Press Releases

California’s State and Local Liabilities Total $1.5 Trillion

California’s State and Local Liabilities Total $1.5 Trillion

California’s total state and local government liabilities as of June 30, 2017, the most recent year for which a complete set of financial and actuarial reports are available, totaled just over $1.5 trillion. Over two-thirds of that total consists of unfunded liabilities for pensions and retiree health insurance for California's state and local public employees.

By California Policy Center

25 UC Retirees Receive Annual Pensions Exceeding $300,000

25 UC Retirees Receive Annual Pensions Exceeding $300,000

Twenty-five University of California retirees receive more than $300,000 annually in retirement, the California Policy Center has learned. The information, contained in documents released to CPC through a public records request, comes amidst controversy over excessive compensation at the UC system and revelations of a secret slush fund at the system’s headquarters. The highest paid pensioner is Professor Lewis L. Judd, a UC San Diego Psychiatry professor. He receives an annual pension of $385,765.

By Marc Joffe

State’s Retired Public Workers Earn 26% More than Private-Sector Workers Still on the Job

State’s Retired Public Workers Earn 26% More than Private-Sector Workers Still on the Job

For Immediate Release March 13, 2017 California Policy Center Ed Ring, ed@calpolicycenter.org (916) 524-7534 California’s retired government workers earn 26% more in retirement than private-sector workers earn while still on the job. That’s the finding of an in-depth analysis released this week by the California Policy Center. “This is an absolutely upside-down system,” said California...

By California Policy Center

California’s State and Local Workers Average Pay and Benefits Twice the Average for Private Sector Workers

California’s State and Local Workers Average Pay and Benefits Twice the Average for Private Sector Workers

For Immediate Release January 26, 2017 California Policy Center Ed Ring, ed@calpolicycenter.org (916) 524-7534 A in-depth analysis released this week by the California Policy Center finds that the average pay and benefits for California’s full-time state and local public employees in 2015 was $121,843. This is nearly twice what the average full-time private sector worker...

By California Policy Center

Second Orange County School Choice Fair, Jan. 28

Second Orange County School Choice Fair, Jan. 28

For more information: Cecilia Iglesias Education and Community Relations Director California Policy Center (714) 573-2208 cecilia@calpolicycenter.org  Local charter schools, community leaders and education partners will participate in the National School Choice Week celebration SANTA ANA, Calif. – In celebration of National School Choice Week, California Policy Center along with local charter schools will host the...

By California Policy Center

Friedrichs v. 2.0? U.S. Supreme Court May Get a Second Chance to Free Teachers from Forced Unionism

Friedrichs v. 2.0? U.S. Supreme Court May Get a Second Chance to Free Teachers from Forced Unionism

For Immediate Release January 19, 2017 California Policy Center Will Swaim, will@calpolicycenter.org (949) 274-1911 In a case that will cheer education reformers, four Pennsylvania teachers today sued their unions, school districts and district officials for making union membership a condition of their employment. The suit – and the likely appointment of a reform-friendly Supreme Court...

By California Policy Center

California debt now running closer to Italy and Portugal, new study finds

California debt now running closer to Italy and Portugal, new study finds

For Immediate Release January 11, 2017 California Policy Center Marc Joffe, marc@calpolicycenter.org (415) 578-0558 A landmark study of California’s finances reveals the state’s debt burden is approaching the levels of Italy and Portugal, where debt crises in 2011 and 2012 drove the Eurozone countries to the brink of collapse. The findings come a day after...

By California Policy Center

New California Policy Center Study Offers Next Generation Infrastructure Solutions

New California Policy Center Study Offers Next Generation Infrastructure Solutions

For Immediate Release December 1, 2016 California Policy Center Lee Schalk at 916-258-2396 lee@calpolicycenter.org New California Policy Center Study Offers Next Generation Infrastructure Solutions Study explores how private infrastructure investment can increase water supply, bolster energy, and modernize transportation systems. LOS ANGELES — Today the California Policy Center released a new study investigating California’s infrastructure...

By California Policy Center

Top 10: Vernon Leads California Cities with More Public Employees Than Residents

Top 10: Vernon Leads California Cities with More Public Employees Than Residents

For Immediate Release October 11, 2016 California Policy Center Contact: Will Swaim Will@CalPolicyCenter.org (714) 573-2231 Vernon, California is so famous for its history of corruption that it was the municipal star of season 2 of HBO’s “True Detective” series. Now the diminutive L.A. County town can claim another achievement: Vernon is the only California city with more public employees than...

By Will Swaim

Reporter's Notebook: CPC Offers Expert Help with Local School Bond Reporting

Reporter's Notebook: CPC Offers Expert Help with Local School Bond Reporting

For Immediate Release September 23, 2016 California Policy Center Contact: Will Swaim Will@CalPolicyCenter.org (714) 573-2231 SACRAMENTO, Calif. — Well down the November ballot, obscured by the high-profile battle for the White House, Californians will find more than 100 local school bond measures representing hundreds of millions of dollars of new public debt. “The bond process is...

By Editor

The Highest-Paid Public Employee in the Poorest County in California

The Highest-Paid Public Employee in the Poorest County in California

Raymond J. Cordova, county executive officer of Imperial County, earns $282,093 with total pay and benefits. That’s 17 times the median per capita income of Imperial County residents, who earned just $16,409. By comparison, San Francisco’s highest paid public official, Chief Investment Officer William J. Coaker Jr., made $633,723 – about 13 times SF’s median...

By Editor

Gov. Brown says yes to school finance reforms inspired by CPC study

Gov. Brown says yes to school finance reforms inspired by CPC study

For Immediate Release August 18, 2016 California Policy Center Contact: Will Swaim Will@CalPolicyCenter.org (714) 573-2231 SACRAMENTO — It’s rare that a think-tank study produces real reform, but it happened today when Gov. Jerry Brown signed into law a bill designed to stop school officials before they recklessly spend again. Assembly Bill 2116 began one year ago with...

By Will Swaim

SUITABLE FOR QUOTING: Expert Responses to CalPERS' Monday, July 18 Earnings Report

SUITABLE FOR QUOTING: Expert Responses to CalPERS' Monday, July 18 Earnings Report

For Immediate Release July 18, 2016 California Policy Center Contact: Will Swaim Will@CalPolicyCenter.org (714) 573-2231 California Policy Center Responses to Monday, July 18, 2016 Earnings Report For reporters and commentary writers, the California Policy Center can make available two public finance experts. We also offer for publication these immediate responses to the CalPERS report:   ED...

By Will Swaim

FOR PUBLICATION: Ed Ring Response to CalPERS' disastrous 2015-16 earnings report

FOR PUBLICATION: Ed Ring Response to CalPERS' disastrous 2015-16 earnings report

For Immediate Publication July 18, 2016 California Policy Center Contact: Will Swaim Will@CalPolicyCenter.org (714) 573-2231 Latest earnings report is more evidence California retirement agency will reform or die By Ed Ring | California Policy Center The officials who run California’s public-employee retirement system should have released today’s earnings report with sound effects – a flugelhorn, maybe,...

By Will Swaim