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

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 (CACS) researcher and Stanford junior Evan Storms.

Today SIEPR will release a statewide study covering the California Public Employees’ Retirement System (CalPERS), California State Teachers’ Retirement System (CalSTRS), and the University of California Retirement Plan (UCRP).  A press conference call will be held this morning to discuss the statewide findings and information will be listed on the SIEPR website at siepr.stanford.edu.

Additionally, SIEPR and CACS are releasing a report on the financial well-being of 63 local public pension systems Wednesday, and on San Jose’s two public pension systems Thursday.

CACS will release a suite of interactive data visualizations that illustrate the findings of these reports under a range of assumptions on their website, www.cacs.org.

This entry was posted in News. Bookmark the permalink.

Comments are closed.