Entries by California Policy Center

CPC Study Documents How Rhode Island Implemented Pension Reform

FOR IMMEDIATE RELEASE Sacramento, California, January 28, 2013 Contact:  press@calpolicycenter.org The California Policy Center has just published a new study that provides an in-depth chronology of Rhode Island’s pension reform efforts. Despite several incremental pension reforms passed by their state legislature starting in 2005, by 2010 Rhode Island’s state pension plan was only 48% funded, […]

CPC Study Consolidates California's State and Local Government Spending

FOR IMMEDIATE RELEASE Sacramento, California, January 14, 2013 Contact:  press@calpolicycenter.org When Sacramento politicians are dancing in the end zone about their “balanced budget,” how much does that tell us about whether government spending has been brought under control? Not much, according to a new study by the California Policy Center. Using the most recent financial […]

CPC Study Calculates Impact of New Credit Rating Criteria

FOR IMMEDIATE RELEASE Sacramento, California, January 14, 2013 Contact:  press@calpolicycenter.org The California Policy Center has just published a new study that examines the impact of the credit rating criteria being considered by Moody’s Investor Services for state and local governments. Moody’s has proposed discounting pension fund liabilities at a rate of 5.5% instead of the […]