June 26, 2017

California Stories

When will Supreme Court rule on pension cuts? (Calpensions)
https://calpensions.com/2017/06/26/when-will-supreme-court-rule-on-pension-cuts/

OPINION: Meaningful pension reform needed (OC Register)
http://www.ocregister.com/2017/06/25/meaningful-pension-reform-needed/

Commentary: Lawmakers should support plan to give Americans retirement security (San Diego Union Tribune)
http://www.sandiegouniontribune.com/opinion/commentary/sd-utbg-retirement-security-california-20170623-story.html

OPINION: Public employee $100k club grows (OC Register)
http://www.ocregister.com/2017/06/25/public-employee-100k-club-grows/

Why Redlands is preparing for an increase in pension contributions (Redlands Daily Facts)
http://www.redlandsdailyfacts.com/government-and-politics/20170624/why-redlands-is-preparing-for-an-increase-in-pension-contributions

How 5 O.C. cities are working to pull down the rising cost of a pension ‘mess’ (Daily Pilot)
http://www.latimes.com/socal/daily-pilot/news/tn-dpt-me-pensions-package-20170623-story.html

CalPERS is a less competitive PE investor because of its strong stance on fees and expenses (PE Hub Network)

https://www.pehub.com/2017/06/calpers-is-a-less-competitive-pe-investor-because-of-its-strong-stance-on-fees-and-expenses/#

Santa Clarita Financial Advisor: California’s Pension Crisis (KHTS)
http://www.hometownstation.com/santa-clarita-news/arif-halaby-total-financial-solutions/santa-clarita-financial-advisor-californias-pension-crisis-197289

 

National Stories

Report: Colorado pension fund liabilities up 20 percent (AP)
http://www.thedenverchannel.com/news/front-range/denver/report-colorado-pension-fund-liabilities-up-20-percent

The new PERA numbers show more trouble for Colorado public pension fund (Denver Post)
http://www.denverpost.com/2017/06/23/pera-colorado-annual-report-pension/

Editorial: The meltdown in Illinois (Providence Journal)
http://www.providencejournal.com/opinion/20170625/editorial-meltdown-in-illinois

End of State Incentive Program May Cause Thousands to Retire (AP)
https://www.usnews.com/news/best-states/south-carolina/articles/2017-06-25/end-of-state-incentive-program-may-cause-thousands-to-retire

Pennsylvania points way for Illinois pension fix, analyst says (Sangamon Sun)
http://sangamonsun.com/stories/511131591-pennsylvania-points-way-for-illinois-pension-fix-analyst-says

The slow road to state pension reform (Pensions & Investments)
http://www.pionline.com/article/20170626/ONLINE/170629876/the-slow-road-to-state-pension-reform

Public fund trustees facing host of difficult challenges (Pensions & Investments)
http://www.pionline.com/article/20170626/ONLINE/170629883/public-fund-trustees-facing-host-of-difficult-challenges

June 23, 2017

California Stories

Is California Budget as ‘Balanced and Progressive’ as Gov. Brown Suggests? (Fox & Hounds)
http://www.foxandhoundsdaily.com/2017/06/california-budget-balanced-progressive-gov-brown-suggests/

Pension Pomperipossa: Destroying California’s Cities (City Watch)
http://www.citywatchla.com/index.php/los-angeles/13460-pension-pomperipossa-destroying-california-s-cities

OPINION Assembly Bill 20 would worsen California’s public pension crisis (OC Register)
http://www.ocregister.com/2017/06/23/assembly-bill-20-would-worsen-californias-public-pension-crisis/

Westminster’s Sales Tax Increase Offers Reprieve From Crisis (Voice of OC)
http://voiceofoc.org/2017/06/westminsters-sales-tax-increase-offers-reprieve-from-crisis/

Santa Maria City Will Ask Workers To Take Time Off Without Pay (Noozhawk)
https://www.noozhawk.com/article/santa_maria_city_will_ask_workers_to_take_time_off_without_pay

National Stories

The Pension Treadmill Is Accelerating—And Governments Can’t Possibly Keep Up (The American Interest)
https://www.the-american-interest.com/2017/06/22/the-pension-treadmill-is-acelerating-and-governments-cant-possibly-keep-up/

Most Public Pensions Received Insufficient Employer Contributions (Plan Sponsor)
http://www.plansponsor.com/Most-Public-Pensions-Received-Insufficient-Employer-Contributions/

No easy way to measure federal employee compensation, CBO says (Federal News Radio)
https://federalnewsradio.com/pay-benefits/2017/06/no-easy-way-to-measure-federal-employee-compensation-cbo-says/

No new corporate tax this year, Democratic legislators concede (Eugene Register Guard)
http://registerguard.com/rg/news/local/35700817-75/no-new-corporate-tax-this-year-democratic-leaders-concede.html.csp

June 22, 2017

California Stories

John Chiang: CalPERS can send a strong message to Trump (Sacramento Bee)
http://www.fresnobee.com/opinion/opn-columns-blogs/article157361009.html

OPINION Illinois’ fiscal mess is all too familiar to Californians (OC Register)
http://www.ocregister.com/2017/06/21/illinois-fiscal-mess-is-all-too-familiar-to-californians/

Southern California firefighters pull in a quarter-million dollars in overtime, and then some (OC Register)
http://www.ocregister.com/2017/06/21/southern-california-firefighters-pull-in-a-quarter-million-dollars-in-overtime-and-then-some/

Distressed City Exits Bankruptcy, But More Distress Ahead (American Spectator)
https://spectator.org/distressed-city-exits-bankruptcy-but-more-distress-ahead/

 

National Stories

The $4 Trillion Pension Problem (Bloomberg)
https://www.bloomberg.com/news/articles/2017-06-21/-4-trillion-pension-problem-doubles-as-a-credit-trade

Public pension liabilities vastly outpacing contributions despite higher payments — report (Pensions & Investments)
http://www.pionline.com/article/20170621/ONLINE/170629952/public-pension-liabilities-vastly-outpacing-contributions-despite-higher-payments-8212-report

How a long term approach boosts returns (Institutional Investor)
http://www.institutionalinvestor.com/article/3727130/investors-pensions/how-a-long-term-approach-boosts-returns.html#.WUteWxPyv6Y

New York City’s Slowly Sinking Pensions Are Taking on More Water (Reason)
http://reason.com/blog/2017/06/21/new-york-city-pension-crisis-report

CALPERS ASSUMES LOWER RETURNS (Top 1000 Funds)
https://www.top1000funds.com/profile/2017/06/22/calpers-assumes-lower-returns/

June 21, 2017

California Stories

Pay raises for CalPERS top brass on deck (Sac Bee)
http://www.sacbee.com/news/politics-government/capitol-alert/article157074434.html

CalPERS board approves potential raises for investment team (Institutional Investor)
http://www.institutionalinvestor.com/article/3726858/asset-management-macro/calpers-board-approves-potential-raises-for-investment-team.html#.WUoF3BPyv6Y

El Cajon warned at budget time about revenue forecast (San Diego Union Tribune)
http://www.sandiegouniontribune.com/communities/east-county/sd-se-elcajon-budget-20170613-story.html

 

National Stories

DO TEACHERS PENSIONS NEED TRUMPIAN NEGOTIATORS? (All About Alpha)
http://www.allaboutalpha.com/blog/2017/06/20/do-teachers-pensions-need-trumpian-negotiators/

Teacher retirement overhaul heads to Snyder (The Detroit News)
http://www.detroitnews.com/story/news/politics/2017/06/20/teacher-pensions-snyder/103043724/

Chicago Public Schools borrows $275M to fulfill pension duty (The Times)
http://www.mywebtimes.com/news/local/chicago-public-schools-borrows-m-to-fulfill-pension-duty/article_3b603ce1-902a-5f6a-b0de-b13db3d84efc.html

June 20, 2017

California Stories

California’s boldest pension reform, five years in (Capitol Weekly)
http://capitolweekly.net/californias-boldest-pension-reform-five-years/

Editorial: It’s one thing to back labor. But Treasurer Chiang’s CalPERS proposal goes too far. (Sac Bee)
http://www.sacbee.com/opinion/editorials/article156691769.html

CalPERS pension fund to review private equity investments (Reuters)
https://www.reuters.com/article/california-calpers-privateequity-idUSL1N1JG0XQ

CalPERS CIO looking at possible drastic cuts to private equity, citing transparency (Pensions & Investments)
http://www.pionline.com/article/20170619/ONLINE/170619871/calpers-cio-looking-at-possible-drastic-cuts-to-private-equity-citing-transparency

National Stories

Done: With School Pension Reform, State’s Big Pension Liabilities Contained (Michigan Capitol Confidential)
https://www.michigancapitolconfidential.com/done-with-school-pension-reform-states-big-pension-liabilities-contained

June 16, 2017

California Stories

Borrowing to Fund Pensions Could Make California the Next Puerto Rico (City Watch)
http://www.citywatchla.com/index.php/los-angeles/13427-borrowing-to-fund-pensions-could-make-california-the-next-puerto-rico

OPINION Unions try to make it harder for local governments to make pension payments (OC Register)
http://www.ocregister.com/2017/06/16/unions-try-to-make-it-harder-for-local-governments-to-make-pension-payments/

California Public Employees Retirement System speaks on defending system from ‘pension spiking’ (Northern California Record)
http://norcalrecord.com/stories/511126373-california-public-employees-retirement-system-speaks-on-defending-system-from-pension-spiking

City Council Approves Record Payment Toward Santa Monica’s Unfunded Employee Pensions (Santa Monica Lookout)
http://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2017/June-2017/06_15_2017_City_Council_Approves_Record_Payment_Toward_Santa_Monicas_Unfunded_Employee_Pensions.html

Pension costs continue to burden city budget (Simi Valley Acorn)
http://www.simivalleyacorn.com/news/2017-06-16/Front_Page/Pension_costs_continue_to_burden_city_budget.html

 

National Stories

Public worker unions not sold on Christie’s lottery-pension fix (NJ.com)
http://www.nj.com/politics/index.ssf/2017/06/public_labor_unions_not_sold_on_christies_lottery-.html

N.J. lawmakers get first look at lottery pension plan (North Jersey)
http://www.northjersey.com/story/news/new-jersey/2017/06/15/n-j-lawmakers-get-first-look-lottery-pension-plan/401227001/

NJ TREASURER PITCHES PLAN TO USE LOTTERY TO HELP PROP UP PUBLIC-WORKER PENSIONS (NJ Spotlight)
http://www.njspotlight.com/stories/17/06/15/state-treasurer-pitches-plan-to-use-lottery-to-help-prop-up-public-worker-pensions/

Pa. pension formula changes for new teachers, state workers (Philadelphia Tribune)
http://www.phillytrib.com/news/business/pa-pension-formula-changes-for-new-teachers-state-workers/article_b27712d8-8438-53a1-a7da-105e1b0f6ce6.html

N.M. teachers, school workers may see reduction in pension (AP)
http://www.lcsun-news.com/story/news/2017/06/15/state-workers-may-f/401800001/

Colorado pension system faces risky future despite past fixes (Colorado Watchdog)
http://watchdog.org/293561/colorado-pension-system-faces-risky-future-despite-past-fixes/

Public sector staff pay twice as much into pension pots (Financial Times)
https://www.ft.com/content/22892a4e-51c4-11e7-a1f2-db19572361bb

June 15, 2017

California Stories

How Much Should You Save for Retirement? (Bloomberg)
https://www.bloomberg.com/news/articles/2017-06-14/how-much-should-you-save-for-retirement?utm_campaign=news&utm_medium=bd&utm_source=applenews

Forward Thinking Aims To Secure City Employees’ Pensions And Benefits (Pasadena Independent)
http://www.pasadenaindependent.com/news/forward-thinking-aims-secure-city-employees-pensions-benefits/

CalPERS to vote on bonus eligibility raises for top investment staff (Pensions & Investments)
http://www.pionline.com/article/20170614/ONLINE/170619930/calpers-to-vote-on-bonus-eligibility-raises-for-top-investment-staff

 

National Stories

Environmentalists Demand Trillions in Lower Returns for Pensions (National Review)
http://www.nationalreview.com/article/448651/pensions-divest-energy-stocks-terrible-idea

Opinion How teacher pension plans cheat thousands of educators out of the retirement savings they deserve (New York Daily News)
http://www.nydailynews.com/opinion/teacher-pension-plans-cheat-thousands-educators-article-1.3245019

Michigan Senate and House panels pass revised pension reform bills (Pensions & Investments)

http://www.pionline.com/article/20170614/ONLINE/170619931/michigan-senate-and-house-panels-pass-revised-pension-reform-bills

Editorial: Pass compromise fix on pensions (The Detroit News)
http://www.detroitnews.com/story/opinion/editorials/2017/06/14/pension-fix/102869240/

Teacher pension plan moves fast in Michigan Legislature (The Detroit News)
http://www.detroitnews.com/story/news/politics/2017/06/14/pension-vote/102847610/

Opinion: Penn’s new pension law strikes right balance for reform (The Intelligencer)
http://www.theintell.com/opinion/guest/state-s-new-pension-law-strikes-right-balance-for-reform/article_e4b1b3bf-1895-5bec-b2e7-fdc1f2cb0519.html

June 14, 2017

California Stories

More money for schools, state pension fund, low-wage workers (Bay Area News Group)
http://www.record-bee.com/general-news/20170613/more-money-for-schools-state-pension-fund-low-wage-workers

San Diego says ruling that vindicated pension reform was sound (San Diego Union Tribune)
http://www.sandiegouniontribune.com/news/politics/sd-me-pension-appeal-20170613-story.html

Calpers Considers Pay Raises for Top Executives in Delicate Move (Bloomberg)
https://www.bloomberg.com/news/articles/2017-06-13/calpers-considers-pay-raises-for-top-executives-in-delicate-move

National Stories

Ohio’s public-worker pensions face cuts (Record Courier)
http://www.recordpub.com/news%20local/2017/06/13/ohios-publicworker-pensions-face-cuts

Editorial: Pa.’s pension time bomb still ticking (Daily Local News)
http://www.dailylocal.com/article/DL/20170612/NEWS/170619974

Penn.’s new pension law strikes right balance for reform (Press Opinion)
http://www.publicopiniononline.com/story/opinion/2017/06/13/states-new-pension-law-strikes-right-balance-reform/392575001/

Are public pensions a thing of the past? (Click Orlando)
http://www.clickorlando.com/money/are-public-pensions-a-thing-of-the-past

June 13, 2017

PLEASE AMPLIFY

OPINION: Cutting pension benefits no way to attract needed teachers (Riverside Press Enterprise)
http://www.pe.com/2017/06/11/cutting-pension-benefits-no-way-to-attract-needed-teachers/

California Stories

Editorial: Charter legislation a distraction, not a solution (Pasadena Sun Star)
http://www.pasadenastarnews.com/opinion/20170612/charter-legislation-a-distraction-not-a-solution

Prison Unions are Punishing California Taxpayers … Here’s How (City Watch)
http://www.citywatchla.com/index.php/los-angeles/13397-prison-unions-are-punishing-california-taxpayers-here-s-how

Rising pension costs dominate City Council’s budget review (Pleasanton Weekly)
https://www.pleasantonweekly.com/news/2017/06/12/rising-pension-costs-dominate-city-councils-budget-review

 

National Stories

OPINION In many states, the pension time-bomb is ticking (Washington Examiner)
http://www.washingtonexaminer.com/in-many-states-the-pension-time-bomb-is-ticking/article/2625527

Ohio’s public-employee pensions face cutbacks (Columbus Dispatch)
http://www.dispatch.com/news/20170612/ohios-public-employee-pensions-face-cutbacks

Column: Current pensions a fiscal cancer (The Detroit News)
http://www.detroitnews.com/story/opinion/2017/06/13/pensions/102797218/

Study finds Oregon public school teachers’ health insurance and pension costs are higher than in some school districts elsewhere in Northwest (Eugene Register Guard)
http://registerguard.com/rg/news/local/35669272-75/story.csp

Wolf signs pension reforms into law (The Daily Item)
http://www.dailyitem.com/news/local_news/wolf-signs-pension-reforms-into-law/article_ddbb4dc0-f30c-506f-b2da-aacd507ddcf5.html

Gov. Wolf makes ‘historic’ pension reform law; “What about debt?” asks critics (Fox 43)
http://fox43.com/2017/06/12/gov-wolf-makes-historic-pension-reform-law-what-about-debt-asks-critics/

Are public pensions a thing of the past for young workers? (CNN Money)
http://www.nbc-2.com/story/35649260/are-public-pensions-a-thing-of-the-past-for-young-workers

If You Live in One of These Four States, Forget About Collecting Your Pension Payments (Money Morning)
https://moneymorning.com/2017/06/12/if-you-live-in-one-of-these-four-states-forget-about-collecting-your-pension-payments/

 

June 12, 2017

California Stories

Editorial: Pension loan needs more scrutiny (Santa Rosa Press Democrat)
http://www.pressdemocrat.com/opinion/7080155-181/pd-editorial-pension-loan-needs

Social Services Layoffs Among Cuts Proposed in $1.07 Billion Santa Barbara County Budget (Noozhawk)
https://www.noozhawk.com/article/social_services_staff_cuts_proposed_santa_barbara_county_budget_20170611

 

National Stories

Pa. pension overhaul will become law, but the problem isn’t over (Newsworks)
http://www.newsworks.org/index.php/local/item/104669-pa-pension-overhaul-will-become-law-but-the-problem-isnt-over

Opinion Pension reform strikes right balance on benefits, predictability (Philadelphia Inquirer)
http://www.philly.com/philly/opinion/20170611_Pension_reform_strikes_right_balance_on_benefits__predictability.html

Pennsylvania pension law: Necessary, and a sign of decline (Philadelphia Inquirer)
http://www.philly.com/philly/blogs/inq-phillydeals/pennsylvania-pension-law-necessary-and-a-sign-of-decline-20170611.html

Rising costs eat into Ohio’s public-employee pension systems (Columbus Dispatch)
http://www.dispatch.com/news/20170611/rising-costs-eat-into-ohios-public-employee-pension-systems

Explaining Minnesota’s ‘hidden’ pension problem (Minn Post)
https://www.minnpost.com/politics-policy/2017/06/explaining-minnesotas-hidden-pension-problem

PERS cost-sharing bill more window-dressing than reform: Editorial (The Oregonian)
http://www.oregonlive.com/opinion/index.ssf/2017/06/pers_cost-sharing_bill_needs_m.html

Single-payer fan? Consider Illinois pension mess (Quad Cities Online)
http://www.qconline.com/opinion/columnists/don_o_shea/single-payer-fan-consider-illinois-pension-mess/article_e290671a-d54f-57a9-a912-021e95329a3e.html

June 9, 2017

California Stories

Opinion: Is Jerry Brown’s pension-paydown plan a boon or a boondoggle? (San Jose Mercury News)
http://www.mercurynews.com/2017/06/08/opinion-is-jerry-browns-pension-paydown-plan-a-boon-or-a-boondoggle/

Jury sees $1 billion shortfall in Marin public pensions (Marin Independent Journal)
http://www.marinij.com/article/NO/20170608/NEWS/170609805

Editorial: All politicians need to confront pension shortfall (Chico Enterprise Record)
http://www.chicoer.com/opinion/20170608/editorial-all-politicians-need-to-confront-pension-shortfall

Letter: Look at pensions of elected officials (Lodi News-Sentinel)
http://www.lodinews.com/opinion/letters/article_12230018-4bce-11e7-b017-d3c6a1bca999.html

CalSTRS divesting from non-U.S. thermal coal companies (Pensions & Investments)
http://www.pionline.com/article/20170608/ONLINE/170609871/calstrs-divesting-from-non-us-thermal-coal-companies

National Stories

Pa. legislature sends Wolf plan to reduce pension costs (Pittsburgh Post-Gazette)
http://www.post-gazette.com/news/politics-state/2017/06/08/Pennsylvania-legislature-approves-plan-reduce-pension-costs-Tom-Wolf/stories/201706080163

Pa. legislature approves overhaul of public employee pensions (Philadelphia Inquirer)
http://www.philly.com/philly/news/politics/state/pa-legislature-approves-overhaul-of-public-employee-pensions-20170608.html

Key dates in Pennsylvania’s century-old pension debate (The Morning Call)
http://www.mcall.com/news/nationworld/pennsylvania/mc-pa-pension-timeline-20170608-story.html

Lawmakers got pension reform: Will they accept a cut to their retirement? (Penn Live)
http://www.pennlive.com/politics/index.ssf/2017/06/lawmakers_got_pension_reform_w.html

Tentative deal reached on state budget, school employee pension reform (Detroit Free Press)
http://www.freep.com/story/news/2017/06/08/michigan-budget-teacher-pension/381132001/

Official: NYC divests pension fund from some private firms (Newsday)
http://www.newsday.com/news/new-york/official-nyc-divests-pension-fund-from-some-private-firms-1.13722564

Union Protests Cuts to Retired School Employee Pensions at Ohio Statehouse (WOSU)
http://radio.wosu.org/post/union-protests-cuts-retired-school-employee-pensions-statehouse

Gov. Brown criticizes union threats aimed to force corporate tax increase (The Oregonian)
http://www.oregonlive.com/politics/index.ssf/2017/06/gov_brown_criticizes_union_thr.html

 

June 8, 2017

California Stories

Editorial A risk worth taking to cut CalPERS’ pension liabilities (LA Times)
http://www.latimes.com/opinion/editorials/la-ed-calpers-unfunded-liability-20170605-story.html

Sonora leaders look ahead to uncertain future (The Union Democrat)
http://www.uniondemocrat.com/localnews/5358063-151/sonora-leaders-look-ahead-to-uncertain-future?isDev=1

 

National Stories

Union Protests Cuts to Retired School Employee Pensions at Statehouse (WKSU)
http://wksu.org/post/union-protests-cuts-retired-school-employee-pensions-statehouse#stream/0

Snyder halts pensions for felonious officials (The Detroit News)
http://www.detroitnews.com/story/news/politics/2017/06/07/pension-forfeit-snyder/102597416/

New Orleans doesn’t need pension reform for city workers: Letter (New Orleans Times Picayune)
http://www.nola.com/opinions/index.ssf/2017/06/pensions_new_orleans.html

Budget crunch: Pa. faces possible $3 billion shortfall (Philadelphia Inquirer)
http://www.philly.com/philly/news/politics/state/june-brings-heat-budget-debate-in-pa-capitol-20170607.html

June 7, 2017

California Stories

Editorial: Many government workers have it made (San Bernardino Sun)A
http://www.sbsun.com/opinion/20170606/many-government-workers-have-it-made

National Stories

Pensions: The case for defined contribution retirement plans (Fire Chief)
https://www.firechief.com/2017/06/06/pensions-the-case-for-defined-contribution-retirement-plans/

PA to Move Teachers, State Workers to Hybrid Pension Plans (Efficient Gov)
https://efficientgov.com/blog/2017/06/06/pennsylvania-teachers-state-workers-hybrid-pension-plans/

Pennsylvania’s public sector unions have called a strategic retreat on pension bill (Penn Live)
http://www.pennlive.com/news/2017/06/pension_bill_represents_in_som.html

Mich. Legislature keeps advancing budget despite pension impasse (AP)
http://www.petoskeynews.com/legislature-keeps-advancing-budget-despite-pension-impasse/article_4f15a21b-3984-5648-88e4-8ebda2321eac.html

Closing teacher pension system benefits charter schools, lawmaker says (Mich Live)
http://www.mlive.com/news/ann-arbor/index.ssf/2017/06/teacher_pension_reform.html

NY pension chief resists push to dump oil stocks (The Daily Star)
http://www.thedailystar.com/news/local_news/pension-chief-resists-push-to-dump-oil-stocks/article_f4eeeddf-d66d-5f73-868f-a8512219ac62.html

Houston pension bill sparks firefighters’ ire (Institutional Investor)
http://www.institutionalinvestor.com/article/3723369/investors-pensions/houston-pension-bill-sparks-firefighters-ire.html#.WTeZ3BPyv6Y

Democrats propose employee cost-sharing in pension fund (The Oregonian)
http://www.oregonlive.com/politics/index.ssf/2017/06/democrats_propose_employee_cos.html

Oregon PERS cost-cutting proposal includes ‘risk sharing’ account (Statesman Journal)
http://www.statesmanjournal.com/story/news/2017/06/05/pers-cutting-proposal-drops/369870001/

SHINING LIGHT ON HEFTY FEES TO OUTSIDE MANAGERS OF PUBLIC PENSION FUNDS (NJ Spotlight)
http://www.njspotlight.com/stories/17/06/05/shining-light-on-multimillion-dollar-fees-to-outside-managers-of-public-pension-funds/

June 6, 2017

California Stories

Fairfax considers tapping reserves for pensions, projects (Marin Independent Journal)
http://www.marinij.com/article/NO/20170604/NEWS/170609906

National Stories

Bill to rein in Pennsylvania pension benefits on fast track (AP)
http://triblive.com/state/pennsylvania/12375826-74/bill-to-rein-in-pennsylvania-pension-benefits-on-fast-track

Pa. legislators move to overhaul public employee pensions (Philadelphia Inquirer)
http://www.philly.com/philly/news/pennsylvania/pa-legislators-move-to-overhaul-public-employee-pensions-20170605.html

Pennsylvania’s public sector unions have called a strategic retreat on pension bill (Penn Live)
http://www.pennlive.com/news/2017/06/pension_bill_represents_in_som.html

Bipartisan Senate vote moves pension-reform bill forward (The Weekender)
http://theweekender.com/uncategorized/26173/bipartisan-senate-vote-moves-pension-reform-bill-forward

Justices side with religious hospitals in pension dispute (AP)
http://www.sfchronicle.com/news/medical/article/Justices-side-with-religious-hospitals-in-pension-11196269.php

Changes to PERS part of changes proposed by key Oregon lawmakers (Eugene Register Guard)
http://registerguard.com/rg/news/local/35647345-75/changes-to-pers-part-of-changes-proposed-by-key-oregon-lawmakers.html.csp

Ratings Agency Calls Pension Returns Into Question (The American Interest)
https://www.the-american-interest.com/2017/06/05/ratings-agency-calls-pension-returns-into-question/

June 5, 2017

California Stories

Column Gov. Brown wants California to borrow from itself to fund employee pensions. Good idea (LA Times)
http://www.latimes.com/business/hiltzik/la-fi-hiltzik-calpers-funding-20170604-story.html

Maverick CalPERS board member won’t run again (Calpensions)
https://calpensions.com/2017/06/05/maverick-calpers-board-member-wont-run-again/

Reasonable steps for unmet needs (Stockton Record)
http://www.recordnet.com/news/20170604/reasonable-steps-for-unmet-needs

Letters to editor Retirement systems are different (Fairfield Daily Republic)
https://www.dailyrepublic.com/opinion/retirement-systems-are-different/

Increasing retirement plan rates will constrict Chico city funds (Chico Enterprise Record)
http://www.chicoer.com/article/NA/20170602/NEWS/170609945

National Stories

Census Bureau: Public Pension Funds’ Investment Earnings Down 67% (Chief Investment Officer)
https://www.ai-cio.com/news/census-bureau-public-pension-funds-investment-earnings-67/

Must ensure Kentucky pensions there for those who earned them (The State Journal)
http://www.state-journal.com/2017/06/03/must-ensure-pensions-there-for-those-who-earned-them/

IMRF Executive Director: Thanks for a “better” look at Illinois pensions (The State Journal-Register)
http://www.sj-r.com/opinion/20170602/imrf-executive-director-thanks-for-better-look-at-illinois-pensions

To Save Public Higher Education, Defang Public Sector Unions (The American Interest)
https://www.the-american-interest.com/2017/06/03/to-save-public-higher-education-defang-public-sector-unions/

June 2, 2017

California Stories

California Uses One State Credit Card To Pay Off Another (Reason)
http://reason.com/blog/2017/06/01/california-gov-jerry-brown-uses-one-stat

In California, even some dogs might get state pensions (Sac Bee)
http://www.sacbee.com/news/politics-government/capitol-alert/article153928654.html

SLO County’s soaring six-figure pension club (Cal Coast News)
https://calcoastnews.com/2017/06/slo-countys-soaring-six-figure-pension-club/

 

National Stories

In Texas, Some Rare Good News About Cities With Pension Woes (NY Times)
https://www.nytimes.com/2017/06/01/business/dealbook/municipal-pensions-dallas-houston-bankruptcy.html?_r=0

NCPERS Study Highlights Economic Costs of Doing Away with DB Plans (Chief Investment Officer)
https://www.ai-cio.com/news/ncpers-study-highlights-economic-costs-away-db-plans/

June 1, 2017

California Stories

Obscure State Fund Takes Center Stage…Again (Fox & Hounds)
http://www.foxandhoundsdaily.com/2017/05/obscure-state-fund-takes-center-stageagain/

Public Administrators See Financial Crisis Ahead for California Municipalities (Fox & Hounds)
http://www.foxandhoundsdaily.com/2017/06/public-administrators-see-financial-crisis-ahead-california-municipalities/

OPINION Newport Beach plans for the future (OC Register)
http://www.ocregister.com/2017/05/31/newport-beach-plans-for-the-future/

 

National Stories

Governor appoints task force to cut pension deficit (The Oregonian)
http://www.oregonlive.com/politics/index.ssf/2017/05/governor_appoints_task_force_t.html

Op-ed: Why Do Taxpayers Get the Bill for a Union President’s Pension? (Wall Street Journal)
https://www.wsj.com/articles/why-do-taxpayers-get-the-bill-for-a-union-presidents-pension-1496187459

Gov. Charlie Baker decries plan to give convicted public employees pension money (Boston Herald)
http://www.bostonherald.com/news/local_politics/2017/05/gov_charlie_baker_decries_plan_to_give_convicted_public_employees

Big pensions just tiny part of big Illinois pension mess (Dipatch Argus)

http://www.qconline.com/opinion/big-pensions-just-tiny-part-of-big-pension-mess/article_978e0875-b8e4-5450-bd95-da34ccdd970b.html

An Illinois pension primer gets to the heart of the problem (Chicago Now)
http://www.chicagonow.com/dennis-byrnes-barbershop/2017/05/an-illinois-pension-primer-gets-to-the-heart-of-the-problem/

May 31, 2017

California Stories

Editorial: California Democrats shouldn’t start a futile fight with Trump (San Diego Union Tribune)
http://www.sandiegouniontribune.com/opinion/editorials/sd-secure-choice-retirement-20170526-story.html

Gov. Brown’s pension plan gets mixed reviews from reformers (R Street)
http://www.rstreet.org/op-ed/gov-browns-pension-plan-gets-mixed-reviews-from-reformers/

Modesto pension costs expected to skyrocket (Modesto Bee)
http://www.modbee.com/news/article153082744.html

CalPERS cost will double to $19.5M in 5 years (Manteca Bulletin)
http://www.mantecabulletin.com/section/1/article/143972/

 

National Stories

Continuing Public Pension Reforms Could Hurt the Economy (Plan Sponsor)
http://plansponsor.com/Continuing-Public-Pension-Reforms-Could-Hurt-the-Economy/

Public pensions must recognize their duty to address climate risk (The Hill)
http://thehill.com/blogs/pundits-blog/finance/335532-public-pensions-have-a-duty-to-address-climate-risk

Who killed retirement security? If you look closely, it wasn’t the 401(k) (American Enterprise Institute)
https://www.aei.org/publication/who-killed-retirement-security-if-you-look-closely-it-wasnt-the-401k/

N.J. pension, budget woes test resolve of governor, lawmarkers (Pensions & Investments)
http://www.pionline.com/article/20170530/ONLINE/170539996/nj-pension-budget-woes-test-resolve-of-governor-lawmarkers

Op-ed: Michigan can’t sustain teacher pensions, but can secure retirement funds (Michigan Live)
http://www.mlive.com/opinion/index.ssf/2017/05/michigan_cant_sustain_teacher.html

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

 

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

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 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