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John Chiang

A collection of news and information related to John Chiang published by this site and its partners.

Top John Chiang Articles see all

Displaying items 1-5
  • More public-employee pension nonsense in California

    To the editor: An oxymoron is a figure of speech producing an incongruous, self-contradictory effect, as in "employee retirement contribution." ("Pension spiking could cost CalPERS nearly $800 million," Sept. 9)
  • Pension spiking could cost CalPERS nearly $800 million

    SACRAMENTO — A legal way to increase pensions by boosting the final pay of retiring state and local government workers could drive up public employee pension costs in California by as much as $796 million over the next 20 years, the state controller...

    Calpers criticized for passive approach to pension 'spiking'

    LOS ANGELES (Reuters) - America's largest public pension fund was criticized in a report on Tuesday for failing to sufficiently audit and clamp down on pension "spiking", a practice of inflating workers' benefits just before retirement in order to boost...

    Pension 'spiking' to cost CalPERS nearly $800 million, controller says

    Taxpayers and local governments are on the hook to pay nearly $800 million stemming from "legal" pension spiking over the next two decades, the state controller said Tuesday. The price tag came as Controller John Chiang issued a new audit of the...

    City of Bell's second chance

     City of Bell's second chance
    Since the Bell corruption scandal broke four years ago, the tiny town has transformed itself from one of the most closed to one of the most transparent cities in the nation. Evidence of the turnaround can be found on the city's website, where...