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- The Financial Context of the Imminent California Supreme Court Decision on the 'California Rule'
by Edward Ring
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News Archives
All the news that has appeared on PensionTsunami.com.
April 4, 2019
- A Crackdown on Misuse of Taxpayer Money? (Dan Walters / CALmatters)
- What Cities' Revenue-Raising Methods Say About Their Pension Funding (Mike Maciag / Governing)
April 3, 2019
- Today's Headlines as of 8:00 AM (PT) . . .
- Bugs in California’s K-12 System (David Crane / Medium.com)
- Rising Pensions Costs Are Crippling Nevada's School Districts (editorial - Las Vegas Review-Journal)
- BMW Freezes Pension Plans for US Employees; Shifts to 401(k)-Style Plans for All (Anna B. Mitchell / Greenville News)
April 2, 2019
April 1, 2019
- Today's Headlines as of 7:30 am (PT) . . .
- Another Court’s Pension Punt Hurts Reform Prospects and Voting Rights (editorial - Orange County Register)
- State Pension Unfunded Liabilities Nearly $6 Trillion (Michael Katz / Chief Investment Officer)
- Novato Creates Trust Fund to Ease Pension Jam (Will Houston / Marin Independent Journal)
- Today's Headlines as of 1:00 am (PT) . . .
- Reforms Are Crucial for California's Public Pension System to Be Sustainable (op-ed - Bob Bunnell / Marin Independent Journal)
- California Cities Struggle to Cut Retirement Health Care Costs (blog - Ed Mendel / Calpensions)
- Beware the Coming Tax Grab by Politicians (editorial - Santa Cruz Sentinel)
- Modern Markets & US Pension Funds Having a Gallipoli Moment (Lee Adler / Sure Money Investor)
- No Kidding: Four Orange County Cities Boost Sales Taxes on April Fools’ Day (Susan Christian Goulding / Orange County Register)
- A Lesson in Fiduciary Responsibility for Jamie Dimon (Christopher Burnham / Forbes)
- Are US Pensions Funding Human Rights Violations and Cyber Espionage? (Fan Yu / The Epoch Times)
- GOLDEN OLDIE: Why Don’t Pension Funds Divest From All Arms Companies? (John Seiler / CalWatchdog)
- BLOG: STUMP by Mary Pat Campbell
- BLOG: Burypensions by John Bury
- BLOG: Pension Pulse by Leo Kolivakis
- Follow @PensionTsunami on Twitter
March 31, 2019
- How Public Pensions Could Trigger the Next Financial Crisis (Michelle Jones / ValueWalk)
- Bring Pensions Back: San Diego Mayoral Rivals All Aboard (Scott Lewis & Andrew Keatts / Voice of San Diego)
March 29, 2019
- State Pensions Plans Are in Bad Shape But Reforms Can Help (Adam Millsap / Forbes)
- Riverside County and Union Agree to Compromise, Reduce Size of Wage Increases (Sam Metz / Palm Springs Desert Sun)
- Filling California's Big Public Pension Holes (Chase Difeliciantonio / North Bay Business Journal)
- Californians Worry About Public Pensions, But Not as Much as They Used to (column - Wes Venteicher / Sacramento Bee)
March 28, 2019
- Appeals Court Tells San Diego to Pay Workers Who Don’t Have Pensions (David Garrick / San Diego Union-Tribune)
- School and Pension Costs in California: What Can Be Done? (video - EdSource)
March 27, 2019
- California State Appeals Court Orders San Diego to Pay City Workers Over Pension Case (KUSI)
- California State Appeals Court to City of San Diego: Pay Up (Jeff Powers / IVN)
- PENSION PULSE: A Discussion With CalPERS's New CIO (blog - Leo Kolivakis)
- Disputed San Diego Pension Change Won't Be Undone by Court (Jacklyn Wille / Bloomberg Law)
- City of Oakland Wins Appeal in Suit With Retired Police Officers (Bay City News Service / San Francisco Chronicle)
- California Supreme Court Delivers Limited Victory for Pension Reform (Lou Cannon / Noozhawk)
March 26, 2019
- NEW REPORT: Unfunded Liabilities of State Pension Plans Now Total over $5.9 Trillion (American Legislative Exchange Council)
- Chuck Reed Plans to Continue Working on Statewide California Pension Reform (Carina Woudenberg / San Jose Sporlight)
- Connecticut Has Lowest Pension Funding in the Country, According to Report (Marc E. Fitch / Yankee Institute)
- Virginia Pension Fund in Trouble if Market Meltdown Hits (Alan Suderman/ Associated Press)
March 25, 2019
- How Fast Can CalPERS’s $360 Billion Grow? (John Gittelsohn / Bloomberg)
- New Data Detail Soaring Costs of California School Pensions (John Fensterwald / EdSource)
- San Mateo Officials Grapple With Expected Deficit (Anna Schuessler / Daily Journal)
March 22, 2019
March 21, 2019
March 20, 2019
- Sonoma County Lawsuit Probes Legality of Boom-Times Pension Benefit Increase (column - Wes Venteicher / Sacramento Bee)
- READ THE BRIEF on Appeal in the Sonoma County Pension Case (pdf - California Policy Center)
- Warwick, Rhode Island Faces Big Bill After Losing Case on Firefighter Pensions (Mark Reynolds / Providence Journal)
March 19, 2019
- Instead of Fighting for Doomed San Diego Pension Measure, Why Not Seek New One? (editorial - San Diego Union-Tribune)
- What Happens Now That the US Supreme Court Told the City to Deal With Its Own Pension Mess (Scott Lewis / Voice of San Diego)
- New CalPERS Leader Wants Pension Fund to Put Its Money Back Into Tobacco (column - Wes Venteicher / Sacramento Bee)
- Public Pensions and Social Trust (Elizabeth Bauer / Forbes)
- PENSION PULSE: Wisconsin's Big Public Pension Cheese? (blog - Leo Kolivakis)
- Pusillanimous in Sacramento (David Crane / Medium.com)
- CalPERS Moving Forward With $20 Billion Expansion of Its Private Equity Investments (column - Wes Venteicher / Sacramento Bee)
- PENSION CONFERENCE THURSDAY IN LOS ANGELES: Overcoming the Current Pensions Crisis: Building a Better Future (Public Policy Exchange)
- US Supreme Court Deals San Diego a Blow on Public Pension Reform (Chris Jennewein / Times of San Diego)
- Sacramento Unified School District on Verge of Insolvency While Superintendent Takes $35,000 Junket to Harvard (Katy Grimes / California Globe)
March 18, 2019
- BREAKING @ NOON: US Supreme Court Won't Intervene in San Diego Pension Case (David Garrick / San Diego Union-Tribune)
- A Tale of Two Cities and Blocked Pension Reforms (blog - Ed Mendel / Calpensions)
- California Public Pension Benefit Lawsuits Being Watched Nationwide (Arleen Jacobius / Pensions & Investments)
- Monterey County’s Financial Forecast Is Less Dire This Year, But CalPERS and Other Costs Are Looming (Pam Marino / Monterey County Weekly)
- South Pasadena City Budget Facing $1 Million Deficit; Cuts, Taxes on Horizon ( Steve Whitmore / South Pasadena Review)
- Cliffwater: US State Pension Fund Returns 'Badly Trail’ Aggregate Assumed Rate of Return (Christine Williamson / Pensions & Investments)
- DOWNLOAD THE REPORT: An Examination of State Pension Performance 2000-2018 (Cliffwater)
- Who's Behind Phoenix's Latest Pension Ballot Measure, and What Would It Do? (Jessica Boehm / Arizona Republic)
- 'Best of the Worst Options.’ Pension Relief Bill for Universities, State Agencies Progresses (Kentucky Press News Service)
- Trump Administration Proposes Eliminating Pensions for Some New Feds (Erich Wagner / Government Executive)
March 17, 2019
- Texas Supreme Court Affirms Cuts to Future Public Pension Benefits (JD Supra)
- Dallas Pension Fund Wins Court Ruling Allowing It to Pare Return to Beneficiaries (Chris Butera / Chief Investment Officer)
- GOLDEN OLDIE: Jerry Brown Predicts 'Fiscal Oblivion’ if Pensions Are Off Limits for Government Employers (column - Ashton & Chance / Sacramento Bee)
March 16, 2019
- A New Approach to Pension Reform Goes to Appellate Court (Edward Ring / California Policy Center)
- San Diego Awaits Two Big Decisions on Prop B Pension Reform (Andrew Bowen / KPBS)
March 15, 2019
- We Will Be Paying California's Unfunded Pension Liabilities for Many Years (column - Dick Spotswood / Marin Independent Journal)
- One Thing Congress Gets Right: Funding Their Own Pensions... (Simon Black / Zero Hedge)
March 14, 2019
- Carl DeMaio on San Diego’s Pension Reform Initiative (video - Jonathan Halvorson / KUSI-TV)
- Bill Would Hide Names of Government Pension Recipients (Richard Karpel / Nevada Appeal)
- Do Not Shroud Nevada's Public Pensions in Secrecy (Thomas Mitchell / Mesquite Local News)
- Pension Underfunding Policy Lands Birmingham, Alabama a Bond Rating Downgrade (Shelly Sigo / The Bond Buyer)$$
- 4th Quarter Dealt a Heavy Blow to Corporate Pension Plans (David McCann / CFO.com)
March 13, 2019
- CalPERS Says No to Legislation Forcing It to Divest From Private Prisons (Randy Diamond / Chief Investment Officer)
- Courts Tackle San Diego Pension Reform Initiative; Lawsuits Hit Supreme Court, Local Courts This Week (ABC San Diego)
- California State Workers in L.A., San Francisco Should Be Paid More, Says State Report (column - Wes Venteicher / Sacramento Bee)
March 12, 2019
- Appeals Court Debates Possible Resolutions to San Diego Pension Case (David Garrick / San Diego Union-Tribune)
- Rating Agencies Weigh in on California Pension Ruling (Keeley Webster / The Bond Buyer)$$
- Shortfalls in Funding State Government Employee Pensions (Craig Eyermann / Independent Institute)
- 'Go North, Young Man,' to the Wisconsin Public Pension System (Elizabeth Bauer / Forbes)
- Dangerous Bill Would Hide Names of Nevada's Government Pension Recipients (op-ed - Richard Karpel / Reno Gazette Journal)
- Accounting Watchdog Group Objects to GASB Proposal (Michael Cohn / Accounting Today)
- As Budget Deficit Balloons, Few in Washington Seem to Care (Andrew Taylor / Fox Business)
- New York City Is Edging Toward Financial Disaster, Experts Warn (John Aidan Byrne / New York Post)
March 11, 2019
- California's New Pension-Cut Rulings Begin With Little Change (blog - Ed Mendel / Calpensions)
- Supreme Court Ruling Praised by Both Sides of California Pension Debate (Chris Reed / CalWatchdog)
- What the Pension Ruling Means for California’s Taxpayers (op-ed - Jon Coupal / Orange County Register)
- Around the Pension-O-Sphere: Jane the Actuary, ESG, California Rule, and More (blog - Mary Pat Campbell / STUMP)
March 10, 2019
March 9, 2019
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