Search Results for "calpers"
Back to homepageCooley as pension-reform poster boy
MAY 26, 2010 By ANTHONY PIGNATARO Recent news reports have mentioned our state public employee pension liabilities topping half a trillion dollars. This is an astronomical figure, but one that’s pretty hard for most people to understand. One easy way
Read MoreForget pension reform
MAY 17, 2010 “One cannot be both a progressive and be opposed to pension reform,” argued Gov. Arnold Schwarzenegger’s top pension advisor, David Crane, during a hearing Monday. “The math is irrefutable that the losers from excessive and unfunded pensions
Read MoreDour governor pitches deep cuts
MAY 14, 2010 By STEVEN GREENHUT At a press conference at 1 pm today, Gov. Arnold Schwarzenegger released a May budget revise that attempts to close a nearly $20 billion budget gap by slashing state welfare programs while maintaining current-year
Read MoreDavid Crane, rock star
Those of us interested in pension reform don’t have many rock star personalities in our midst, but Schwarzenegger adviser David Crane fits the bill after his fabulous testimony Monday on SB919, Dennis Hollingsworth’s pension-reform bill that was considered (and a
Read MoreDoomed pension reform
MAY 12, 2010 By STEVEN GREENHUT “One cannot be both a progressive and be opposed to pension reform,” argued Gov. Arnold Schwarzenegger’s top pension advisor, David Crane, during a pension-reform hearing on Monday. “The math is irrefutable that the losers
Read MoreA rude, deluded union crowd
I spent a couple hours in the PERS committee listening to testimony over Sen. Dennis Hollingsworth’s SB 919 pension-reform bill and was stunned by the rudeness of the mostly union crowd as bill supporters spoke out. They laughed and chatted
Read MoreCritics slam state property sale
APRIL 28, 2010 By KATY GRIMES Recently, Department of General Services (DGS) Director Ron Diedrich removed several of the oversight appointees from building authorities in San Francisco and Los Angeles for making waves about the 11 state properties for sale, replacing the critics
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Mish on Stanford pension study
Editor’s Note: Mike “Mish” Shedlock of the popular Global Economic Trend Analysis blog will contribute pieces to CalWatchdog. Here is his take on the Stanford pension liability study that puts the California ununded pension liability at nearly a half-trillion dollars.
Read MoreGovernor Supporting Pension Reform
APRIL 22, 2010 By KATY GRIMES Yesterday Governor Arnold Schwarzenegger and Senate Minority Leader Dennis Hollingsworth, R-Murietta, announced that they’re supporting pension reform for state employees. The governor stated that while it is a compromise from his earlier hard line approach, something must
Read MoreHollingsworth's sensible pension reform
Sen. Dennis Hollingsworth, R-Murrieta, is introducing tomorrow important pension reform legislation, SB919. I’ve given it a quick perusal and this looks like a solid, serious plan — the sort of thing the state must embrace if it hopes to tackle
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