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The Underrecognized, Undervalued, Underpaid, Unfunded Pension Liabilities

The Underrecognized, Undervalued, Underpaid, Unfunded Pension Liabilities

. by Edward Ring To paraphrase America’s 42nd president, when it comes to public sector pensions – their financial health and the policies that govern them – it’s the unfunded liability, stupid. The misunderstood, obfuscated, unaccountable, underrecognized, undervalued, underpaid, unfunded pension liabilities. According to CalPERS own data, California’s cities that are part of the CalPERS system will […]

Innovative Incarceration: Lower Costs, Safer Citizens

Innovative Incarceration: Lower Costs, Safer Citizens

. by Edward Ring . The average annual cost to house a prisoner in California is $71,000, and according to the California’s Legislative Analyst’s Office, the cost has risen 45% since just 2011. And as costs have soared, California’s policymakers have resorted to creative ways to release inmates from California’s overcrowded prisons. But what if that Californian […]