Questions for Someone Who Supports Superior Benefits for Government Workers

By Edward Ring
01/31/2017
“Without disputing the figures, Monique Morrissey, an economist with the Economic Policy Institute in Washington, D.C., said the findings are misleading because they do not compare specific classes of employees or account for differences in education levels and total hours worked.” California Is Golden State For Public Employees, by Michael Carroll, AMI Newswire, Jan. 31,...

TAGS: California pensions, Economic Policy Institute

Convicted or Not, L.A. Sheriff Baca Will Collect a Big Pension

By Marc Joffe
01/17/2017
Leroy "Lee" Baca, the man served for 16 years as L.A. County's top cop, has admitted to charges of lying to the FBI in a coverup of inmate abuse at the county jail. But even if convicted, the retired Los Angeles County Sheriff will continue to receive retirement benefits – today valued at more than $342,000 annually. A conviction would put him in a unique position to corner the prison commissary.

TAGS: $100K pension club, California pensions

New Actuarial Rules Will Force States to Admit Pension Problems

By Mike Shedlock
06/18/2013
Editor’s Note:  This post by UnionWatch contributor Mike Shedlock covers familiar territory. Our parent organization, the California Public Policy Center, has published detailed analyses of the new GASB and Moody’s rules, including: “Moody’s Final Adopted Adjustments of Government Pension Data,” “How New Rules from Moody’s and GASB Affect the Financial Reporting of Pensions in Seven...

TAGS: California pensions, Public sector pensions