State GovernmentCalifornia Teacher Pension Changes May Need FixFebruary 3, 2016(AP) - California's nonpartisan legislative analyst is recommending that state lawmakers consider changing a plan they adopted two years ago to stabilize the finances of the state's teacher pension system.
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.
State GovernmentLAO: California Is $340 Billion In DebtMay 7, 2014 | Ben AdlerFrom retirement obligations to paying off bond measures, a new report says California is on the hook for $340 billion. The state has yet to set aside money for most of that. Listen /Update RequiredTo play audio, update browser or Flash plugin.