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BLUE MELTDOWN: California Pension Fund Threatens to Renege on its Promises for the First Time. T…

US Politics / Conservative : Instapundit

BLUE MELTDOWN: California Pension Fund Threatens to Renege on its Promises for the First Time. The problem for Loyalton, in other words, is just a more acute version of the problem besetting municipalities across the country: Namely...

PUBLIC PENSION UPDATE: Cost of retired state worker health, dental care puts California at risk. …

US Politics / Conservative : Instapundit

PUBLIC PENSION UPDATE: Cost of retired state worker health, dental care puts California at risk. And, in West Virginia: FOR a quarter of a century, state and public school employees in West Virginia were told that they could trade u...

WELL, THAT SOUNDS PROMISING: Detroit Emerges From Bankruptcy, Pension Risk Intact. “The pension sy…

US Politics / Conservative : Instapundit

WELL, THAT SOUNDS PROMISING: Detroit Emerges From Bankruptcy, Pension Risk Intact. “The pension system that the settlement leaves behind has some of the same problems that plunged the city into crisis in the first place — fundamenta...

The Tragedy Of California's Public Pensions

Business & Finance : Zero Hedge

Submitted by C. Jay Engel via The Sullivan Group, It is well known that California has a pension problem that offers a challenge for public officials and current and future retirees alike. Even if people aren’t aware of the details,...

Ignoring Pension Past, California Risks Future Problems: New at Reason

News : Reason

Lawmakers in California don't want to re-litigate past mistakes even as they're certain they're not making them anymore. Steven Greenhut writes: CalPERS—which in 1999 claimed the pension boost (Senate Bill 400, which had then-Assemb...

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