Confirmed: California’s Pension Shortfall is Among Nation's Worst
The public pension situation in California is uniquely dire.
2026 is shaping up to be a year of city council candidates with problematic pasts.You may recall…
On the Record: City Managers Fear Pension Tsunami
Lodi City Manager Steve Schwabauer and South Lake Taho City Manager Nancy Kerry are among those coming forward to publicly express their fears over California’s pension woes.
Riskier Investments Are Costing Pension Funds
A new report from the PEW Charitable Trusts shows the state’s largest pension funds incurred over $10 billion in fees in 2014 from these more complex and risky investment vehicles.
Court Upholds San Diego’s 2012 Pension Reform Measure
Another important court decision has been handed down in the uncertain world of public pensions.
CalPERS Could Slash Benefits for 200 SoCal Workers
The at-risk pensioners once worked for the East San Gabriel Valley Human Services or LA Works.
CalPERS Predicts 5.8% Return Under New Allocation, Far Short of 7% Goal
Not-so-great expectations.
In Richmond, Pension Woes Reach Boiling Point
A looming calamity in Richmond should serve as warning to other struggling municipalities.
Experts: Mounting Pension Costs Will Mean Big Cuts to Public Services—Again
Local governments across California are bracing for a more costly future thanks to mounting retirement obligations, and their residents are apt to experience cuts to local services on par with the 2008 recession as a result.
In a City Where Public Retirees are Raking in Millions, What’s a Mayor to Do?
El Monte’s Mayor is discovering how hard it is to cut retirement benefits.
‘California Rule’ Takes Another Hit in the Courts
2017 is going to be a nail-biter for pension watchers.