Calpensions

Skimming ‘excess’ pension investment earnings August 19, 2013 - (36)
An issue in the San Jose pension reform trial, a “13th check” bonus for retirees when investment earnings exceed the annual forecast, reflects a widespread attitude that added to public pension debt. In its starkest outline: When pension fund earnings are above the target, it’s a surplus or windfall that can be distributed to employees […]
Public pensions become issue in labor strikes August 12, 2013 - (52)
Can San Jose cut pensions of current workers? August 5, 2013 - (72)
CalPERS still in choppy seas after ‘perfect storm’ July 29, 2013 - (66)
Will Detroit’s bankruptcy lead to Stockton deal? July 22, 2013 - (7)

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