Fighting Back on Retirement Benefits

September 20, 2018

California Stories

Poway City Council considering special pension account (Pomerado News)

Column: CalPERS needs to come clean about its CEO’s educational background (LA Times)

Biggest U.S. Public Pension Looks to China for New Investment Chief (WSJ)

Council to discuss bonding CalPERS unfunded liability today (The Daily Independent)

National Stories

Multiemployer pension hole keeps getting deeper (American Enterprise Institute)

STATE AFFAIRS: State, locals drowning in pension costs (My Web News (Ill.)

September 19, 2018

California Stories

Editorial: Don’t let these six Bay Area cities take your home equity (San Jose Mercury News)

Calpers Ups Pressure on Companies Over Executive Pay, Harassment (Bloomberg)

CalPERS Rejects Pay Packages for 43% of US Companies (Chief Investment Officer)

National Stories

What you should know about the deal Murphy just struck with public worker unions (

September 18, 2018

California Stories

Pension Costs Underlie Tax Increases in Seven OC Cities (Voice of OC)

CalPERS turns focus to board diversity in proxy voting (Pensions & Investments)

Report: California schools have improved, but major funding challenges remain (Education Dive)

Opinion: Why More Women Aren’t on California Corporate Boards (Cal Matters)

National Stories

Should These Hated Social Security Laws Get Repealed? (AP)

Murphy: NJ taxpayers will save millions with changes to public workers’ health benefits (North Jersey)

Moody’s rating will affect spending on a long-term basis in New Mexico (RR Observer)

NYC Pension Funds to Double Green Investments (Chief Investment Officer)

Disbarred attorney consults on case alleging hedge funds mismanaged Kentucky pensions (ABA Journal)

September 14, 2018

California Stories

CalPERS hired a CEO without a college degree. Now the public pension fund is explaining why

California Mandates 2 Largest Pension Funds Factor Climate Risk into Investments (Sustainable Brands)

Investors find low-carbon opportunities (Top 1000 Funds)

Teacher, Firefighter, Police and Other Retirement Funds Flow Into Sanctioned Russian Companies (Rolling Stone)

National Stories

Editorial: A reformer survives a tough Rhode Island primary. More should follow her example. (Washington Post)

Pension wisdom needs to continue in OK Legislature (The Oklahoman)

September 11, 2018

National Stories

Public Employees’ Pay, Benefits and Rights Become Campaign Issues (Governing)

Pension spiking needs review, House candidates say (Madison Record)

Another Hit to Retirement Plan Investors: Financial Transaction Tax (Plan Sponsor)

September 10, 2018

California Stories

OPINION California’s pension crisis hits disadvantaged students the hardest (Riverside Press Enterprise)

National Stories

Emerging-Market Tremors Rattle Tennessee’s Public Pensions (WSJ)

Our assessment of Rahm Emanuel’s mayoralty (Crain’s Chicago Business)

Chicago mayoral candidate Wilson: Politicians should go to jail for pension lies (Chicago City Wire)

James DeWeese: Ready to take on the bullies in Frankfort (Forward Kentucky)

September 6, 2018

California Stories

CalPERS Hits It Big with Infrastructure Returns (Chief Investment Officer)

National Stories

Virginia Retirement System Returns 7.5% (Chief Investment Officer)

September 5, 2018

California Stories

Santa Maria City Council approves transit parking lot expansion, cost-sharing agreement for employee pensions (Santa Maria Times)

CalSTRS Takes First Steps to Restructuring Private Equity (Chief Investment Officer)

National Stories

IPERS beats goal with nearly 8% gain on pension fund investments (Des Moines Register)

Analysis: NJ economic growth won’t sustain Murphy’s agenda, adding pressure to raise taxes (North Jersey)

Mayor Rahm Emanuel will not seek a third term (Curbed Chicago)

Another voice: Now, more than ever, we need our unions (Hood River News)

September 4, 2018

California Stories

Dan Walters: Required vote for local tax increases in legal limbo (Cal Matters)

Utility union benefits from California wildfire legislation (AP)

US pension funds ‘must consider climate-related risks’ (IPE)

California Legislature passes bill requiring female board representation (Pensions & Investments)

Chowchilla votes to pursue bonds to retire the city pension liability (Madera Tribune)

Calpers CEO’s Education to Get Scrutiny From Some Board Members (Bloomberg)

New Private Equity Model Could Push CalPERS Up in Global Ranks (Chief Investment Officer)

National Stories

Moody’s Warns Connecticut’s Fixed Costs too Costly (Yankee Institute)


August 30, 2018

California Stories

CalPERS names ex-Jerry Brown aide as third CFO in 14 months (Sacramento Bee)

National Stories

Emanuel defends $10 billion pension bond plan (Chicago Sun Times)

The Public-Pension Party Must End (National Review)

August 29, 2018

California Stories

‘Cold Hard Truth’: Why San Diego County Schools Are In The Red (Poway Patch)

City Official Is No Fan of Nunes Pension Reform Bill (GV Wire)

National Stories

Ky. Gov. Defends Pension Bill’s Legality To State High Court (Law 360)

Is Chicago’s $10 Billion Pension Bond Sale Decision the Answer? (Chief Investment Officer)

Opinion Teachers’ Retirement System: Illinois is reforming its public pensions (State Journal-Register)

SOA seeks comments on new mortality assumptions for public pensions (Benefits Pro)

Business community expresses support of sustainable public pension systems in Supreme Court hearing (The Lane Report (Kent.)

Protect N.J. state workers’ pensions with reforms | Feedback (

August 28, 2018

California Stories

Woodland says it is dealing with pension problems as called for by Yolo County Grand Jury (Woodland Daily Democrat)

National Stories

Some public employees face Social Security hurdles (Investment News)

August 27, 2018

California Stories

CalPERS Health Chief Utilizes Data to Affect California’s Health Care Costs (Kaiser Health News)

Exclusive: An Inside Look at CalPERS’ New Direct Private Equity Organization (Chief Investment Officer)

Gas tax projects prompt Jerry Brown’s pay raises for California highway engineers (Sacramento Bee)

National Stories

It’s a nice try, but here’s what’s missing from Sweeney’s budget plans | Opinion (

August 24, 2018

California Stories

More San Diego Employees Are Quitting Since ‘Prop B’ Pension Reform (KPBS)

CalPERS Health Chief Wields The Power Of Data To Tame Costs (California Healthline)

Government pay watchdog wants CalPERS to name retirees with disability pensions (Sacramento Bee)

Gas tax projects prompt Jerry Brown’s pay raises for California highway engineers (Sacramento Bee)

CALPERS/CalSTRS shortfalls (Hanford Sentinel)

CalPERS Hides the Ball on Disability Fraud (Independent Institute)

National Stories

N.Y., Other State Pensions Slow to Divest From Private Prisons (Bloomberg)

The Time Bomb Inside Public Pension Plans (Wharton)

August 23, 2018

California Stories

Government pay watchdog wants CalPERS to name retirees with disability pensions (Sacramento Bee)

Pension Benefits and The California Rule: Time for It To Go? (The Federalist Society)

Soaring overtime fattens paychecks of California cops and firefighters. But at a cost (Sacramento Bee)

Another lawsuit demands California unions return fair share fees to government workers (Sacramento Bee)

11 Huntington Beach City Council candidates share ideas on pensions, low-income housing and offshore drilling (Daily Pilot)

National Stories

A top N.J. Democrat backs pension reforms, calls for no ‘new tax hikes’ (

A bipartisan plan to fix N.J. – reform pensions, public worker health benefits | Opinion (

Chicago mulls $10 billion debt sale to fill pension funding hole — here’s why it’s a bad idea (Marketwatch)

August 22, 2018

California Stories

My turn: The facts about teacher pensions (Cal Matters)

Group Sues CalPERS for Data on Pensions, Benefits (Techwire)

CalPERS goes large with $2.7 bln of PE commitments in first half (PE Hub)

National Stories

More steps must be taken to reduce risks in Minnesota’s public pension system (Minn Post)

Union Urges Divestment from Immigrant Detention (Chief Investment Officer)

Chicago Teachers to Divest Private Prisons, Immigration Detention Centers (Chief Investment Officer)


August 21, 2018

California Stories

Open government group sues CalPERS over data on pension types (San Diego Union Tribune)

National Stories

Massachusetts public pension benefits are stingy (Marketwatch)

Did SWEENEY kill recent pension-padding bill? (Politico)

Most can’t afford to serve as legislators: Rasmussen (

August 16, 2018

California Stories

14,000 CalPERS members and their families need to find a new 2019 health plan. Here’s why (Sacramento Bee)

CalPERS fires back against bill requiring liability calculations on Treasury rates (Pensions & Investments)

Calif. Pensions Reviewing Investments Tied to Border Enforcement (Bloomberg)

CalPERS adopts new private equity policy, changes staff discretion on commitments (Pensions & Investments)

National Stories

How Connecticut’s Government Unions Became “Above the Law” (Yankee Institute)


August 15, 2018

California Stories

School chief candidates Tuck, Thurmond on pensions (Cal Matters)

CalPERS adopts new private equity policy, changes staff discretion on commitments (Pensions & Investments)

CalPERS CIO Orders Active Risk Review (Chief Investment Officer)

National Stories

Opinion: Don’t confuse public pension cost with generosity (Marketwatch)

Have Public Employee Pensions Become More Generous, or Less? (Forbes)

Kentucky Supreme Court Will Weigh Controversial Pension Bill (Chief Investment Officer)

Dickinson attacks Raimondo on pension overhaul (Providence Journal)

Mayoral hopeful Vallas calls possible $10B Emanuel pension payoff ‘irresponsible’ (Chicago Tribune)

Sweeney task force releases recommendations to rein in spending (NJTV)

Nice try, but pigs will fly before this toll plan does | Mulshine (

August 14, 2018

California Stories

Borenstein: Cal Fire union leaders’ pension-spiking gambit (San Jose Mercury News)

CalPERS fires back against bill requiring liability calculations on Treasury rates (Pensions & Investments)

CalPERS Advisor: As Tech Startup Model Shifts, Direct Investment Model Makes Sense (Chief Investment Officer)

National Stories

Renewed call for pension reform angers public employee unions (NJTV News)

N.J. commission recommends moving new employees to hybrid fund (Pensions & Investments)

Minnesota’s pension reforms receive praise, but more fixes may be needed (Watchdog)

August 13, 2018

California Stories

CalPERS may channel more dollars to buyouts, give staff added flexibility (PE Hub)

CalPERS Cuts Most of Its Forestland Investment Program (Chief Investment Officer)

National Stories

Will the Left Get Fooled Into Abandoning Worker Pensions? (In These Times)

All you need to know about huge changes pushed for N.J. schools, property taxes, pensions and tolls (

Employee compensation hikes have cost Naperville more than $500,000 in up-front pension payments (Naperville Sun (Ill.)

AFT Exposes Billions Invested In Private Prisons Through Hedge Funds Held By Public Pensions

August 10, 2018

California Stories

David Crane: Teachers’ pensions (Cal Matters)

DeMaio defends Prop B following Supreme Court ruling on public employee union measure (Northern California Record)

National Stories

Sweeney task force recommends pension and benefits reforms, consolidating schools (Burlington County Times)

NJ spending cut task force report dead on arrival? Editorial (Asbury Park Press)

NJ is looking for a solution to high taxes. Combining school districts may be one of them (North Jersey Record)

NJ Politics Digest: Could This Be the Way Out of the State’s Fiscal Mess? (Observer)


Editorial: State pension fix should be front and center (ABQ Journal)

Idaho Public Employees returns net 8.4% in fiscal year (Pensions & Investments)

Commentary: Getting retirement solutions rights is a matter of national security (Pensions & Investments)

August 9, 2018

California Stories

San Diego’s Move to DC Plan in Limbo (Plan Sponsor)

National Stories

Pension Funds Are Boosting Bull Market Bets as Stocks Climb Higher (Wall Street Journal)

New Report: Divestment of fossil fuels by New York, Colorado pensions has substantial cost for retirees, taxpayers

Report: Here’s what Colorado’s pension divestiture from oil, coal would cost retirees (Denver Business Journal)

August 8, 2018

California Stories

Dave Low: The other side of the pension debate

California unions win another pension lawsuit. Will their streak continue? (Sacramento Bee)

A CalPERS false alarm (Sacramento Bee)

CalPERS to vote on coordinating consultants’ contracts (Pensions & Investments)

National Stories

Pensions Beat Expectations for 2nd Straight Year (Governing)

Rebuilding the employment security system for the Rust Belt that created it (Brookings Institute)

Opinion: Depressed wages, pension cutbacks hurt black women (Cincinnati Inquirer)

Matt Brown hits Raimondo on her career making pension cuts (Uprise RI)

Pension Funds Are Boosting Bull Market Bets as Stocks Climb Higher (WSJ)

August 7, 2018

National Stories

Lackluster asset performance in Q2 drops public pension funding by $23 billion

With 6 months down, Gov. Murphy still learning how to win friends and influence lawmakers (North Jersey)

High property taxes pay public pensions, with little public service (Belleville News Democrat)

Column: If they disavow Malloy, why elect any Democrats? (Journal Inquirer)

Why Taxpayers Are Shelling Out More Money for Worse Service (Mackinac Center)

Controversy simmering over gauging pension obligations (Pensions & Investments)

August 6, 2018

California Stories

Column | Sanders and DeMaio talk of teaming up on another pension measure (San Diego Union Tribune)

Three Cheers For The Los Angeles Times (Forbes)

Your Opinions | Taxpayers hurt most by San Diego’s failed pension effort (San Diego Union Tribune)

Solano Voices: Teachers, start saving now (Fairfield Daily Republic)

Santa Maria officials contest part of grand jury’s report on employee pensions (Santa Maria Times)

CalPERS Wants to Hire New Real Estate Managers (Chief Investment Officer)

National Stories

Controversy simmering over gauging pension obligations (Pensions & Investments)

August 3, 2018

California Stories

Supreme Court rules San Diego skipped key legal step in taking pension reform to voters (San Diego Union Tribune)

Editorial | San Diego’s pension mess just got a lot messier. Now what? (San Diego Union Tribune)

Thousands of Employees Face Uncertainty After Supreme Court Pension Case (Voice of San Diego)

San Diego’s Pension Initiative Required Union Input: Court (Bloomberg)

State Supreme Court Rules Against San Diego Pension Reform (KPBS)

Sacramento Tax Increase Proposal Represents Statewide Trend (Fox & Hounds)

Marin Voice: It’s time officials face the facts about public pensions (Marin Independent Journal)

National Stories

Candidates differ on state pensions (ABQ Journal)

August 2, 2018

California Stories

CalPERS on the Hunt for Renewable Investments (Chief Investment Officer)

National Stories

Meet Four Gridlock-Busting Political Innovators (Forbes)

August 1, 2018

California Stories

California Treasurer’s CalSavers Promises Brighter Future for Millions in Need of Retirement Savings

Grand jury urges county cities to prepare for crushing pension costs (The Almanac)

Grand jury on pension crisis: Time for hard choices (Climate Online)

National Stories

Why Our Public Pensions Need Stress Tests (Governing)

Report: Public retirement costs to blame for high property taxes (Illinois News Network)




CAPS Amicus Letter Supporting the Retirement Promise

New Appellate Decision On Changing Retirement Benefits For CURRENT Employees


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Find Lets Talk Pensions on Facebook


California Pension Reform Coalition to Focus on 2018 Ballot (1/2016)

Title and Summary for Reed/DeMaio Retirement Measure

Questions Answers about the DeMaio/Reed Pension Ballot Measure 

Fact Check:  Public Employees are Already Giving at the Office for Their Pensions

Misunderstandings Regarding State dept, Pensions, and Retiree Health Costs Create Unnecessary Alarm

Public Employee Facts Figures #7