Government Insolvency | California Policy Center

Will Unions Promote Defined Contribution Plans the Way They Promote Pensions?

The virtue of a defined contribution plan is that once the employer has made their contribution, the employer’s obligation is fulfilled. The employee’s retirement benefit is based on a “defined” contribution – typically some fixed percentage of their base pay – that money is invested, and the retiree lives on the accumulated savings and interest....

By Edward Ring

America’s Homeless Industrial Complex – Causes & Solutions

In his final speech from the White House in January 1961, President Dwight Eisenhower warned the nation that the military had joined with the arms industry and had acquired unwarranted influence over American politics. His term for this alliance was the “military industrial complex.” Since that time, Eisenhower’s term has been co-opted by other critics of special...

By Edward Ring

Six facts about state and national teachers’ unions

As anyone who’s been a public school teacher can tell you, plenty of false messages circulate about union membership: whether it’s required, why it exists, and whom it benefits (or harms). Free to Teach wants you to know what’s up. Below are six of the most common issues the major state and national teachers’ unions don’t...

By Editorial Staff

L.A.’s Measure EE defeat: What happened and what’s next

LAUSD parcel tax measure goes down, and the district is still in charge…for now. If you live in Los Angeles, the thud you heard last Tuesday was the Los Angeles Unified School District’s parcel tax measure crashing to earth. Its goal was to raise $500 million annually over a 12-year period. Thus, owners of large...

By Larry Sand

Oakland trio cleared over $1.6 million in pay and benefits last year, new data show

An Oakland fire captain, a police officer, and a civil engineer each made over $500,000 in pay and benefits last year, according to newly released 2018 pay data published on TransparentCalifornia.com. The city’s top earner was Fire Captain Lawrence Hom, who cleared $557,655 in total compensation thanks in large part to an agency-high $309,185 overtime payment. Police officer Malcolm...

By Robert Fellner

How AB 195 May Help Restore “Impartiality” to Local Ballot Language

Every two years in November, California’s local agencies ask the voters to approve hundreds of new taxes and bonds. California’s primary ballot every other June also features dozens, if not hundreds of new requests for local tax increases and borrowing. And in times of dire urgency, special elections are called. For example, this Tuesday, June...

By Edward Ring

Citizen Reformers Set to Transform Oxnard’s Politics

Oxnard has got a problem. The city’s contributions to CalPERS, which totaled $23 million in their fiscal year 2016-17, are going to increase to $45 million by 2024-25. Where is this money going to come from? As reported last week, the “skyrocketing pension costs” have already led Oxnard’s Mayor to call for “painful cuts.” But if...

By Edward Ring

City of Oxnard Pension Contributions Set to Double by 2024

As reported by the Ventura County Star, the City of Oxnard faces budget headwinds. Quoted in the article, Mayor Tim Flynn had this to say: We’re making decisions that should have been made 10, 20 years ago to put the city on a sustainable path,” Flynn said. “These are very painful cuts, but we have to...

By Edward Ring

L.A. tax addicts looking to score

Union leader and the school district want more of your money to feed a bad habit. United Teachers of Los Angeles President Alex Caputo-Pearl is on a mission. In an online rant to his flock, he makes a pitch for Measure EE, a parcel tax that will be on the ballot in Los Angeles on...

By Larry Sand

Los Angeles Unified School Dysfunction

More bad news from the nation’s second largest school district. According to a report released last week, less than half of the 2019 Los Angeles Unified School District graduating class will be eligible to attend one of the state’s public universities. There are 15 essential “A–G” courses, including English, math, and science that students need...

By Larry Sand

School officials want you thinking how to spend millions, but not how they’ll get it

Survey says? Whatever they want it to say. Under the guise of measuring public opinion, Santa Ana school officials are trying to shape it – and they’re using taxpayer dollars to pay for it. In April and May, Santa Ana Unified School District officials papered the city with mail that looks like a poll. The...

By Kelly McGee

The SAUSD Song Remains the Same

1999: Kelly Rowland, LaTavia Roberson, Beyonce Knowles and LeToya Luckett, of Destiny’s Child, perform at the Woodlands Pavilion at Jump Jam. Santa Ana Unified was asking taxpayers to pay its unplayable bills. (AP Photo/Houston Chronicle, Steve Campbell) It’s 1999, and Bill Clinton is one year removed from his affair with Monica Lewinsky becoming public. Destiny’s...

By Kelly McGee

Mr. Chips needs to pack heat

While finger-pointing continues over the Florida school shooting, it’s time to arm our teachers. Understandably, much has been written about the awful school shooting in Parkland, Florida, where 17 young people were slaughtered at the hands of a sick and evil human being. The tragedy was particularly vexing as there were so many warning signs...

By Larry Sand

Did CalPERS Use Accounting “Gimmicks” to Enable Financially Unsustainable Pensions?

Gimmick – a concealed, usually devious aspect or feature of something, as a plan or deal. – Dictionary.com In the past week, from Millbrae’s city hall to the inner sanctum of the CalPERS leviathan in Sacramento, defenders of pensions have been active. In particular, they have criticized the recent analysis, published by the California Policy Center, “How...

By Edward Ring