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.
California's Pension CrisisWhy The Dot-Com Bubble Is Key To Understanding California’s Growing Public Employee Pension DebtSeptember 19, 2016The mounting debt California faces in covering public employees' pensions can be traced back to the dot-com bubble in the late 1990s — when the state chose to make these benefits a lot more generous. That decision proved to have lasting implications. Listen /Update RequiredTo play audio, update browser or Flash plugin.