Tag "retiree health benefits"

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State finances: LAO’s own report on CalSTRS demolishes LAO’s happy talk

I’m still struggling to make sense of Legislative Analyst Mac Taylor’s bizarrely upbeat report last month on state finances that predicted budget surpluses for years to come — but barely mentioned the state’s huge unfunded liabilities for retiree pensions and

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Truth about CA demolishes hype about Jerry Brown 5

April 29, 2013 By Chris Reed California’s dual, incompatible narratives keep rolling along. On the one hand, we’re supposed to believe the passage of Proposition 30 and Gov. Jerry Brown’s able stewardship have lifted the Golden State out of the

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