State GovernmentThursday Roundup: Brown Signs Microbead Ban, Coal Divestment BillOctober 8, 2015California Governor Jerry Brown has signed bills that ban the use of micro-beads in personal care products and require the state’s public pension funds to sell off their holdings in coal. Listen /Update RequiredTo play audio, update browser or Flash plugin.
State GovernmentCoal Divestment Bill Heads To Governor's DeskSeptember 2, 2015 | Amy QuintonA bill that would require California public pension funds to divest from the coal industry will now head to Governor Jerry Brown’s desk. Listen /Update RequiredTo play audio, update browser or Flash plugin.
State GovernmentCalifornia Public Pensions May Be Forced To Divest Coal Company AssetsJune 25, 2015 | Katie OrrCalifornia’s public pension plans would not be allowed to make new investments in coal companies under a bill in the California Legislature. They would also be required to liquidate any current investments. Listen /Update RequiredTo play audio, update browser or Flash plugin.
State GovernmentCalifornia Likely To Increase Retirement ContributionsApril 14, 2015 | Katie OrrCalifornia taxpayers will likely be contributing more money to the state’s retirement system.
Audit Finds Pension Spiking Within State AgenciesSeptember 10, 2014 | Alan RayCalifornia's chief financial officer says thousands of public workers have sweetened their retirement checks with legal pension spiking that will cost the state nearly $800 million over two decades.
State GovernmentState Pension Committee Approves Retirement Compensation ProposalsAugust 19, 2014Temporarily promoted new hires would be factored into how the California Public Employees’ Retirement System calculates its pensions under a vote Tuesday of a CalPERS Committee. Listen /Update RequiredTo play audio, update browser or Flash plugin.
State GovernmentCalPERS Considers Proposal That Could Boost PensionsAugust 18, 2014 | Katie OrrSome California state employees could get unexpected increases to their pensions under proposed regulatory changes. Listen /Update RequiredTo play audio, update browser or Flash plugin.
California's Public Employee Retirement Systems Reporting Big Investment ReturnsJuly 14, 2014 | Max PringleCalifornia’s two largest public employee pension systems are reporting higher-than-expected profits from their investment portfolios. Listen /Update RequiredTo play audio, update browser or Flash plugin.
Judge Denies Attempt To Move Arena Eminent Domain CaseMarch 11, 2014(AP) -- Sacramento's eminent domain lawsuit against the owners of a former Macy's department store downtown will be tried in the city.
CalPERS Board Approves Increased Contribution, CalSTERS Concerns RemainFebruary 19, 2014The board of CalPERS voted to ask for more money, starting in the new fiscal year, and phasing up. There's also concern over the future solvency of CalSTERS, the pension fund for teachers, facing an unfunded liability of $71 billion.
