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Calif. Voters Slash Public Pensions

Business & Finance : Business from Newser

It's been a rough week for public workers. Following Scott Walker's survival as Wisconsin governor, two major California cities have easily approved cuts to city employees' pensions. Some 66% of San Diego voters approved such a meas...

California law will require teacher and state worker pension funds to divest from thermal coal

News : The Raw Story

Bill targets state public employees’ and teachers’ pension plans Governor Jerry Brown expected to sign bill into law California lawmakers passed a bill on Wednesday requiring the state’s two largest pension plans to divest their hol...

Business Day Live: How Plan to Help City Pay Pensions Backfired

Business & Finance : DealBook

Examining the advertising industry's lack of diversity. | A look at America's financial illiteracy. | How a plan to pay city pensions in California backfired.

California Governor decries Calpers vote on pensions

News : The Newsroom

By Tim Reid LOS ANGELES (Reuters) - California Governor Jerry Brown decried a move by the state's giant public pension fund on Wednesday to include temporary pay hikes in the way pensions are calculated for newly hired workers. The ...

How a governor's bid to exert control over California public pensions backfired

Issues & Causes / Environmentalism : Greenspace

Facing an unprecedented budget deficit shortly after taking office in 1991, Republican Gov. Pete Wilson made an unusual request of the state's largest pension fund: Can you be more liberal in your predictions about the stock market?...


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