CalPERS Archives - Page 2 of 2 - The American Spectator | USA News and Politics
by | Nov 24, 2016

Sacramento California’s pension funds continue to face a fusillade of bad news, including new reports showing that retirement benefits consume 20 percent of Los Angeles’ general-fund budget. Put another way, one out of every five dollars the city spends goes…

by | Sep 22, 2016

Sacramento Last month, I wrote a dour column for the Spectator doubting that a significant new appeals court decision in a major pension case would ultimately change the financial trajectory of our state’s pension systems. Bottom line: A court finally…

by | Aug 25, 2016

Sacramento California’s hardy band of pension reformers show many of the symptoms of “battered spouse syndrome.” No matter how often they are beaten and ridiculed, they cling to hope. Maybe this time, the state will get its act together and…

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