Monthly Archives: December 2011

UC regent Crane ousted for telling hard truths about pensions

Posted on December 29, 2011 by admin

Editorial | San Francisco Chronicle — David Crane is not the most popular man in Sacramento. In fact, his determination to tell legislators what they don’t want to hear – yet need to hear – is about to cost him … Continue reading →

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The costly impact of the ‘air time’ public pension perk

Posted on December 28, 2011 by admin

Fox Business Network’s Gerri Willis on the impact of the ‘air time’ public pension perk on state governments and taxpayers: Watch the latest video at video.foxbusiness.com

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New PPIC poll: 83% of Californians say the amount government is spending on public employee pensions is a problem

Posted on December 13, 2011 by admin

By Jon Ortiz | Sacramento Bee — Californians, both those in government and those outside of it, support changing public employee pensions, according to a new Public Policy Institute of California survey. A little more than 8 in 10 of … Continue reading →

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Stanford group to release new estimates today of unfunded liabilities for CalPERS, CalSTRS and the University of California

Posted on December 13, 2011 by admin

The Stanford Institute for Economic Policy Research (SIEPR) this week will release a series of reports documenting the Golden State’s worsening public pension problems.  The reports are authored by Stanford Professor Joe Nation with the assistance of California Common Sense … Continue reading →

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Public pension reform will make 2012 the most intense year in California politics since Prop 13

Posted on December 12, 2011 by admin

By John Dickerson | Ukiah Daily Journal — Statewide public pension reform will make next year the most intense in California politics since Prop 13. We will watch a three-player statewide chess game. Jerry Brown recently introduced a 12 point … Continue reading →

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‘We’ve got to fix the pension system’ says Gov. Brown

Posted on December 2, 2011 by admin

By Melinda Meza | KXTV – Gov. Jerry Brown unveiled his 12-point pension plan to lawmakers Thursday. Brown aims to reform state employee’s pension plan and save $900 million a year. “A lot of the items I’ll propose in January … Continue reading →

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California Pension Reform testifies on Brown pension plan

Posted on December 1, 2011 by admin

Governor’s Proposal Would Solve Less Than 5% of the State’s Pension Debt Duf Sundheim of California Pension Reform today offered the following prepared testimony at the Conference Committee on Public Employee Pensions in Sacramento: “Thank you for the opportunity to … Continue reading →

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Governor faces hurdles on his pension reform proposal

Posted on December 1, 2011 by admin

By Sharokina Shams | KCRA — When lawmakers hear Gov. Jerry Brown’s pension reform plan Thursday, it will be the first time the plan is formally discussed, yet it already has numerous critics. Many public workers say it asks too … Continue reading →

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