Search Results for "calpers"
Back to homepageLittle Hoover's pension hearing
Here’s a notice for a public pension hearing by the Little Hoover Commission: On Thursday, April 22, 2010, the Little Hoover Commission will conduct a public hearing on California public pension systems. The hearing will begin at 9 a.m. in
Read MorePension crater bigger than thought
APRIL 12, 2010 A new report from Stanford University’s well-respected economic policy institute has revealed that those of us who have been warning about California’s severely underfunded public employee retirement systems have, quite frankly, been wrong. We have been understating
Read MoreState Employees: Calling Out The Cheaters
As a reporter for Cal Watchdog rooting out waste, abuse and fraud, I receive calls frequently from government employees wanting to tell me about the employee cheating they witness first hand in their particular government agencies by city, county, state
Read MorePensions push state to insolvency
FEB. 23, 2010 By TROY ANDERSON As the $17 billion annual taxpayer tab for government employees’ pensions and retiree health care increases at a rate of “several billion dollars” a year, Orange County Supervisor John Moorlach says California is heading for an “economic
Read MoreFuture state retiree health benefits to top $51.8 billion
State Controller John Chiang released a report yesterday that calculates the dollar-amount value of the health and dental benefits now accrued by current state employees and retirees. His total? $51.8 billion, or the equivalent of 17 years in CalPERS shortfalls.
Read MoreTilting at pension reform
Jan. 22, 2010 By ANTHONY PIGNATARO What to do about public employee pensions is the thorniest, nastiest, most difficult question facing Sacramento lawmakers today. Few issues cause such disappointment and despair. Yet one group of activists and accountants is plugging
Read More