Pension Reform
Back to homepageMarkets Won’t Fix Public Pensions
Steven Greenhut: When the governor’s pension adviser, David Crane, comments on a pension issue, it’s wise to listen to what he has to say. Crane has long been sounding the alarm about out-of-control public-sector pensions, and his testimony in the
Read MoreMore Abuses, Little Reform
Steven Greenhut: This is my column from today’s San Francisco Examiner. Nearly every day, the public learns of new tales of pension-abusing public employees. Yet reform efforts are still miles away despite new state and federal proposals that attempt to
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L'Aristocracy de CalPERS
Steven Greenhut: Someone sent me this hilarious video about California’s government royalty. It’s a little long but very, very funny:
Read MoreNunes, Issa Pitch Pension Openness
Steven Greenhut: I talked to Rep. Nunes’ office today regarding a serious pension reform proposal introduced today in the U.S. House of Representatives. Obviously, the feds can’t tell localities how they must fund their public pension plans, but they can
Read MoreWill Pensions Cause People To Flee?
Steven Greenhut: Here is a good analysis in the LA Business Journal from CalWatchdog contributor Wayne Lusvardi: A new trend may be soon emerging called “red flight” to describe the rapid mass out-migration of residents from cities and counties that
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Living Large At CalPERS
Steven Greenhut: Given CalPERS’ ongoing scandals and all the bad publicity regarding public employees who enjoy absurd pension plans, one would think that CalPERS officials would be sensitive to anything that gave the impression that these employees are living large
Read MorePensions Sinking Bay Counties
Steven Greenhut: A Milken Institute pension panel stacked with unions and liberal politicians last week argued mainly for the status quo, yet a new report suggests that four Bay Area counties could be inching toward bankruptcy unless they get their
Read MoreSan Fran Pension Forum Tonight
Steven Greenhut: Here’s a statement from the Prop. B folks in San Francisco: BAYVIEW FORUM ON ADACHI’S PROP B SET FOR TONIGHT -San Francisco Public Defender Joined by Local Supervisor Candidates to Discuss Measure – San Francisco (October 22, 2010)
Read MoreTruth About Union Think Tank
Steven Greenhut: A new “study” purporting to show that public employee are underpaid has been getting lots of media play. Check out my news story today. Here is a 2003 op-ed in the Orange County Register by a former Pacific
Read MoreNot Exactly Historic, But Not Bad
Steven Greenhut: This is from the governor’s office: Governor Schwarzenegger Signs Historic Pension Reform into Law Reforms to Save $100 Billion and Impose New Requirements on State Pension Fund Governor Arnold Schwarzenegger today signed SB 867 and SBX6 22 by
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