Jerry Brown’s Last Stand On Pension ReformDecember 8, 2018The California Supreme Court is weighing a key legal precedent that could restore the generous pension formulas Brown worked so hard to tighten.
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 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.
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.
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.
17 California Lawmakers Collect Pension Checks And SalariesApril 11, 2016(AP) - A newspaper search of pension system records has found that 17 California lawmakers collect government pension checks on top of their monthly salaries.
State GovernmentNation's Largest Pension Fund CalPERS Lowers Return ExpectationsNovember 18, 2015California's largest public pension fund has voted to lower its investments in risky funds as a cushion against economic downturns. Gov. Jerry Brown is calling the move "irresponsible."
State GovernmentTentative State Union Contract Includes Pension ConcessionsSeptember 1, 2015 | Amy QuintonOne of the highest paid California state employees’ unions has tentatively agreed to contribute a portion of members' salaries to retiree health benefits. Listen /Update RequiredTo play audio, update browser or Flash plugin.
