Transparent California Releases 2014 CalSTRS Pension Data

By California Policy Center
04/30/2015
FOR IMMEDIATE RELEASE Tustin, California, April 30, 2014 Contact: press@calpolicycenter.org Transparent California Releases 2014 CalSTRS Pension Data TUSTIN — Today, TransparentCalifornia.com released 2014 pension records for 256,305 CalSTRS pensioners, received through a series of public records request. Transparent California is California’s largest and most comprehensive database of public sector compensation and is a project of two...

Unrecognized Legacy of Prop 39: $137 Billion in Payments Due for Money Already Borrowed and Spent

By Kevin Dayton
04/29/2015
How much debt has accumulated as the State of California and its local K-12 school and community college districts relentlessly borrow money for school construction by selling bonds to investors? No one seems to know. In April 2013, the California Policy Center published a report entitled Calculating California’s Total State and Local Government Debt, which attempted to...

TAGS: California Education Bond Measures, California School Bond Measures, Proposition 39 (2000)

Minimum Wage – It’s All About Perception!

By Dave Bego
04/29/2015
Recently, the “Fight for Fifteen” demonstrations at McDonald’s and Wal-Mart stores across the country have sparked empathy in the news coverage by the main stream media. The liberal coverage of these outlets portrays employees as being taken advantage of and in need of increased wages and benefits. As with most things in life, it is...

TAGS: Fight for Fifteen, Minimum Wage

Unions in the News – Weekly Highlights

By Editor
04/28/2015
Labor unions take forced fees from 550,000 nonmembers By Jason Hart, April 27, 2015, Watchdog.org You make it, we’ll take it. To keep their jobs, 554,799 American workers were forced last year to pay union agency fees. In the 25 states without right-to-work laws, unions can take mandatory “fair share” or “agency” fees from workers...

Pension Reformers are not "The Enemy" of Public Safety

By Edward Ring
04/28/2015
“You will find that powerful financial and investment institutions are the ones promoting the attacks on your pensions. Firms like Berkshire-Hathaway and the Koch brothers are backing political candidates and causes all over the country in the hopes of making this issue relevant and in the mainstream media. Why? Because if they can crack your...

TAGS: defined benefit pension, government unions, pension reform, public sector union reform, unfunded liability

Class-Size Myth Tested Yet Again

By Larry Sand
04/28/2015
Other than school choice, no issue riles the teachers unions more than class-size. A couple of weeks ago, Edunomics Lab, a university-based research center that focuses on “exploring and modeling complex education finance decisions,” released a report in which it claims to have figured out a way to pay some teachers more without taking money...

TAGS: class-size, Eric Hanushek, Larry Sand, National Education Association, teachers union

The Devastating Impact of Retroactive Pension Increases in California

By Ken Churchill
04/27/2015
On January 27th, 2015 Kern County declared a fiscal emergency citing lower tax revenues from oil producers and growing unfunded pension liabilities as the cause. A review of their pension costs and growth of their unfunded liabilities over the past decade indicates the word “growing” is an understatement. A more accurate term would be “soaring”....

Union Controlled Anaheim School Board Forces Parent Activists to Fight in Court

By Private: Gloria Romero
04/24/2015
Over 40 years ago, California’s Supreme Court recognized that a child’s access to an adequate education – regardless of race, ethnicity or wealth – is a fundamental right of the highest order. In Serrano v. Priest the Court affirmed “education is a major determinant of an individual’s chances for economic and social success in our...

TAGS: education reform, Palm Lane Elementary School, Parent trigger laws

To Save Defined Benefit, Unions Need to Accept Investment Realities

By Matthew Vadum
04/23/2015
Editor’s Note: The president of the California Professional Firefighters union, Lou Paulson, has criticized Mayor Chuck Reed’s pension reform, stating “His idea of pension reform is, you sign up for one pension system, we’re going to change it now in mid career, and now you’re going to get something different.” But Paulson, and anyone who thinks...

TAGS: defined benefit

Unaffordable California – It Doesn't Have To Be This Way

By Richard Rider
04/23/2015
April 2015 Update:  Here’s a documented comparison of California taxes and economic climate with the rest of the states. The news is bad, and getting worse. But it doesn’t have to be this way! The state and local government policies that created an unaffordable California can be reversed. PERSONAL INCOME TAX:  Prior to Prop 30 passing...