Pensions

Publications

, OC Weekly
CALPERS CEO and Sen. John Moorlach to talk socially conscious pension investing
Media Coverage

From OC Weekly:
Last summer, when speaking about the Public Divestiture of Thermal Coal Companies Act authored by his Senate colleague Kevin de Leon (D-Los Angeles), who is now seeking to unseat…

, California Policy Center
Brown right to give cities dose of reality, but wrong to punt on pension issue
Steven Greenhut

It’s rare that a politician will say something that is praiseworthy and anger-inducing in the same breath. Nevertheless, Gov. Jerry Brown accomplished that unusual feat when he released his May…

, California Policy Center
Pension bills are common sense – yet have little chance of passage in Capitol
Steven Greenhut

The California Public Employees’ Retirement System’s report released last week touts all of the pension fund’s good news, which it says “has built a solid path forward for the long-term…

California should copy New Jersey’s union fund takeover, but with one caveat
Steven Greenhut

New Jersey’s police and fire unions have demanded that the state give them control over their own pension destiny, and have convinced the Legislature to transfer management of their pension fund to…

CalPERS pounds the table in response to reports showing a looming state pension crisis
Steven Greenhut

There’s an old saying about attorneys. “If the facts are on your side, pound the facts into the table. If the law is on your side, pound the law into the table. If neither the facts nor the law…

, California Policy Center
On the chopping block: Gov. Brown joins the chorus of those predicting coming pension cuts
Steven Greenhut

Lo and behold, it’s not just pension reformers and critics of the state’s massive pension funds who are worried about the sustainability of California’s pension systems. At a press conference…

, Orange County Register
Tiny Calimesa’s firefighter changes should be model for state
Steven Greenhut

California’s cities are running out of cash, as pension expenses gobble up growing portions of their budgets. They’ve cut services, raised taxes and come to Sacramento to implore the pension…

In New Year, court could usher in dramatic reform on California’s pension front
Steven Greenhut

When it comes to California’s underfunded pension system and to its root cause – the excess power of public-employee unions – we’ve gotten used to the same old story every year. The pension…

, California Policy Center
City services slashed to fund pensions, and now your taxes are going up, too!
Steven Greenhut

In the coming months and years, California voters can expect to see a variety of tax increases pop up on their local election ballots. They will be called “public safety” taxes to hire more…

, California Policy Center
CalPERS’ social investing comes at steep cost paid for by California taxpayers
Steven Greenhut

The California Public Employees’ Retirement System, the nation’s largest state pension fund, claims that making investments based on myriad social priorities is good for business, even though…