayor-al-murray-targets-preparedness-transportation-pensions-and-technology/

Another Voice: Nine and a half million dollar pension fund fraud? (Ukiah Daily Journal)
http://www.ukiahdailyjournal.com/general-news/20171210/another-voice-nine-and-a-half-million-dollar-pension-fund-fraud

National Stories

Pension Reform Comes In Many Shapes And Sizes (Forbes)
https://www.forbes.com/sites/realspin/2017/12/08/pension-reform-comes-in-many-shapes-and-sizes/#116835f75efc

Pensions should avoid politics and invest for the benefit of our workers (The Hill)
http://thehill.com/opinion/finance/364142-divestment-without-the-law-violates-fiduciary-duty-to-american-investors

Kicking the can down the road: Letter to the editor (The Oregonian)
http://www.oregonlive.com/opinion/index.ssf/2017/12/kicking_the_can_down_the_road.html

Senate approves multi-bill reform effort for Michigan’s municipal pension plans (The Peninsula)
https://michiganpeninsulanews.com/news/6740-senate-approves-multi-bill-reform-effort-michigans-municipal-pension-plans/

S.C. can’t risk abandoning employee pensions (Post and Courier)
https://www.postandcourier.com/opinion/commentary/s-c-can-t-risk-abandoning-employee-pensions/article_9e722e6c-db99-11e7-8fde-0701062aecfc.html

Nashville pension fund paying Wall Street 40% more than previously disclosed (Tennessean)
http://www.tennessean.com/story/news/2017/12/12/nashville-pension-fund-paying-wall-street-40-more-than-previously-disclosed/936262001/

EDITORIAL: Stark fiscal realities await Murphy (App.com)
http://www.app.com/story/opinion/editorials/2017/12/08/phil-murphy-pensions-nj-agenda-fiscal-realities/108442116/

HEALEY/BYRNE: Public employee benefits must reflect state’s means (App.com)
http://www.app.com/story/opinion/columnists/2017/12/11/nj-benefits-commission-pensions-health-coverage-thomas-healey/108515332/

December 8, 2017

California Stories

Editorial: Jerry Brown’s Pension Epiphany (Wall Street Journal)
https://www.wsj.com/articles/jerry-browns-pension-epiphany-1512691649

Debbe Bailey: Learn more about public employee pensions for spouting off (Modesto Bee)
http://www.modbee.com/opinion/letters-to-the-editor/article188702219.html

Southern California wildfires affect Ventura County pension fund (Pensions & Investments)
http://www.pionline.com/article/20171207/ONLINE/171209867/southern-california-wildfires-affect-ventura-county-pension-fund

Can CalPERS Time the Market? (Institutional Investor)
https://www.institutionalinvestor.com/article/b15yhh3y17bgnr/can-calpers-time-the-market

National Stories

With grim pension warning, Christie makes bid for lame-duck relevance (North Jersey)
http://www.northjersey.com/story/news/columnists/charles-stile/2017/12/07/governor-christie-makes-bid-lame-duck-relevance/928198001/

Jack Bogle Is Worried About U.S. Pensions (Bloomberg)
https://www.bloomberg.com/news/articles/2017-12-07/vanguard-s-bogle-sees-pension-pain-in-decade-of-3-bond-returns

IN ITS LAST GASP, CHRISTIE PANEL GIVES DIRE APPRAISAL OF NJ’S PUBLIC PENSION SYSTEM (NJ Spotlight)
http://www.njspotlight.com/stories/17/12/06/in-its-last-gasp-christie-panel-gives-dire-appraisal-of-nj-s-public-pension-system/

Christie panel says only benefit cuts can fix New Jersey Pension Fund (Pensions & Investments)
http://www.pionline.com/article/20171206/ONLINE/171209896/christie-panel-says-only-benefit-cuts-can-fix-new-jersey-pension-fund

Police, fire pensions likely to be a hot-button issue in the year to come (Westport News)
http://www.westport-news.com/news/article/Police-fire-pensions-likely-to-be-a-hot-button-12413330.php

Wolf: Pensions for convicted officials a ‘betrayal of the public’s trust’ (ABC 27)
http://abc27.com/2017/12/07/wolf-pensions-for-convicted-officials-a-betrayal-of-the-publics-trust/

Pensions and perps: Widen forfeiture for state workers turned criminal (Pittsburgh Post-Gazette)
http://www.post-gazette.com/opinion/editorials/2017/12/08/Pensions-and-perps-Widen-forfeiture-for-state-workers-turned-criminal/stories/201712310259

December 7, 2017

California Stories

OPINION Gov. Jerry Brown stands up to union on pensions (OC Register)
http://www.ocregister.com/2017/12/06/gov-jerry-brown-stands-up-to-union-on-pensions/

California is putting retirees at risk with social justice pension investments (Washington Examiner)
http://www.washingtonexaminer.com/california-is-putting-retirees-at-risk-with-social-justice-pension-investments/article/2642701

National Stories

How big will Conyers’ pension be? (The Detroit News)
http://www.detroitnews.com/story/news/politics/2017/12/06/conyers-government-pension/108380788/

Stapleton says PERA reforms necessary to avoid state credit downgrade (The Gazette (Colo.)
http://gazette.com/stapleton-says-pera-reforms-necessary-to-avoid-state-credit-downgrade/article/1616680

Christie makes final pitch for more public employee benefit reforms (Burlington County Times)
http://www.burlingtoncountytimes.com/news/20171206/christie-makes-final-pitch-for-more-public-employee-benefit-reforms

Christie proposes slashing health benefits for pension funding (NorthJersey.com)
http://www.northjersey.com/story/news/new-jersey/2017/12/06/christie-proposes-slashing-health-benefits-pension-funding/927892001/

Christie Panel Says Only Benefit Cuts Can Fix N.J. Pensions (Bloomberg)
https://www.bloomberg.com/news/articles/2017-12-06/n-j-worker-benefit-cuts-seen-by-group-as-only-fix-for-pensions

December 6, 2017

California Stories

SLO County will cover its pension shortfall by making employees pay more (SLO Tribune)
http://www.sanluisobispo.com/news/local/article188148294.html

Public works, libraries, city offices closed as Oakland workers strike (KTVU)
http://www.ktvu.com/news/public-works-libraries-city-offices-closed-as-oakland-workers-strike

National Stories

Retirement dream — more money for travel, less for health care? (Chicago Sun Times)
https://chicago.suntimes.com/lifestyles/retirement-dream-more-money-for-travel-less-for-health-care/

Editorial: Even Rauner knows he’s failed (Quad City Times)
http://qctimes.com/opinion/editorial/editorial-even-rauner-knows-he-s-failed/article_04a19889-73c9-51a5-ace6-c7926d0025a0.html

Op-Ed: Pension reform isn’t anti-public employee (Traverse City Record Eagle)
http://www.record-eagle.com/opinion/op-ed-pension-reform-isn-t-anti-public-employee/article_28e200dd-1909-58cf-8f46-e7c02ae2c172.html

Green Investments Won’t Save Public Pensions (Value Walk)
http://www.valuewalk.com/2017/12/green-investments-public-pensions/

Public Pension Funds’ Anti-Fossil Fuel Activism Raises Risks For Beneficiaries (Forbes)
https://www.forbes.com/sites/davidblackmon/2017/12/05/public-pension-funds-anti-fossil-fuel-activism-raises-risks-for-beneficiaries/#58ef81dc5fbb

Pension Funds’ Rush to Go Green Costs Retirees Their Green (Real Clear Markets)
http://www.realclearmarkets.com/articles/2017/12/06/pension_funds_rush_to_go_green_costs_retirees_their_green_103023.html

December 5, 2017

California Stories

Editorial | State-crushing ‘California rule’ on pensions must go (San Diego Union Tribune)
http://www.sandiegouniontribune.com/opinion/sd-calilfornia-rule-pension-cuts-20171204-story.html

OPINION California needs fiscal restraint – even in good times (OC Register)
http://www.ocregister.com/2017/12/04/california-needs-fiscal-restraint-even-in-good-times/

CalPERS Chief Operating Investment Officer Steps Down (Institutional Investor)
https://www.institutionalinvestor.com/article/b15x4ychj7lb73/calpers-chief-operating-investment-officer-steps-down

Letter: Get rid of all pensions for public employees (Modesto Bee)
http://www.modbee.com/opinion/letters-to-the-editor/article188009779.html

Report blasts CalPERS’ environmental and social ‘activism’ (Sacramento Bee)
http://www.sacbee.com/news/politics-government/the-state-worker/article188047259.html

 

National Stories

Column: Act now to fix pension system (Detroit News)
http://www.detroitnews.com/story/opinion/2017/12/04/pensions-michigan-communities-debt-albert/108316526/

Kate Brown to business leaders: State budget troubles linger (The Oregonian)
http://www.oregonlive.com/politics/index.ssf/2017/12/kate_brown_to_business_leaders.html

Rising retirement costs are placing pressure on college tuitions (East Oregonian)
http://www.eastoregonian.com/eo/capital-bureau/20171204/rising-retirement-costs-are-placing-pressure-on-college-tuitions

Hearings To Begin In Lansing On Local Pension Funding (WEMU)
http://wemu.org/post/hearings-begin-lansing-local-pension-funding

Philly union presses pensions to drop nonunion hotel funding (Philadelphia Inquirer)
http://www.philly.com/philly/blogs/inq-phillydeals/philly-union-presses-pensions-to-drop-nonunion-hotel-funding-20171204.html

Offering pensions can help autocrats stay in power longer (Washington Post)
https://www.washingtonpost.com/news/monkey-cage/wp/2017/12/04/offering-pensions-can-help-autocrats-stay-in-power-longer/?utm_term=.6c50e4298ab5

CVS acquisition of Aetna affects $23 billion in retirement assets (Pensions & Investments)
http://www.pionline.com/article/20171204/ONLINE/171209945/cvs-acquisition-of-aetna-affects-23-billion-in-retirement-assets

December 4, 2017

California Stories

Will Brown pension reform lead to more reform? (Calpensions)
https://calpensions.com/2017/12/04/will-brown-pension-reform-lead-to-more-reform/

Greenhut: Gov. Brown finally spends political capital to fix pension system (OC Register)
http://www.ocregister.com/2017/12/01/gov-brown-finally-spends-political-capital-to-fix-pension-system/

Coupal: Don’t let California become Chicago (OC Register)
http://www.ocregister.com/2017/12/01/dont-let-california-become-chicago/

Drummond: Yorba Linda city leaders making extra payments toward funding pensions (OC Register)
http://www.ocregister.com/2017/12/01/drummond-yorba-linda-city-leaders-making-extra-payments-toward-funding-pensions/

Encinitas puts $500,000 toward pension liability (The Coast News Group)
https://www.thecoastnews.com/2017/12/01/encinitas-puts-500000-toward-pension-liability/

Day of reckoning due on public pension costs, tax watcher tells seniors (Fairfield Daily Republic)
http://www.dailyrepublic.com/solano-news/fairfield/day-of-reckoning-due-on-public-pension-costs-tax-watcher-tells-seniors/

CalPERS buys stake in wind farms to expand renewable energy holdings (IPE)
https://realassets.ipe.com/infrastructure/calpers-buys-stake-in-wind-farms-to-expand-renewable-energy-holdings/10022058.article

December 1, 2017

California Stories

Sen. Glazer: Use surplus to pay down California pension debt (San Jose Mercury News)
http://www.mercurynews.com/2017/11/30/opinion-use-surplus-to-pay-down-california-pension-debt/

LETTERS TO THE EDITOR Brown’s pension reforms ‘Worth Fighting For’ (Fresno Bee)
http://www.fresnobee.com/opinion/letters-to-the-editor/article187365743.html

Will court filing salvage Jerry Brown’s legacy? (R Street)
http://www.rstreet.org/op-ed/will-court-filing-salvage-jerry-browns-legacy/

CalPERS buys 80% stake in wind farms (Pensions & Investments)
http://www.pionline.com/article/20171130/ONLINE/171139940/calpers-buys-80-stake-in-wind-farms

National Stories

With House Republicans in chaos over scandal, secrecy rules on pension reform (Lexington Herald Leader)
http://www.kentucky.com/news/local/news-columns-blogs/tom-eblen/article187387158.html

Lawmakers: Session for pension bill still possible (Kentucky New Era)
http://www.kentuckynewera.com/news/ap/article_ecdd1e86-d568-11e7-b3aa-67f976827e86.html

RESEARCH & COMMENTARY: HYBRID PENSION REFORM MODELS (Heartland Institute)
https://www.heartland.org/publications-resources/publications/research–commentary-hybrid-pension-reform-models

Waukegan mayor proposes property tax hike to cover long-term pension costs (Chicago Tribune)
http://www.chicagotribune.com/suburbs/lake-county-news-sun/news/ct-lns-waukegan-levy-st-1201-20171130-story.html

Climate change a risk to Md.’s pension system (The Daily Record)
http://thedailyrecord.com/2017/11/30/climate-change-a-risk-to-md-s-pension-system/

Former York Suburban superintendent unlikely to lose Pa. pension after criminal charges (York Daily Record)
http://www.ydr.com/story/news/2017/11/30/why-york-suburban-superintendent-michele-merkle-not-likely-lose-her-pension-despite-charges/902991001/

Kansas Public Employees wants deferred compensation plan officer (Pensions & Investments)
http://www.pionline.com/article/20171130/ONLINE/171139952/kansas-public-employees-wants-deferred-compensation-plan-officer

Letter: Employee pension (Post and Courier)
https://www.postandcourier.com/letter-employee-pension/article_557fcbce-d51d-11e7-9bec-4bc6195982d9.html

November 30, 2017

California Stories

Editorial: Gov. Brown takes on serious pension reform (SF Chronicle)
http://www.sfchronicle.com/opinion/editorials/article/Editorial-Gov-Brown-takes-on-serious-pension-12393360.php

Nov. 30 Letters: Bravo to governor for stance on pensions (San Jose Mercury News)
http://www.mercurynews.com/2017/11/29/nov-30-letters-bravo-to-governor-for-stance-on-pensions/

CALmatters Commentary: Brown, with nothing to lose, defies unions on pensions (Fairfield Daily Republic)
http://www.dailyrepublic.com/opinion/local-opinion-columnists/calmatters-commentary-brown-with-nothing-to-lose-defies-unions-on-pensions/

Will Court Filing Salvage Jerry Brown’s Legacy? (The American Spectator)
https://spectator.org/will-court-filing-salvage-jerry-browns-legacy/

San Francisco’s pension fund enriches President Trump (San Francisco Examiner)
http://www.sfexaminer.com/san-franciscos-pension-fund-enriches-president-trump/

Increased pension contributions are coming, and MPUSD braces for budget hits. (Monterey County Weekly)
http://www.montereycountyweekly.com/news/local_news/increased-pension-contributions-are-coming-and-mpusd-braces-for-budget/article_c015f88c-d577-11e7-b28c-9b4e8c2cf3ca.html

Marin County Employees lowers assumed rate of return (Pensions & Investments)
http://www.pionline.com/article/20171129/ONLINE/171129869/marin-county-employees-lowers-assumed-rate-of-return

National Stories

Jersey’s troubled public worker pension system just hit a mark not seen in 2 years (NJ.com)
http://www.nj.com/politics/index.ssf/2017/11/nj_public_pension_fund_value_creeps_up_to_763_bill.html

Bipartisan concern in Springfield for rising pension costs (Illinois News Network)
https://www.ilnews.org/news/state_politics/bipartisan-concern-in-springfield-for-rising-pension-costs/article_c7bfee22-d477-11e7-bb67-974eb48c0fc0.html

Guest Columns: State should start investing pension funds in a ‘boring, responsible’ manner (Albuquerque Journal)
https://www.abqjournal.com/1099097/investments-instead.html

Mich. police, fire rally to protect retirement benefits (Detroit News)
http://www.detroitnews.com/story/news/politics/2017/11/29/police-firefighters-rally-protect-retirement-benefits-michigan-capitol/108130592/

November 29, 2017

California Stories

Editorial: Gov. Brown takes a bold stand on pensions (Sacramento Bee)
http://www.sacbee.com/opinion/editorials/article186931443.html

David Crane: Jerry Brown Steps Up For Citizens (Fox & Hounds)
http://www.foxandhoundsdaily.com/2017/11/jerry-brown-steps-citizens/

Dan Walters: Jerry Brown, nearing end of term, defies unions on pensions
http://www.sfchronicle.com/news/article/Jerry-Brown-nearing-end-of-term-defies-unions-12389814.php

SLO is facing a major budget shortfall, and it has two questions for residents (SLO Tribune)
http://www.sanluisobispo.com/news/local/article186997253.html

 

National Stories

Kent. House Republicans say they’re close to a deal on a revised pension reform proposal (Courier Journal)
https://www.courier-journal.com/story/news/politics/2017/11/28/revised-pension-bill-close-but-not-ready/899638001/

Kentucky pension costs rise at expense of NKU employees, students (The Northerner)
https://www.thenortherner.com/news/2017/11/28/kentucky-pension-costs-rise-at-expense-of-nku-employees-students/

State should start investing pension funds in a ‘boring, responsible’ manner (Albuquerque Journal)
https://www.abqjournal.com/1099097/investments-instead.html

McHenry County could offer incentive for opting out of pension (Daily Herald)
http://www.dailyherald.com/news/20171128/mchenry-county-could-offer-incentive-for-opting-out-of-pension

Some state retirees living large on public pensions, Inquirer finds (Philadelphia Inqurier)
https://www.metro.us/news/local-news/philadelphia/some-state-retirees-living-large-public-pensions-inquirer-finds

November 28, 2017

California Stories

Editorial: Stop playing the pension blame game (LA Times)
http://beta.latimes.com/opinion/editorials/la-ed-calpers-termination-notification-20171124-story.html

Editorial: Brown comes to taxpayers’ defense on pensions (San Jose Mercury News)
http://www.mercurynews.com/2017/11/27/editorial-brown-comes-to-taxpayers-defense-on-pensions/

‘Something’s got to give,’ sales tax panel member says of Fairfield pension costs (Fairfield Daily Republic)
http://www.dailyrepublic.com/solano-news/fairfield/somethings-got-to-give-sales-tax-panel-member-says-of-fairfield-pension-costs/

Moorlach: A Crucial Pension Reform Congress Must Enact (Voice of OC)
https://voiceofoc.org/2017/11/moorlach-a-crucial-pension-reform-congress-must-enact/

A city fights with CalPERS’ costs (Capitol Weekly)
http://capitolweekly.net/city-fights-calpers-costs/

Stanford Study: Rising Cost of Public Employee Pensions Eat Up San Jose’s New Tax Revenue (San Jose Inside)
http://www.sanjoseinside.com/2017/11/27/stanford-study-rising-cost-of-public-employee-pensions-eat-up-san-joses-new-tax-revenue/

National Stories

CHICAGO EARNS AN F IN NEW FISCAL REPORT CARD (Illinois Policy)
https://www.illinoispolicy.org/chicago-earns-an-f-in-new-fiscal-report-card/

Letter: Pension crisis will hurt workforce (The Gleaner (Kent.)
http://www.thegleaner.com/story/opinion/2017/11/27/letter-pension-crisis-hurt-workforce/899970001/

KPERS funding improves, but $9B in unfunded liability remains (Topeka Capital-Journal)
http://cjonline.com/news/state-government/2017-11-27/kpers-funding-improves-9b-unfunded-liability-remains

R.I. asks high court to reject retirees’ bid to regain lost benefits (Providence Journal)
http://www.providencejournal.com/news/20171127/ri-asks-high-court-to-reject-retirees-bid-to-regain-lost-benefits

 

November 27, 2017

California Stories

Editorial: Stop playing the pension blame game (LA Times)
http://beta.latimes.com/opinion/editorials/la-ed-calpers-termination-notification-20171124-story.html

California should be able to reduce public employees’ pension benefits, Jerry Brown argues (Sacramento Bee)
http://www.sacbee.com/news/politics-government/the-state-worker/article186044653.html

EDITORIAL California’s pension reform has been left unfinished (Riverside Press Enterprise)
http://www.pe.com/2017/11/23/californias-pension-reform-has-been-left-unfinished/

One city’s struggle with mounting CalPERS costs (Calpensions)
https://calpensions.com/2017/11/27/one-citys-struggle-with-mounting-calpers-costs/

Dan Walters: California’s state budget seems healthy, but it isn’t. Brown should spend some political capital on tax reform (Sacramento Bee)
http://www.sacbee.com/opinion/california-forum/article185741643.html

Vicious cycle: Large pension debts making it more expensive to borrow funds (Half Moon Bay Review)
http://www.hmbreview.com/national/news/viscous-cycle-large-pension-debts-making-it-more-expensive-to/article_25846ccd-57dc-573e-8fca-f8791583b01f.html

CalPERS is shocked – just shocked – to find cities reeling under the burden of growing pension debt (R Street)
http://www.rstreet.org/op-ed/calpers-is-shocked-just-shocked-to-find-cities-reeling-under-the-burden-of-growing-pension-debt/

OPINION Secret union negotiations aren’t in the best interest of taxpayers (OC Register)
http://www.ocregister.com/2017/11/22/secret-union-negotiations-arent-in-the-best-interest-of-taxpayers/

National Stories

GOP Tax Overhaul Could Hit State and Local Pension Plans With Federal Tax (Route Fifty)
http://www.routefifty.com/finance/2017/11/state-local-pension-plans-gop-tax-proposals/142729/

EDITORIAL Don’t let PERA drag Colorado down (Denver Post)
http://www.denverpost.com/2017/11/23/dont-let-pera-drag-colorado-down/

Texas Pension Bets Bigger on Hedge Funds as Others Back Away (Bloomberg)
https://www.bloomberg.com/news/articles/2017-11-21/texas-pension-bets-bigger-on-hedge-funds-as-others-back-away

Study Lays Out “Pension Penalty” (Alton Daily News (Ill.)
http://altondailynews.com/news/details.cfm?clientid=17&id=255720#.Wht6w7A-f6Y

Pa.’s top pension earners take home hundreds of thousands a year (The Morning Call)
http://www.mcall.com/news/nationworld/pennsylvania/mc-nws-pensions-pa-top-earners-20171125-story.html

Editorial: N.M. should quit paying pensions for elected felons (Albuquerque Journal)
https://www.abqjournal.com/1097802/nm-should-quit-paying-pensions-for-elected-felons.html

November 22, 2017

California Stories

Lou Cannon: In Spite of Positive Reforms, Many State Pensions Funds in Precarious Position (Noozhawk)
https://www.noozhawk.com/article/lou_cannon_positive_reforms_but_many_state_pensions_funds_trouble_20171121

National Stories

New Report Claims Pension Crisis A Myth (Value Walk)
http://www.valuewalk.com/2017/11/ncpers-pension-crisis-myth/

Public Pensions Have Been Able to Pay Promised Benefits (Plan Sponsor)
https://www.plansponsor.com/public-pensions-able-pay-promised-benefits/

Should Failing Private Pension Funds Get a Federal Bailout? (The Fiscal Times)
https://www.thefiscaltimes.com/Columns/2017/11/21/Should-Failing-Private-Pension-Funds-Get-Federal-Bailout

 

Who’s looking out for the taxpayers? (Bluffton Today (S.C.)
http://www.blufftontoday.com/opinion/2017-11-21/who-s-looking-out-taxpayers

Giving thanks for great public school teachers — and other endangered species. (Lexington Herald Leader)
http://www.kentucky.com/news/local/news-columns-blogs/tom-eblen/article185873213.html

Letter: Public pensions (Post & Courier)
http://www.postandcourier.com/opinion/letters_to_editor/letter-public-pensions/article_35ac43e2-ce13-11e7-b34a-3b34c0c5ffee.html

 

November 20, 2017

California Stories

 

CalPERS shelves rate increase opposed by cities (Calpensions)
https://calpensions.com/2017/11/20/calpers-shelves-rate-increase-opposed-by-cities/

Greenhut: Losing your pension? CalPERS wants to shift blame to cities (Long Beach Press Telegram)
http://www.presstelegram.com/2017/11/17/losing-your-pension-calpers-wants-to-shift-blame-to-cities/

$112.2M PENSION SHORTFALL (Manteca Bulletin)
http://www.mantecabulletin.com/section/38/article/147973/

‘Pension millionaires’ focus distorts benefits picture, retired probation officer says (Fairfield Daily Republic)
http://www.dailyrepublic.com/solano-news/suisun-city/pension-millionaires-focus-distorts-benefits-picture-retired-probation-officer-says/

How to figure out the right time for retirement (LA Times)
http://beta.latimes.com/business/la-fi-montalk-20171119-story.html

County supervisors recognize public employees and talk retirement funding (Plumas County News)
http://www.plumasnews.com/county-supervisors-recognize-public-employees-talk-retirement-funding/

 

National Stories

NCPERS: Trying to close or freeze underfunded pension plans is misguided (Pensions & Investments)
http://www.pionline.com/article/20171117/ONLINE/171119863/ncpers-trying-to-close-or-freeze-underfunded-pension-plans-is-misguided

Report: Public Pension Plans Consistently Meet Obligations (Chief Investment Officer)
https://www.ai-cio.com/news/report-public-pension-plans-consistently-meet-obligations/

US Rep. Richard Neal, Democrats push bill to ensure retired workers get their full pensions (Mass Live)
http://www.masslive.com/politics/index.ssf/2017/11/us_rep_richard_neal_democrats_2.html

Louisiana Spotlight: Retirement debt a hidden cost in budget debate (The Advocate)
http://www.theadvocate.com/baton_rouge/opinion/article_77f627b6-cbd1-11e7-bf30-a3c24f078e81.html

Republican lawmaker: Why I’m rooting for Murphy to succeed | Opinion (NJ.com)
http://www.nj.com/opinion/index.ssf/2017/11/republican_assemblyman_heres_why_im_rooting_for_mu.html

OPINION: Support Kentucky pension reform, and teach students investment basics (The Lane Report)
https://www.lanereport.com/83850/2017/11/opinion-support-kentucky-pension-reform-and-teach-students-investment-basics/

City officials mull options to pay for PERS jump (The Argus Observer (Ore.)
http://www.argusobserver.com/news/city-officials-mull-options-to-pay-for-pers-jump/article_6456fcce-ccd7-11e7-adfc-c7e2d99b7e98.html

 

November 17, 2017

California Stories

Open Reporting: Help us explore how pension costs are hitting schools (Cal Matters)
https://calmatters.org/articles/open-reporting-help-us-explore-pension-costs-hitting-schools/

CALPERS SAYS NO TO ADDING LEVERAGE (Top 100 Funds)
https://www.top1000funds.com/analysis/2017/11/17/calpers-says-no-to-adding-leverage/

National Stories

NCPERS Analysis Shows Public Pension Plans Consistently Meet Obligations
http://www.businesswire.com/news/home/20171116006273/en/NCPERS-Analysis-Shows-Public-Pension-Plans-Consistently

Lawmaker says ‘votes aren’t there’ in the House for pension reform (Richmond Register)http://www.richmondregister.com/news/lawmaker-says-votes-aren-t-there-in-the-house-for/article_d5759ac0-cb1d-11e7-a0d9-b3b6992038be.html

Fossil Fuels’ Fishy New Friends (Bloomberg)
https://www.bloomberg.com/news/articles/2017-11-16/fossil-fuels-fishy-new-friends

Colorado’s credit rating could tumble if PERA finances don’t improve, agency says (Denver Post)
http://www.denverpost.com/2017/11/16/colorado-credit-rating-could-tumble-pera/

SC pension reform: Who’s looking out for the taxpayers? (The Island Packet)
http://www.islandpacket.com/opinion/op-ed/article185168863.html

Pittsburgh no longer ‘financially distressed,’ according to state oversight team (Trib Live)
http://triblive.com/local/allegheny/12959772-74/pittsburgh-no-longer-financially-distressed-according-to-state-oversight-team

New Jersey Public Unions, Ascendant (City Journal)
https://www.city-journal.org/html/new-jersey-public-unions-ascendant-15568.html

Labor and activists celebrate pushback against constitutional convention (New York Amsterdam News)
http://amsterdamnews.com/news/2017/nov/16/labor-and-activists-celebrate-pushback-against-con/

RESEARCH & COMMENTARY: CASH BALANCE PLANS ARE A SOLID OPTION FOR PENSION REFORM (Heartland Institute)
https://www.heartland.org/publications-resources/publications/research–commentary-cash-balance-plans-are-a-solid-option-for-pension-reform

 

November 16, 2017

California Stories

Once modest government benefits produce ‘pension millionaires,’ taxpayers told (Fairfield Daily Republic)
http://www.dailyrepublic.com/solano-news/fairfield/once-modest-government-benefits-produce-pension-millionaires-taxpayers-told/

CalPERS Stakeholders Argue for Status Quo (Chief Investment Officer)
https://www.ai-cio.com/news/calpers-stakeholders-argue-status-quo/

Lodi’s Schwabauer, other city managers tackle pension crisis (Lodi News-Sentinel)
http://www.lodinews.com/news/article_e815380a-ca39-11e7-9166-1f4ddc7c0ff2.html

National Stories

South Carolina government going to 401(k) not likely to increase recruiting pool, expert says (Post and Courier)
http://www.postandcourier.com/politics/south-carolina-government-going-to-k-not-likely-to-increase/article_596b273a-ca17-11e7-9688-c3fa6421cc40.html

Pension counterproposal needs to be considered (The Richmond Register)
http://www.richmondregister.com/opinion/pension-counterproposal-needs-to-be-considered/article_f316df46-ca49-11e7-abdc-d34908a0a1b4.html

November 14, 2017

California Stories

Opinion: How did CalPERS dig a $153 billion pension hole? (San Jose Mercury News)
http://www.mercurynews.com/2017/11/13/opinion-how-did-calpers-dig-a-153-billion-pension-hole/

CalPERS wants broke cities to deliver bad news to out-of-luck pensioners (Sacramento Bee)
http://www.sacbee.com/news/politics-government/capitol-alert/article184235683.html

CalPERS considers upping fixed-income investment, lowering volatility (Reuters)
http://www.reuters.com/article/us-california-calpers-investments/calpers-considers-upping-fixed-income-investment-lowering-volatility-idUSKBN1DD2PL

Calpers considers more than doubling bond allocation to 44% (Benefits Pro)
http://www.benefitspro.com/2017/11/13/calpers-considers-more-than-doubling-bond-allocati

One of the World’s Biggest Funds Is Slashing Its Exposure to Stocks (Bloomberg)
https://www.bloomberg.com/news/articles/2017-11-13/calpers-considers-more-than-doubling-bond-allocation-to-44

CalPERS Mulls Fixed-Income Future (Chief Investment Officer)
https://www.ai-cio.com/news/calpers-mulls-fixed-income-future/

Op-ed: Private equity isn’t a good investment for CalPERS (Sacramento Bee)
http://www.sacbee.com/opinion/op-ed/soapbox/article183972036.html

 

National Stories

Kentucky’s public pension debt grew by more than $5 billion last year (Lexington Herald Leader)
http://www.kentucky.com/news/politics-government/article184323228.html

Bevin insists ‘the votes are still there’ for his pension reform plan (Lexington Herald Leader)
http://www.kentucky.com/news/politics-government/article184364703.html

Bevin withholds analysis of how much his pension plan would cost taxpayers (Lexington Herald Leader)
http://www.kentucky.com/news/politics-government/article184336248.html

Lake Havasu City (Ariz.) to mull borrowing to pay down pension debt (AP)
http://www.thenewstribune.com/news/business/article184322663.html

N0vember 13, 2017

California Stories

Borenstein: End CalPERS’ reckless pension debt repayment plans (San Jose Mercury News)
http://www.mercurynews.com/2017/11/10/borenstein-end-calpers-reckless-pension-debt-repayment-plans/

Op-ed: Out-of-control pension costs could doom local governments across California (SLO Tribune)
http://www.sanluisobispo.com/opinion/opn-columns-blogs/andrea-seastrand/article184019881.html

The ailing state unemployment insurance fund (San Francisco Chronicle)
http://www.sfchronicle.com/news/article/The-ailing-state-unemployment-insurance-fund-12345564.php

Another Voice: Mendocino County officials hid pension increases from the people (Ukiah Daily Journal)
http://www.ukiahdailyjournal.com/general-news/20171112/another-voice-mendocino-county-officials-hid-pension-increases-from-the-people

Hostile workplace claims from 2006 dog CalPERS candidate (Sacramento Bee)
http://www.sacbee.com/news/politics-government/the-state-worker/article184007361.html

National Stories

GOP tax reform a mix of good and bad so far (Pensions & Investments)
http://www.pionline.com/article/20171113/PRINT/171119968/gop-tax-reform-a-mix-of-good-and-bad-so-far

Defined benefit pension plans help retain teacher talent (Benefits News)
https://www.benefitnews.com/news/defined-benefit-pension-plans-help-retain-teacher-talent

The Constitution can’t protect underfunded public pensions (New York Post)
http://nypost.com/2017/11/12/the-constitution-cant-protect-underfunded-public-pensions/

Appeals court rules against Milwaukee County in retirement dispute with more than 600 workers (Journal Sentinel)
http://www.jsonline.com/story/news/local/milwaukee/2017/11/09/appeals-court-rules-against-milwaukee-county-retirement-dispute-more-than-600-workers/844467001/

EDITORIAL: Virginia’s pension plan still short $20.7 billion (Fredickburg.com)
http://www.fredericksburg.com/opinion/editorials/editorial-virginia-s-pension-plan-still-short-billion/article_20c69b37-78b1-5737-aca1-701ff5cbe423.html

Letter: It’s always the fault of the NJEA? (North Jersey)
http://www.northjersey.com/story/opinion/readers/2017/11/10/letter-its-always-fault-njea/849824001/

Analysis: Mississippi budget practices receive mixed grades (AP)
http://www.thenewstribune.com/news/business/article183971056.html

Cynical Bill Shows Why Public-Sector Abuses Are Rampant (Reason)
http://reason.com/archives/2017/11/10/cynical-bill-shows-why-public-sector-abu

East Point’s pension plan largest in city’s history (Atlanta Journal Constitution)
http://www.ajc.com/news/local/east-point-pension-plan-largest-city-history/4NnUj1EUJBKtUfySEJCNuJ/

Connecticut’s Budget Fails to Solve Its Long-Term Problems (National Review)
http://www.nationalreview.com/article/453555/connecticut-budget-fails-solve-long-term-problems

How Cyber-Thieves Stole From Iowa Pension Accounts (Governing)
http://www.governing.com/topics/mgmt/gt-iowa-pension-cybersecurity-hack.html

November 9, 2017

California Stories

OPINION California needs to tackle its pension problems for the good of Orange County cities (OC Register)
http://www.ocregister.com/2017/11/08/california-needs-to-tackle-its-pension-problems-for-the-good-of-orange-county-cities/

CalPERS Retirees Targeted In Telephone Scam (The Independent)
http://www.independentnews.com/news/calpers-retirees-targeted-in-telephone-scam/article_03f1fc60-c4f0-11e7-a630-57e045d89ad9.html

Meketa says CalPERS’ new private equity structure misses opportunities, produces challenges (Pensions & Investments)
http://www.pionline.com/article/20171108/ONLINE/171109862/meketa-says-calpers-new-private-equity-structure-misses-opportunities-produces-challenges

National Stories

States’ Financial Practices Get Graded (Governing)
http://www.governing.com/topics/finance/gov-states-financial-practices-get-graded.html

Hoover Scandal Disrupts Pension Debate (WEKU)
http://weku.fm/post/hoover-scandal-disrupts-pension-debate

OP-ED Nothing new, and nothing good, in Bevin’s attacks on public employees, pensioners (Lexington Herald Leader)
http://www.kentucky.com/opinion/op-ed/article183529846.html

Pension forfeit measure would help fight corruption, experts say (Newsday)
https://www.newsday.com/news/region-state/pension-corruption-amendment-1.14852760

Letters: Charters threaten retirement system (The Advocate)
http://www.theadvocate.com/baton_rouge/opinion/letters/article_16c5f8e2-c4ae-11e7-8fe8-b33af04e1018.html

Unions flexed muscle in defeat of Con Con (Niagara Gazette)
http://www.niagara-gazette.com/news/local_news/unions-flexed-muscle-in-defeat-of-con-con/article_b6d28520-ba01-5eec-8d7e-adfe02970b07.html

November 8, 2017

California Stories

Lou Paulson: False Platitudes (Fox & Hounds)
http://www.foxandhoundsdaily.com/2017/11/false-platitudes/

National Stories

U.S. Public Pensions Returned 3.5% Last Quarter (Bloomberg)
https://www.bloomberg.com/news/articles/2017-11-07/u-s-public-pensions-gain-3-5-percent-in-quarter-as-stocks-rise

New York voters nix constitutional convention, vote to reform pensions (Buffalo News)
http://buffalonews.com/2017/11/07/ny-voters-nix-constitutional-convention-vote-to-reform-pensions/

Education groups unveil alternative pension plan (The Daily Independent)
http://www.dailyindependent.com/kentucky/news/education-groups-unveil-alternative-pension-plan/article_ab6921d8-cf77-5075-900a-babb2eed05c4.html

OPINION: Pensions and pension reform (The Lane Report)
http://www.lanereport.com/83408/2017/11/opinion-pensions-and-pension-reform/

Editorial: Phil Murphy: Fight for us, not with us (North Jersey)
http://www.northjersey.com/story/opinion/editorials/2017/11/07/editorial-phil-murphy-fight-us-not-us/841690001/

Pension? Not for Corrupt Lawmakers Anymore in New York. (Governing)
http://www.governing.com/topics/politics/gov-election-2017-new-york-pensions-forfeiture.html

South Carolina’s underfunded pensions report large investment gains during the past year (Post and Courier)
http://www.postandcourier.com/news/south-carolina-s-underfunded-pensions-report-large-investment-gains-during/article_0d25d7d0-c0ad-11e7-a500-f7f247e2a53d.html

Hickenlooper right to shield taxpayers from cost of PERA (Denver Post)
http://www.denverpost.com/2017/11/07/hickenlooper-right-to-shield-taxpayers-from-cost-of-pera/

November 7, 2017

California Stories

San Benito County’s 100K Club (Benito Link)
https://benitolink.com/news/san-benito-countys-100k-club

National Stories

Kentucky pension bill stalls as key Republican faces sexual harassment claims (The Hill)
http://thehill.com/homenews/state-watch/359004-kentucky-pension-bill-stalls-as-key-republican-faces-sexual-harassment

Bevin did the right thing on sexual harassment, Hoover. Now what, GOP? (Lexington Herald Leader)
http://www.kentucky.com/news/local/news-columns-blogs/tom-eblen/article182939561.html

Kentucky pension reform: Teachers unveil alternative proposal (Courier Journal)
http://www.courier-journal.com/story/news/education/2017/11/06/kentucky-pension-reform-teachers-groups-offer-alternative-plan/835482001/

Private meeting of Kentucky House on pensions was illegal, attorney general says (Lexington Herald Leader)
http://www.kentucky.com/news/politics-government/article182990286.html

Education groups unveil alternative pension plan (Richmond Register)
http://www.richmondregister.com/news/education-groups-unveil-alternative-pension-plan/article_42aae15a-c357-11e7-b74d-87651c899c6c.html

Oregon task force identifies measures to reduce unfunded pension liabilities by about $5 billion (Pensions & Investments)
http://www.pionline.com/article/20171106/ONLINE/171109918/oregon-task-force-identifies-measures-to-reduce-unfunded-pension-liabilities-by-about-5-billion

Neither Major Party Gubernatorial Candidate Has a Serious Plan to Fix New Jersey’s Pension Crisis (Reason)
http://reason.com/blog/2017/11/06/neither-major-party-gubernatorial-candid

Cyber-thieves used ‘pretty clever’ tactic to steal IPERS’ pension benefits (Des Moines Register)
http://www.desmoinesregister.com/story/news/politics/2017/11/06/ipers-hack-cyber-thieves-used-pretty-clever-tactic-steal-pension-benefit/837010001/

November 5, 2017

California Stories

Can CalPERS Divestment Make A Difference In Controversial Projects? (Capital Public Radio)
http://www.capradio.org/articles/2017/11/02/can-calpers-divestment-make-a-difference-in-controversial-projects/

OPINION Daly’s cynical bill shows why public-sector abuses are rampant (OC Register)
http://www.ocregister.com/2017/11/05/dalys-cynical-bill-shows-why-public-sector-abuses-are-rampant/

Could CalSTRS reserve pay down pension debt? (Calpensions)
https://calpensions.com/2017/11/06/could-calstrs-reserve-pay-down-pension-debt/

Political Road Map: Trump and gun investments spark debate for California pension funds (LA Times)
http://beta.latimes.com/politics/la-pol-ca-road-map-pension-investments-social-change-20171105-story.html

Redding to grand jury: pension deadlines ‘not reasonable’ (Redding Record Searchlight)
http://www.redding.com/story/news/local/2017/11/05/redding-grand-jury-pension-deadlines-not-reasonable/831026001/

 

National Stories

OP-ED Asinine, criminal pension proposal is not keeping a promise (Lexington Herald Leader)
http://www.kentucky.com/opinion/op-ed/article182566696.html

Some fear pension plan could hurt retention, hiring (Messenger Inquirer)
http://www.messenger-inquirer.com/news/local/some-officials-express-concern-pension-reform-plan-could-have-on/article_6d9b2453-b5e8-5f27-94c0-2e4e710d2402.html

Letter to the Editor: ‘How a 401K Plan Saved My Retirement’ (Surf KY News)
http://www.surfky.com/index.php/ohio/179-news/kentucky/124166-letter-to-the-editor-how-a-401k-plan-saved-my-retirement

What you should know about proposal to strip pensions from corrupt NY officials (Auburn Pub)
http://auburnpub.com/blogs/eye_on_ny/what-you-should-know-about-proposal-to-strip-pensions-from/article_a0af5f5c-217f-58da-a083-bf5376b20fe7.html

Retired public workers should get what state promised (Central Maine)
http://www.centralmaine.com/2017/11/05/retired-public-workers-should-get-what-state-promised/

November 3, 2017

California Stories

New scam targets CalPERS retirees (Sacramento Bee)
http://www.sacbee.com/news/politics-government/the-state-worker/article182386441.html

LAUSD backs off proposal to cut health care and is now set to guarantee benefits at current levels for three more years (LA School Report)
http://laschoolreport.com/lausd-backs-off-proposal-to-cut-health-care-and-is-now-set-to-guarantee-benefits-at-current-levels-for-three-more-years/

Brother of Las Vegas shooting victim Jennifer Irvine urges educator-only pension to divest in guns (ABC 10 News)
http://www.10news.com/news/brother-of-las-vegas-shooting-victim-jennifer-irvine-urges-educator-only-pension-to-divest-in-guns

Calif. retirement system to review holdings after Las Vegas shooting (Las Vegas Review-Journal)
https://www.reviewjournal.com/crime/shootings/calif-retirement-system-to-review-holdings-after-las-vegas-shooting/

 

National Stories

Kentucky pension reform bill may go through some changes (WLKY)
http://www.wlky.com/article/pension-reform-bill-may-go-through-some-changes/13144228

Kentucky lawmakers present pension bill to skeptical audience (News-Graphic)
http://www.news-graphic.com/news/lawmakers-present-pension-bill-to-skeptical-audience/article_0503bca8-bf35-11e7-9ecc-e351d63da4a2.html

Negotiations on Dallas teachers deal focused on health care (The Dallas Post)
http://www.mydallaspost.com/news/30135/negotiations-on-dallas-teachers-deal-focused-on-health-care

EDITORIAL Another PERS task force (Eugene Register Guard)
http://registerguard.com/rg/opinion/36110816-78/another-pers-task-force.html.csp

Would these convicted NY officials have lost pensions under proposed law? (Syracuse.com)
http://www.syracuse.com/politics/index.ssf/2017/11/would_these_convicted_ny_officials_have_lost_pensions_under_proposed_law.html

Pension payments stolen from Iowa public employee retirees’ accounts (KWQC)
http://www.kwqc.com/content/news/Pension-payments-stolen-from-Iowa-public-employee-retirees-accounts-454657203.html

NJ’S HEFTY UNFUNDED LIABILITIES MATTER OF CONCERN TO OUTSIDE ANALYSIS (NJ Spotlight)
http://www.njspotlight.com/stories/17/11/02/nj-s-hefty-unfunded-liabilities-matter-of-concern-to-outside-analysis/

November 2, 2017

Pensions in the News: Media Clips for November 2, 2017

Californians for Retirement Security

 

Please visit www.LetsTalkPensions.com “Like” us on Facebook (www.facebook.com/LetsTalkPensions); and follow us on Twitter (www.twitter.com/PensionFacts).

California Stories

Who Pays? The CalPERS Pension Buck Identifies the Income Sources of Public Employee Pensions (CalPERS)
https://www.calpers.ca.gov/page/newsroom/for-the-record/2017/pension-buck

Brother of Las Vegas victim wants California pension funds to divest from gun sellers (Sacramento Bee)
http://www.sacbee.com/news/politics-government/the-state-worker/article182142846.html

California’s teachers pension fund will consider divesting from gun retailers following mass shootings (LA Times)
http://www.latimes.com/politics/essential/la-pol-ca-essential-politics-updates-california-teachers-pension-gun-retailers-1509561406-htmlstory.html

In good times and in bad, California’s pension fund managers win fat bonuses (R Street)
http://www.rstreet.org/op-ed/in-good-times-and-in-bad-californias-pension-fund-managers-win-fat-bonuses/

 

National Stories

The Legalities of Pension Reform: How Do You Get There from Here? (Washington Post)
https://www.washingtonpost.com/news/volokh-conspiracy/wp/2017/11/02/the-legalities-of-pension-reform-how-do-you-get-there-from-here/?utm_term=.5238bb05fc3e

Pensions Aren’t Just A Kentucky Problem. Here’s What Other States Have Done (WFPL)
http://wfpl.org/pensions-arent-just-kentucky-problem-heres-states-done/

Guest column: Pension proposal ‘Cuts the Promise’ (The Gleaner)
http://www.thegleaner.com/story/opinion/2017/11/01/guest-column-pension-proposal-cuts-promise/815832001/

Here Are Some Ways Oregon Could Raise $5 Billion To Shrink Pension Debt (NW News Network)
http://nwnewsnetwork.org/post/here-are-some-ways-oregon-could-raise-5-billion-shrink-pension-debt

Michael Scribner: Stop messing with public employees’ pensions (Topeka Capital-Journal)
http://cjonline.com/opinion/columns/2017-11-01/michael-scribner-stop-messing-public-employees-pensions

Education, pensions top priorities in Colorado guv’s budget (AP)
https://www.seattletimes.com/nation-world/education-pensions-top-priorities-in-colorado-guvs-budget/

Task force recommends how to cut Oregon’s pension deficit (AP)
https://www.seattletimes.com/nation-world/task-force-recommends-how-to-cut-oregons-pension-deficit/

FIXING THE PENSION SYSTEM FOR TEACHERS AND TAXPAYERS (NJ Spotlight)
http://www.njspotlight.com/stories/17/11/01/fixing-the-pension-system-for-teachers-and-taxpayers/