Insight With Vicki GonzalezCALmatters Explains How Governor Brown's Pension Reform Plan Failed To Move ForwardNovember 3, 2016Gov. Jerry Brown was confident his-12 point plan could reform California’s pension crisis. Five years later, the state’s unfunded liabilities continue to pile up with little change. CALmatter’s Judy Lin explains why the plan failed to progress. Listen / download audio Update RequiredTo play audio, update browser or Flash plugin.
California's Pension CrisisCalifornia Promised Public Employees Generous Retirements. Will The Courts Give Government A Way Out?October 20, 2016A case before the state Supreme Court could clear the way for reductions in public retiree benefits, which have become hugely expensive. But the outcome is “hard to predict.”
Insight With Vicki GonzalezCalifornia’s Pension Crisis: What Can We Learn From Illinois? October 13, 2016As California continues to navigate the shaky waters of funding billions in state pensions, Illinois could serve as an example of what to avoid. WBEZ’s Dan Weissmann and Cheryl Eason from CalPERS have different opinions on the comparison. Listen / download audio Update RequiredTo play audio, update browser or Flash plugin.
California's Pension CrisisWhen It Comes To Pensions, Illinois Is California's Ghost Of Christmas Yet To ComeOctober 10, 2016As California’s public-employee pension crisis grows—with taxpayers on the hook for hundreds of billions of dollars, and no clear plan for how to pay—other states are facing similar problems and have lessons to teach. Illinois is one of those states. Listen /Update RequiredTo play audio, update browser or Flash plugin.
Insight With Vicki GonzalezExploring The Pension Crisis In CaliforniaSeptember 19, 2016When California lawmakers cut a deal to increase public employee pensions, the state had a very different economic climate. We’ll talk with LA Times reporter Jack Dolan about the pension gap and what he’s learned about it. Listen / download audio Update RequiredTo play audio, update browser or Flash plugin.
State GovernmentCalifornia Pension Fund Posts Small Gain, Misses TargetJuly 18, 2016(AP) - The California Public Employees' Retirement System says its investment earnings were essentially flat in the last fiscal year, falling far short of the 7.5 percent target.
California Pension Fund Restarts Tobacco Divestment StudyMay 16, 2016(AP) — The nation's largest public pension system has decided to press ahead with a study of whether to reinvest in tobacco stocks after going back and forth on the issue last month.
California Pension Fund Won't Drop Tobacco Divestment TalksApril 18, 2016(AP) — The board overseeing the nation's largest public-employee pension fund will consider reinvesting in tobacco stocks it sold off more than a decade ago.
California Pension System Reconsiders Tobacco DivestmentApril 15, 2016(AP) - Anti-smoking groups are pressuring the nation's largest public pension system to drop plans to consider re-investing in tobacco stocks 15 years after selling them off.
State GovernmentLawmakers To Weigh California Private-Sector Retirement PlanMarch 28, 2016(AP) — California lawmakers and Gov. Jerry Brown will decide whether to go forward with a plan to automatically enroll private-sector workers in state-run retirement accounts.
