Pension Reform

CA media: GOP dysfunction bigger topic than mass poverty

Thursday, April 10th, 2014

The Los Angeles Times' news analysis about how recent controversies are likely to hurt California Republicans with two constituencies they are trying to woo -- Latinos and women -- isn't loaded or biased. It's likely true. Here's a bit of it: "On Monday, a GOP gubernatorial candidate's inflammatory...

No, San Jose not struggling to retain city workers — just police

Tuesday, April 8th, 2014
City Hall

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Coverage of L.A. ‘pothole tax’ never mentions why budget is bare

Friday, April 4th, 2014

The city of Los Angeles' finances are in terrible shape. The city's economy is sluggish and revenue is stagnant. Meanwhile, retirement benefits for retired city workers -- especially police and firefighters -- eat up ever more of the budget. “As of June 30, 2013, the City’s two pension funds,...

Pension follies: New Jersey adopts insane San Diego approach

Tuesday, April 1st, 2014
wimpy

California leads the way when it comes to government pension dysfunction. The first big city to be stricken by pension costs in the U.S. was San Diego, leading to the memorable 2004 New York Times' description of it as "Enron by the Sea." Since then, three cities in the Golden State have either e...

L.A. proposal: That’s a pension tax — not a pothole tax

Thursday, March 20th, 2014
dd-poster

This proposal -- allegedly from Los Angeles bureaucrats but almost certainly from new L.A. Mayor Eric Garcetti -- got the scorn it deserved on libertarian and conservative websites when it came out Wednesday afternoon: "L.A.'s elected officials should put a half-cent sales tax hike on the November...

Discovered: a new way unions manipulate CA status quo

Monday, March 17th, 2014

Californians who don't belong to a public employee union have every right to feel as if the state is rigged against them. Because districting is based on population, not number of citizens, Democrats do better in Sacramento from the get-go then one would expected based on voting on high-profile s...

Pension reform waits till 2016

Sunday, March 16th, 2014

The pension reform of San Jose mayor Chuck Reed, a Democrat, is going to have to wait till 2016: The proposed initiative would have allowed local governments to reduce benefits for current employees, which have strained the finances of California cities. Reed said the official description of the p...

Ruling on Chuck Reed’s pension initiative not end of the world

Friday, March 14th, 2014
maviglium

Editor's update, 2 p.m.: San Jose Mayor Chuck Reed is reportedly suspending the initiative push until 2016 because the court delays related to the ballot language challenge will make it difficult for signature gatherers to meet deadlines -- not because of the ballot language the court said he must u...

Another reminder of Jerry Brown’s, Mac Taylor’s irresponsibility

Friday, March 7th, 2014

This Los Angeles Times story should infuriate anyone familiar with Gov. Jerry Brown's claims that the state is on firm ground financially -- and absolutely appall anyone who knows that alleged watchdog Mac Taylor of the Legislative Anayst's Office gave Brown cover for his myths: "SACRAMENTO -- Whil...

CalPERS just called me

Thursday, March 6th, 2014

At 11:27 am, according to my cell, I got a call from CalPERS, the California Public Employees' Retirement System. At first I thought it was about some news story I had done. I've talked to them before. Then the woman started taking about a "survey." "This is a poll on CalPERS?" I asked. "Ye...