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# Share Your Votes Blog/Website  Recent Posts                 
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He was hit with a Taser and died. Now his family wants answers from the CHP: Kristina Compher worries that her three children are not the same people they were a year ago, before their father Christopher Murphy died after an auto accident and subsequent encounter … Click to Continue »
California’s lawmakers should have a surplus next year. Will they spend it or save it?: The state budget is in good shape to weather a moderate recession, and lawmakers should be able to sock away more money in reserves next year, according to projections the … Click to Continue »
State workers should lose jobs over nepotism findings, board says: Three state workers, including the daughter of a Sacramento-area assemblyman, could lose their jobs because a personnel audit found that they were hired under questionable circumstances at an agency riddled … Click to Continue »
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Could CalSTRS reserve pay down pension debt?: As CalSTRS rates are more than doubling, squeezing school budgets, an inflation-protection account that keeps teacher pensions from dropping below 85 percent of their original purchasing power has a large and growing excess of funding, $5.6 billion last year. Gov. Brown put a new focus on quick...
CalPERS faces another decision on employer rates: Another CalPERS employer pension rate increase might seem unlikely. Several of the four rate increases adopted during the last five years are still being phased in. But a serious funding shortfall from a huge investment loss a decade ago lingers on. In a regular four-year review, the CalPERS bo...
Top pension plan may change to 401(k)-style plan: The top-rated and tightly managed Dutch retirement systems, sometimes cited as an example of how struggling U.S. public pensions should be run, may go over to the other side — switch to a 401(k)-style plan advocated by pension critics. The Dutch government, after several years of discussion, is...
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Coping with the public employee pension albatross: Instead of the cross, the albatross About my neck was hung. – Samuel Taylor Coleridge, The Rime of the Ancient Mariner, 1798 By Ed Ring | In Coleridge’s famous poem, a sailor who killed an albatross has it hung around his neck as punishment. Since then, the albatross, which sailors used to consi...
There’s more to Sonoma County’s illegally granted pension increases: By Ken Churchill | There is a lot more to today’s column by Paul Gullixson in the Press Democrat: 1. The supervisors never adopted the pension increase as required by law. Instead, and this the county readily admits, the increase was illegally agreed to in the settlement of a lawsuit between the ...
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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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