State GovernmentCalifornia Justices Question Attorneys In Key Pension CaseDecember 5, 2018(AP) — California Supreme Court justices peppered an attorney representing state workers in a lawsuit over a change to public employee pensions that could upend California's long-held rule that retirement benefits can't be taken away once promised.
State GovernmentCan CalPERS Divestment Make A Difference In Controversial Projects?November 2, 2017 | Ben BradfordOpponents of the Dakota Access Pipeline, a border wall, and guns used in the Las Vegas shooting sought what may seem an unlikely ally this year—California’s public pension system. Listen /Update RequiredTo play audio, update browser or Flash plugin.
State GovernmentNumber Of UC Retirees Collecting Six-Figure Pensions Has IncreasedSeptember 25, 2017 | Sally LongeneckerThe number of University of California retirees collecting six-figure pensions has increased 60 percent since 2012 - and those increasingly generous retirement packages are being paid for in part by students' tuition. Listen /Update RequiredTo play audio, update browser or Flash plugin.
California's Pension CrisisThe Cost Of California’s Public Pensions Is Breaking The Bank. Here’s One Reason This Problem Is So Hard To FixApril 11, 2017The fate of reform measures hangs on ballot language written by the state attorney general, usually a Democrat elected with strong union support.
California's Pension CrisisA Tale Of Two SectorsFebruary 9, 2017 | Ali BudnerThe general assumption for retirement security is a job in the public sector. The trade-off means lower pay, however. Meanwhile, the private sector has strayed from pension promises, but is a 401(k) worth it? Listen /Update RequiredTo play audio, update browser or Flash plugin.
Insight With Vicki GonzalezCalifornia Pension Crisis: RichmondFebruary 8, 2017How are cities across California responding to the ballooning cost of pensions in the state? CALmatters Reporter Judy Lin explores a case study in Richmond where priority police and library services are already being cut. Listen / download audio Update RequiredTo play audio, update browser or Flash plugin.
California's Pension CrisisEl Monte's Mayor Wants To End Bonus Pensions Costing Millions But His Hands Are TiedJanuary 26, 2017The mayor of El Monte, a cash-strapped San Gabriel Valley city with many retired employees drawing two pensions, says there’s "no rational justification" for the double pensions.
Insight With Vicki GonzalezReporter Tells Stories Of California Retirees Struggling With PensionNovember 29, 2016In our ongoing series on California’s Pension Crisis, we hear the stories of some retirees who argue the benefits aren’t excessive. Reporter Sam Harnett guides us through the tales of three California retirees. Listen /Update RequiredTo play audio, update browser or Flash plugin.
California's Pension CrisisAre Public Pension Benefits Excessive? State Workers Say 'No'November 28, 2016California faces a $240 billion unfunded pension liability. But retired state workers who receive pensions say they are tired of drawing public blame. Listen /Update RequiredTo play audio, update browser or Flash plugin.
California's Pension CrisisPaying For Public Retirees Has Never Cost L.A. Taxpayers More. And That's After Pension ReformNovember 28, 2016Retirement benefits now eat up 20% of city’s general fund revenue. Touted cost controls won't have real impact for decades.
