Californians should pay more attention to water

By Darin DuPont
As one rides on the train through the heart of the Central Valley, one becomes engulfed by the rich agricultural roots of California. Its beautiful crops and peaceful imagery make the breadbasket of the world a sublime place to live. Nevertheless, absent its rivers, both the crops and generations of hardworking Americans who take care...

TAGS: Central Valley, Fresno County, Kern County

Comparing Fresno City and County Pension Systems

By California Policy Center
As the Fresno Bee recently reported, the city of Fresno’s pension systems are in much better financial shape than the Fresno County Employees’ Retirement Association (FCERA). As of June 30, 2015, the city’s two systems reported a combined $349 million of assets (at market value) in excess of actuarially accrued liabilities. By contrast, FCERA’s assets...

TAGS: Fresno County, pension

Pension burden in 5 California counties now over 10%

By Marc Joffe
Years after the Great Recession slammed their Wall Street investments, at least five California counties have broken through the 10 percent ceiling, spending at least one of out of every $10 to fund their government-employee retirement programs. The resulting strain on local budgets, called the pension burden, is revealed in California Policy Center’s latest analysis of county reports....

TAGS: Fresno County, Kern County, Public sector pensions