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# Share Your Votes Blog/Website  Recent Posts                 
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Texas, three more states on California’s banned travel list: California is restricting publicly funded travel to four more states because of recent laws that leaders here view as discriminatory against gay and transgender people. All totaled, California now bans … Click to Continue »
CalPERS faces court fight over long-term care fees: A class-action lawsuit against CalPERS filed on behalf of more than 130,000 California government workers and retirees can move forward to trial, a Los Angeles judge has ruled. The lawsuit … Click to Continue »
Billions in no-bid contracts mismanaged, state auditor says: It didn’t take long for the cost of a technology contract in California’s unemployment office to increase twelvefold. Two changes to the contract – added without bidding – swelled the … Click to Continue »
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California’s boldest pension reform: five years in: If you don’t give city employees a pension, what happens? San Diegans voted five years ago this month to switch all new city hires, except police, from pensions to 401(k)-style individual investment plans, becoming one of the first big cities to take the plunge. Jacksonville, Fla., took a bigg...
Maverick CalPERS board member won’t run again: CalPERS board member J.J. Jelincic, known for being reprimanded by fellow board members and asking frequent and detailed questions about agenda items, was expected to seek a third four-year term but decided not to run. A collective sigh of relief from the board majority of the California Public...
Brown’s extra pension payment follows city lead: Cities stuck on the pension escalator have few ways to slow the rapidly climbing cost, among them: cut staff and services, lower pensions for new hires, get unionized employees to pay more for their pensions, or cut salaries and hope to remain competitive in the job market. What the Little Hoov...
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David Crane makes one last plea to legislators to stop Jerry Brown’s $6 billion loan to CalPERS: A letter sent today by David Crane: Dear Legislators, In my essay the other day I provided an alternative to Governor Brown’s pension loan — actually pay down pension debt. You could do that by offering to redeem future pension payments for cash today. Provided the amount you pay is no greater ...
Forget fiscal responsibility: Jerry Brown embraces pension shell game: By Steven Greenhut | The Jerry Brown administration last week released its revised May budget and, lo and behold, it has finally decided to (kind of, sort of) tackle the state’s massive and growing level of unfunded liabilities – i.e., the hundreds of billions of dollars in taxpayer-backed debt t...
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A Response to Yves Smith on CalPERS: Yes, The Twelve Days of CalPERS by Yves Smith at naked capitalism is very witty, but it plays into the hands of those who would like to see public pensions dismantled. I like some of the work Yves Smith has  have been reporting on CalPERS, which obviously needs not only watching but needs to be ...
CalPERS Candidate Forum: September 16, 2014: CalPERS Auditorium Looking Toward Board Seats Please attend the upcoming CalPERS Candidate Forum. Sorry, I haven’t been keeping this site up but have concentrated on Corporate Governance. However, another election cycle is coming up at CalPERS. State and local government employees will each ele...
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Retirement for Disability – Latest Developments in CalPERS’ Requirements: Retirement for disability can already be a cumbersome and confusing process. The California Public Employees’ Retirement System’s (CalPERS) new and additional mandates – as set forth in its March 30, 2017 Circular Letter – raises the ante. The Letter informs all contracting public agencies of the...
CalPERS School and Local Agency Members May Now Recover Service Credit and Compensation Earnable Upon Administrative, Arbitral or Judicial Reversals of Terminations: CalPERS contracting agencies and schools should be aware that effective January 1, 2017, if an employee’s termination is overturned on appeal, back pay is not the only thing the employee will be able to recover. On June 21, 2016, we reported that Assembly Member Cooper introduced a new bill, AB 2...
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CalPERS manages pension and health benefits for more than 1.6 million California public employees, retirees, and their families. The second largest public pension fund in the US, they are internationally known for their shareowner activism.

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