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California Government Pension Systems “Endangered”

California Government Pension Systems “Endangered”

By Stephen Frank Originally published in Watchdog.com, view 2/5/15 The Washington Examiner published a story showing that 150 unions had “endangered” pension systems. “Another 85 funds are listed as being “endangered,” meaning they lack the assets to meet at least 80 percent of their future obligations.” http://www.washingtonexaminer.com/feds-place-150-union-pension-funds-in-critical-status/article/2559606 Based on the Federal criteria both CalPERS and […]

State pensions improve, but members living longer

State pensions improve, but members living longer

Is it morning in California for the California Public Employees’ Retirement System and the California State Teachers’ Retirement System? .

California Comeback or Continuing Crisis?

California Comeback or Continuing Crisis?

As the California Legislature reconvenes this week for the new session, clinic Californians will hear two decidedly different messages from both politicians and political pundits about the “state of the state.” Governor Brown will surely tout the “California comeback” and argue that the state is in much better fiscal health than just a couple of […]

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