Tag "SB 400"

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Cap-and-trade funds targeted for high-speed rail project

Bills being introduced that monitor or change terms for the state’s high-speed rail project are a rarity. However, there are two bills brewing in the Legislature. One has a shot at passing. The other doesn’t. Senate Bill 400 would require

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Feeble CalPERS reform shows Brown who runs Sacramento 75

Taken at face value, the pension reforms touted by Gov. Jerry Brown in 2011 and 2012 were genuinely far-reaching for a California Democrat, even one as allegedly independent as Brown. But from the 2014 perspective, two of the key provisions

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Businesses concerned about domestic violence ‘job killer’ bill 1

June 19, 2013 By Dave Roberts SB 400, by Sen. Hannah-Beth Jackson, D-Santa Barbara, is designed to help the victims of domestic violence. But it’s really a “jobs killer,” according to the California Chamber of Commerce, because it “increases the burden on

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CA Dem lawmakers figuring out something rotten in CalPERS 8

March 19, 2013 By Chris Reed On Monday, the day that finally saw criminal charges filed over CalPERS’ brazen pay-to-play bribery scheme, there were signs that some Democratic state lawmakers finally are figuring out that believing California’s pension status quo

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Being CalPERS means never having to say you’re sorry 9

Jan. 20, 2013 By Chris Reed So CalPERS is found to allow ridiculous, outrageous double-dipping by salaried employees that boosts their pay (and probably their pensions), and faces sharp criticism. So when the giant pension fund responds, does it do

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You and what army are going to make me pay? 21

Dec. 24, 2012 By Chris Reed The city of San Bernardino’s defiance of CalPERS’ demands for payment will be remembered as the first in a very long line of defiant acts from local governments in California as budgets that don’t

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CalPERS’ new shtick: Ripping CalPERS = ripping retirees. Groan. 70

Dec. 17, 2012 By Chris Reed The California Public Employees’ Retirement System is a piece of work. For years, it has downplayed the pension crisis, ignored its central role in the crisis by encouraging a 50 percent retroactive giveaway to

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Public employee pensions: Some contracts are more sacred than others 32

Third in a series on public pensions. The first is here and the second here. Oct. 5, 2012 By Mark Cabaniss On Wednesday, the city of Atwater declared a fiscal emergency, putting it on the path to become the fourth California city

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Yes, we can break public-employee pensions 102

First on a series on public pensions. Sept. 20, 2012 By Mark Cabaniss The politicians in charge of “doing something” about the ongoing California pension debacle like to play a little game. It goes like this:  They decry the high

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Gov. Brown’s pension non-reform 12

Aug. 30, 2012 By John Seiler As the smoke and the rhetoric have settled, you know pension reform is weak when: a) It’s criticized by an analysis in the Los Angeles Times. c) Ridiculed by the paper’s liberal columnist George

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