May 26, 2017

California Stories

CalPERS: Is It Melting Down? (City Watch)

Bay Area cities consider budget cuts to pay increased pension costs (East Bay Times)

Pension Problem Looms For Sacramento (Capital Public Radio)

Borenstein: Should felons keep their public pensions? (East Bay Times)

Convicted former cop keeps hefty pension, and council members say that’s not right (Fresno Bee)

Officials grapple with rising pension costs, debt (Simi Valley Acorn)

“The Wolf is Here,” Santa Monica City Manager Warns as Budget Woes Mount (Santa Monica Lookout)

National Stories

Lawmakers are ill-advised to close off teacher pensions — it will be costly (Michigan Live)

Nevada lawmakers on path to limit some PERS data from public scrutiny (Reno Gazzete Journal)

I-Team: Convicted Public Employees May Still Get To Keep Pensions (CBS Boston)

May 25, 2017

California Stories

This borrowing scheme doesn’t sound like Gov. Jerry Brown (San Diego Union Tribune)

Lawmakers may wait on Gov. Brown’s ambitious pension plan – one he wants now (CalMatters)

San Diego DROP pensioners return for more city pay (San Diego Union Tribune)

Lack of Transparency in Public Contract Negotiations Would Lead to Higher Taxpayer Costs (Fox & Hounds)

National Stories

Debate over Mich. public school employees’ pensions continues (Holland Sentinel)

Kate Brown Wants to Cut Pension Costs. Her Agency Director Asked for a Double-Dipping Loophole. (Williamette Week)

Mandatory penalty for embezzlers — maybe (The Times-Herald)

May 23, 2017

California Stories

California Teachers Struggle As School Administrators Get Generous Pensions (CBS Bay Area)

Pension Problem Looms For Sacramento (Capital Public Radio)

Lack of Transparency in Public Contract Negotiations Would Lead to Higher Taxpayer Costs (Fox & Hounds)

Teachers want raises, but Trump cuts and little new money are coming (Modesto Bee)

National Stories

Pension debt yielding a grim outlook for local governments across the country (The Hill)

Other U.S. states improve fiscal outlook by changing pensions to 401(k)-type plans (Illinois News Network)

May 22, 2017

California Stories

Brown admin’s untried proposal could save billions on pensions (Capital Public Radio)

Dan Walters: Borrowing scheme for CalPERS deserves more scrutiny (Sacramento Bee)

CalPERS may cut Trinity water district pensions (Calpensions)

Government pensions leave retirees, taxpayers in a bind (Fairfield Daily Republic)

Pro-union bill would hurt cities and counties (OC Register)

National Stories

NJ governor hopefuls grapple with public pension system (AP)

New Jersey Governor Hopefuls Grapple with Public Pension System (NBC Philadelphia)

Gov. Snyder’s budget talks canceled due to disagreement over school employee pensions (AP)

Why closing Michigan pension system didn’t stop debt (Detroit News)

Chicago Teachers Pension fund paid out $1.5 billion in ’16, earned $7.8 million (Chicago City Wire)

RESEARCH & COMMENTARY: SOLUTION FOR ILLINOIS PENSION CRISIS IS CLOSER THAN YOU THINK (Heartland Institute)–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)

California leaders vow to continue state-run retirement plan (AP)

California officials pledge to continue moving forward on Secure Choice program (Pensions & Investments)

Underspending proves costly for California (San Diego Union Tribune)

San Diego Explained: The Pension Problem Plaguing San Diego (Voice of San Diego)

San Diego Union Appeals Ruling Upholding Pension Changes (Chief Investment Officer)

National Stories

Kentucky’s public pension debt just got billions bigger (Lexington Herald Leader)

We’re long past ‘how did we get here’ on pensions – now it’s time for real fixes: Barry Shutt (Penn Live)

May 18, 2017

California Stories

Sonoma County supervisors create permanent citizens panel on pension reform (Santa Rosa Press Democrat)

Revolt of the California ‘Freeloaders’ (American Spectator)

Investor Group, Pension Funds Oppose Financial Choice Act (WSJ)



May 17, 2017

California Stories

John Moorlach: Here’s why Brown’s plan to prepay CalPERS is smart (Redding Record Searchlight)

Ex-Mercy Health CIO to lead Orange County pensions (Institutional Investor)

Grand jury focuses on pension and audit issues (Redding Record Searchlight)

National Stories


Illinois House committee approves sweeping pension bills (State Journal Register)

How Puerto Rico Is Grappling With a Debt Crisis (New York Times)

Mich. GOP leaders still focused on pensions after revenues revised (AP)


May 16, 2017

California Stories

Gov. Brown’s Proposed $6 billion Pension Payment is a Bad Investment (Fox & Hounds)

Editorial: Playing catch-up on public pension funding (LA Daily News)

CalPERS officials say combining private, global equity benchmarks would help staff (Pensions & Investments)

National Stories

States to persist with secure choice (Pensions & Investments)

How Technology Can Solve America’s Twin Pension Crises (The Fiscal Times)

The Pension Storm Cometh (The American Interest)

Missouri Legislature passes public worker pension changes (AP)

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

Judge Upholds Tax to Fund Jacksonville, Florida Pension (Chief Investment Officer)

Op-ed: Time for Pa. to stop paying fat pensions to criminals (Philadelphia Inquirer)

May 12, 2017

California Stories

Brown: extra $6 billion to cut state pension debt (Calpensions)

OPINION We can stop California’s next looming fiscal crisis if we act now (OC Register)

California governor’s latest budget proposal doubles pension contribution to CalPERS (Pensions & Investments)

National Stories

Christie administration shows how it plans to slash public pension debt (

Christie administration details plan to use lottery to shore up pensions (

Hedge Funds Vie With Puerto Rico Workers Over Getting Paid First (Bloomberg)

May 11, 2017

California Stories

Pensions, state and federal policies, throw county budget a curveball (San Diego Union Tribune)

The GOP is trying to kill California’s new private-sector retirement plan. State officials vow to push ahead (LA Times)

Pension Tension, Part 2: Don’t California My Texas (Nasdaq)

CalPERS, CalSTRS outline diversity efforts at forum (Pensions & Investments)

National Stories

Column: U.S. states want to give a gentle push on retirement saving (Reuters)

May 10, 2017

National Stories

How much does Wall Street make from Nashville’s pension fund? Nobody knows. (The Tennessean)

Labor Voices: GOP plan destroys pensions (The Detroit News)

SC pension solutions: Pay state workers more? Raise the cigarette tax? (The State)

Editorial: Their not-so-golden years (Albany Times-Union)

May 9, 2017

California Stories

Op-ed: Cost pressures facing school districts are very real (Sacramento Bee)

CalSTRS rates are doubling, but is that enough? (Calpensions)

OPINION Put an end to playing politics with pension funds (OC Register)

The Grass Gets Greener: New data tells old story of public-employee greed (R Street)

Pensions Are a Problem in the Heart of Silicon Valley (The American Interest)

Ventura adjusts CalPERS payments (Ventura County Star)

In crackdown on leaks, CalPERS board disciplines one of its own (Sacramento Bee)

National Stories

Christie vetoes bill to give police and firefighters control over pension (Burington County Times)

May 8, 2017

California Stories

Seeing a threat to Paris accord, CalPERS urges countries to commit to climate pact (Sacramento Bee)

Increasing Number of Experts Project “Meltdown” of California’s Public Pension System (Fox & Hounds)

University Of California ‘Recalled Retirees’ Receiving $300,000+ In Annual Pensions (CBS Bay Area)

CalPERS board member disciplined for violating confidentiality rules (Pensions & Investments)

National Stories

GOP Axes Blue State Retirement Plans (The American Interest)

State and Local Government Pensions at the Crossroads (The CPA Journal)

May 5, 2017

California Stories

New taxes should include pension solution (Petaluma Argus Courier)

Letters: H.B. City Hall, not CalPERS, decided how much to guarantee in employee pensions (Daily Pilot)

National Stories

N.C. public employee pension, health benefits phase-out debated (AP)

Contractor still trying to collect NJ pension years after Christie blasted the ‘insanity’ (New Jersey 101.5)

May 4, 2017

California Stories

Editorial: Rogue state agency loses effort to undermine pension reform (East Bay Times)

David Kersten: California Legislature’s “Business as Usual” Approach Continues to Pile on the Public Debt (Fox & Hounds)

California public pension shortfall one of nation’s largest (Fresno Bee)

The Grass Gets Greener: New Data Tells Old Story of Public-Employee Greed (American Spectator)

May 3, 2017

California Stories

Dan Walters: California public pension shortfall one of nation’s largest (Sacramento Bee)

One thing New York does far better than California? Pensions (San Diego Union Tribune)

It’s time to worry about our pensions (Los Altos Town Crier)

Employees demonstrate at county Sanitation Districts headquarters as tensions rise over salary talks (LA Daily News)

National Stories

Column: Preparing for the ‘pension tsunami’ (The Salem News)

May 1, 2017

California Stories

Opinion: California Teachers Retirement System Pushes Back on Pension Criticism (Times of San Diego)

Sonoma County’s double-dippers cost taxpayers but provide services, savings (Santa Rosa Press Democrat)

New York pension systems outperform California (Calpensions)

CalSTRS considering new engagement push (Pensions & Investments)

National Stories

Pension fights in Dallas, Houston raise fears of police, firefighter shortages (Texas Tribune)

The moving target of pension fund opponents (San Antonio Express-News)

Michigan AG: Convicted ex-Detroit principals won’t get full pensions (Detroit Free Press)

Jacksonville employees won’t get pensions, but some elected leaders will (Florida Times-Union)

Fairfax County debates employee pension reform (Fairfax County Times)

April 27, 2017

California Stories

What should LAUSD do about its ballooning benefits costs? (KPCC)

Walnut Creek moves to set aside money for escalating pension costs (East Bay Times)

Antioch will face bankruptcy if half-cent sales tax expires, finance official says (East Bay Times)

Palo Alto’s proposed budget tuned to tackle some lingering issues (San Jose Mercury News)

City managers worried about soaring public pensions (Woodland Daily Democrat)

April 26, 2017

California Stories

Chuck Reed: Think Public Pensions Can’t Be Cut? Think Again. (Governing)

Unions kill bill to cut cost-of-living increases for CalPERS pensions (Sacramento Bee)

Split roll property tax proposal is really a pension tax (Fox & Hounds)

Money short for raises, pensions? Teachers say school districts are crying wolf (Sacramento Bee)

April 25, 2017

California Stories

Union will appeal San Diego pension cuts ruling to the Supreme Court (San Diego Union Tribune)

The billion-dollar budget item Garcetti didn’t mention in his State of the City speech (LA Times)

Herhold: The worst local decisions of the last 50 years (San Jose Mercury News)

Marin Voice: Voters need to insist on public pension reform (Marin Independent Journal)

Sunnyvale public employees group planning strike vote on April 25 (San Jose Mercury News)

National Stories

Public Pensions: 5 things to know about teacher pension system (Dayton Daily News)–regional-govt–politics/public-pensions-things-know-about-teacher-pension-system/NqmnpObSwgAxTscH4dz2OP/

April 22, 2017

California Stories

Borenstein: City managers concerned pensions will cause more bankruptcies (East Bay Times)

Underfunded CalPERS, CalSTRS dislike divestment (Calpensions)

Joel Fox: Split roll property tax proposal is really a pension tax (Sacramento Bee)

CalPERS, CalSTRS to vote against some Wells Fargo directors (SF Chronicle)

Wells Fargo Directors Face Uncertain Prospects (Fox Business)

National Stories

Mississippi pension funding too low: Report (AP)

State investment board staff to reap record bonus total (Wisconsin State Journal)

EDITORIAL State actions are overdue (Eugene Register-Guard)

Oust N.J. incumbents who block sick-pay reform | Feedback (

April 21, 2017

California Stories

Could San Bernardino face bankruptcy again? City manager says he doesn’t see it happening (San Bernardino Sun)

California State Agency Effort to Nullify Pension Vote Is Eerily Totalitarian (Reason)

National Stories

State public pension funding gap hits $1.1 trillion in 2015 -Pew (Reuters)

Why Small-Business Owners Should Offer Pension Plans (Ft. Levenworth Lamp)

April 20, 2017

California Stories

Proposed state pension reform is hot topic at H.B. council meeting (Daily Pilot)

Rewarding Public Employees With New Tax Hikes on the Private Sector (The American Spectator)

State court punches union-backed ‘judge’ in the head (R Street)

April 19, 2017

California Stories

Editorial: Politics shouldn’t drive pension investments (Santa Rosa Press Democrat)

Retirees of defunct San Gabriel Valley job agency to CalPERS: ‘Don’t throw away our futures’ (San Gabriel Valley Tribune)

L.A. retirees lose last-ditch appeal for pensions at CalPERS (Sacramento Bee)

California high court sets stage for major pension ruling (R Street)

Can Public Workers Get Pension Benefits Without Actually Working? California Supreme Court Will Decide (Reason)

National Stories

Business leaders advocate for ending public pension, retiree health care benefits (Crain’s Detroit Business)