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# Share Your Votes Blog/Website  Recent Posts                 
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California pensioners: Your COLAs are safe, for now: The state’s largest pension fund on Tuesday shot down a pitch from a Republican lawmaker who wants it to study how much money it could save by cutting benefits for … Click to Continue »
Caltrans could have prevented feud-driven murder-suicide, widow says: Annette Brooks never got along with the Caltrans senior worker who killed her a dozen years after he joined her crew. She and Terry Hayse repeatedly feuded. They filed formal … Click to Continue »
In CalPERS race, unions dig up candidate’s Wall Street past: A candidate for the CalPERS Board of Administration once argued against a financial regulation that targeted pay-to-play investment schemes like the one that became the biggest scandal in the state … Click to Continue »
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Cities urge CalPERS to help ease staff, pay cuts: The city manager of once-bankrupt Vallejo expects soaring police pension costs to reach 98 percent of pay in a decade. Lodi employees dropped from 490 to 390 in the last decade. And Oroville, after cutting a third of its staff, recently cut police pay 10 percent. Eight cities struggling with r...
Fewer charter schools choosing CalSTRS pensions: The percentage of new charter schools choosing CalSTRS pensions began a sharp drop in 2014, the year long-delayed legislation began to more than double CalSTRS employer rates by 2020. Whether the trend toward 401(k) plans or Social Security threatens the actuarial soundness of CalSTRS is schedule...
Sacramento fire districts: big pension, no pension: A worried Herald Fire Protection District board discussed the possibility last week that the fee for leaving CalPERS may be around $400,000, an amount some members fear could push the small district in southern Sacramento County into bankruptcy. Earlier this month, Transparent California report...
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California pension reform – the San Jose model: By Ed Ring | Pension reform in San Jose began in June 2012 when voters, by a margin of 69% to 31%, approved Measure B. Despite overwhelming support from voters, however, this vote triggered a cascade of union funded lawsuits which by 2015 had overturned several of the key provisions of the reform...
The impact of transparency: By Robert Fellner | More great examples this week of the importance of transparency in government, all made possible as a result of California’s Public Records Act. The Press-Enterprise continued their outstanding investigative reporting by following up on our finding that a Riverside utilities d...
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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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