https://calwatchdog.com/2017/02/24/calpers-pressed-divest-energy-firms-banks/ Sat, 25 Feb 2023 19:55:38 +0000 hourly 1 https://calwatchdog.com/2017/02/24/calpers-pressed-divest-energy-firms-banks/#comment-150935 Sat, 25 Feb 2023 19:55:38 +0000 http://calwatchdog.com/?p=93066#comment-150935 Reading your article helped me a lot and I agree with you. But I still have some doubts, can you clarify for me? I’ll keep an eye out for your answers.

]]> https://calwatchdog.com/2017/02/24/calpers-pressed-divest-energy-firms-banks/#comment-130026 Sun, 26 Feb 2017 20:47:08 +0000 http://calwatchdog.com/?p=93066#comment-130026 In the Sacramento Bee, Dan Walter’s column talked about the amount of money that local governments and school districts are going to have to cough up to make up for rising pension costs and lower pension fund returns. http://www.sacbee.com/news/politics-government/politics-columns-blogs/dan-walters/article134832779.html
I wonder how enthusiastic pensioners would be about using the fund for political persuasion if the shortfall in earnings resulted in reduced pension payouts rather than increased use of taxes to make up for the shortfall.

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