ARCHIVE - 2011 - California Policy Center


Which Special Interests Are Partisan?

December 15, 2011 An analysis we published earlier this year, “Is Union Reform Partisan,” documented the fact that about 95% of political contributions by unions go to the Democratic party. But is corporate political spending is less partisan than union political spending? Equally important, to what extent does corporate political spending outweigh political spending by […]

California’s Public Safety Compensation Trends, 2000-2010

Today’s Wall Street Journal published an article by Phil Izzo entitled “Bleak News for Americans’ Income,” where, citing U.S. Census Data, it was reported that U.S. median household income – adjusted for inflation – fell by 7% over the past ten years. In constant 2010 dollars, the average household in the U.S. saw their income […]

The Impact of Tax Exempt Disability Pensions

September 2, 2011 It is surprisingly difficult to gather data on just how many public safety employees claim disability in their retirements, but this should not prevent us from estimating what the benefits bestowed on disability claimants cost taxpayers. A common program to compensate public safety workers for job-related disabilities is to grant them a […]

What Payroll Contribution Will Keep Pensions Solvent?

July 25, 2011 In a previous post “Pension Contributions Aren’t Enough,” the point is made that for every percentage point that an investment fund lowers their projected rate of return, the required annual pension fund contribution as a percent of salary goes up by over 10%. The assumptions underlying that analysis were 30 years working, […]

Quantifying the Impact of Pension Spiking

July 25, 2011 While much has been made of the impact of pension “spiking,” it is helpful to quantify just exactly how much pension spiking will cost taxpayers, and how ill-prepared an otherwise adequately funded pension account is for this practice. In the two sets of examples below, the same assumptions and the same analytical […]

How Rates of Return Affect Required Pension Contributions

April 27, 2011 In the post “How Rates of Return Affect Required Pension Assets,” the point is made that depending on the rate of return achievable by the pension fund, there are significant changes to what level of assets are required for that fund to remain solvent. This post takes a slightly different approach; looking […]

How Rates of Return Affect Required Pension Assets

April 15, 2011 While pension finance is a relatively obscure discipline that requires of its practitioners expertise both in investments and actuarial calculations, it is a mistake to think the fundamentals are beyond the average policymaker or journalist. One policy question of extreme importance to discussions about the future of public worker pensions is how […]

California Voter Attitudes Towards Reforming Special Interests

March 11, 2011 The California Policy Center has completed another survey of California voters to measure attitudes towards special interest politics, with an emphasis on the influence of big corporations and public employee unions. Here are the principal findings and conclusions. Interviews with 605 randomly selected individuals were conducted between February 27th and March 3rd, […]

What Percent of California’s State and Local Budgets Are Employee Compensation?

February 11, 2011 Earlier this week the California Policy Center posted an analysis that estimated about two-thirds of California’s state budget covers state employee compensation expenses. This was in response to a widely quoted estimate that the number was only about 12%. Due to the huge disparity in these claims, and the implications having the […]


Connect with Us

Sign up now to receive periodic updates, news, and alerts about issues that matter most.
California Policy Center
18002 Irvine Blvd, Suite 108
Tustin, CA 92780