Red Flags for California Actuarial Advisory Panel

By Edmund Pine
Last month, CalPERS removed from its website the controversial “Myths vs. Facts” page, ending one of the agency’s efforts to soothe public anxiety about the cost of rising pension benefits to public employees. Some sources close to CalPERS told California Policy Center that the page was so riddled with errors that there were demands for...

TAGS: OCERS, orange county

Orange County Pensions At Risk – Unions Just Call Critics “Extremists”

By Edward Ring
“Just as the overseer of Detroit lied to the public about Detroit’s unfunded pension liability, these extremists are likewise lying to the taxpayers of Orange County, and they’re following his playbook.” –  Jennifer Muir, Communications Director, Orange County Employees Association We’re not lying, Jennifer. We’re not even stretching the truth. What government union spokesperson Muir...

TAGS: OCERS, Orange County Employee Retirement System, Public sector pensions, unfunded contribution, unfunded liability