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California Public Employees' Retirement System

A collection of news and information related to California Public Employees' Retirement System published by this site and its partners.

Top California Public Employees' Retirement System Articles

Displaying items 34-44
  • Stockton bankruptcy ruling a blow to pensions

    Stockton bankruptcy ruling a blow to pensions
    SACRAMENTO — A federal bankruptcy judge dealt a blow to California's public employee pension systems by ruling Wednesday that payments for future worker retirements can be reduced when a city declares bankruptcy — just like its other debts....
  • Cities may use bankruptcy to cut worker pensions

    Cities may use bankruptcy to cut worker pensions
    Financially pressed California cities might turn to bankruptcy as a way to cut their increasing pension costs after a judge's ruling, experts said Thursday. Analysts from Moody's Investor Services, a bond rating firm, said that Wednesday's ruling by a...
  • Stockton pension ruling: More bark than bite?

    Stockton pension ruling: More bark than bite?
    A federal bankruptcy judge's decision that Stockton could toss out its contract with CalPERS, the state's giant pension fund, may lead to deep cuts in workers' and retirees' pensions, even though the city didn't ask for any cuts at all. It also could lead...
  • Ethics watchdog agency to weigh fine for CalPERS board vice president

    Ethics watchdog agency to weigh fine for CalPERS board vice president
    California’s political watchdog agency will consider quadrupling a fine against newly reelected CalPERS board Vice President Priya Mathur for failing to file timely campaign finance reports for 2012 and 2013. The proposed penalty follows a...
  • 99 ways to boost pensions in California -- at public cost

     99 ways to boost pensions in California -- at public cost
    Directing traffic is part of a police officer's job, and in the city of Fountain Valley, keeping cars moving comes with a $145 monthly bonus — and a bigger pension. Fountain Valley officers can also pump up their pensions by working with police...
  • Watchdog to weigh quadrupling of fine against CalPERS board member

    Watchdog to weigh quadrupling of fine against CalPERS board member
    California's political watchdog agency will consider quadrupling a fine against newly reelected CalPERS board Vice President Priya Mathur for failing to file timely campaign finance reports for 2012 and 2013. The proposed penalty follows a decision by...
  • Commentary: City charter could lead to costly elections, lawsuits

    We all agree that there is a major problem with the underfunded public pension obligations in Costa Mesa and that something needs to be done. We do not all agree on the solution, and some have sought to make corrections through the proposed charter,...
  • Commentary: Consultant is obfuscating Newport financial data

    While Newport Beach's issuance of debt for the Civic Center and park occurred in November 2010, before I was even on the council, political consultant Dave Ellis' slate of City Council candidates (who never said a peep for four years) now question whether...
  • CalPERS board strips Priya Mathur of posts after ethics law violations

    CalPERS board strips Priya Mathur of posts after ethics law violations
    The country's richest public pension fund has stripped one of its 13 members of her posts on its board of administration after she repeatedly violated California's political ethics laws. Rob Feckner, board president of the California Public Employees'...
  • Kuehl, Shriver each made their mark

    Kuehl, Shriver each made their mark
    For Bobby Shriver, homelessness has always been an issue close to his heart. He made it a central focus during his years on the Santa Monica City Council. But his dogged campaign alienated some would-be allies and, former colleagues say, ultimately made...
  • H.B. council hopeful Posey wants fewer prohibitions, more businesses

    H.B. council hopeful Posey wants fewer prohibitions, more businesses
    Huntington Beach City Council candidate Michael Posey says he's had enough of the council banning consumer items — from plastic bags to sales of cats and dogs. He said he and many residents he has heard from are fed up with council members...