Post Profile






Letters: Risking retirement

Re: “3 Orange County cities among state’s top 25 in paying public pensions of more than $100K a year” [News, Aug. 10]: The California system is great at promising pensions, but is a failure at properly funding those promises. Case in point: The CalPERS $100K Club. Nearly 23,000 California public retirees last year each received […]
read more

share

Related Posts


California Public Pension Contributions Up 304% Over the Last Decade

News : Reason

Want to know what a drag the California Public Employee Retirement System (CalPERS) is putting on the Golden State's perenially beleaguered budget? An Orange County Register editorial does the math: In fiscal 2002-03, $545 million w...

Huge Pension Fund Makes Example of Tiny California City

News : Reason

California state government observers have wondered in recent months why the California Public Employees' Retirement System (CalPERS), the nation's largest state pension fund and one of Wall Street's most muscular financial players,...

California Cities Facing Growing Pension Costs in New Year: New at Reason

News : Reason

2017's not going to be a good year for pensions in California. Steven Greenhut writes: After two years of minuscule investment returns, the nation's largest state pension fund—the California Public Employees' Retirement System—has o...

Orange County employee pension fund alleges big banks are costing retirees money

Business & Finance : Money & Co

Three major public pension funds, including the Orange County Employees Retirement System, have sued a half-dozen Wall Street banks, alleging they illegally conspired to control a corner of the stock market, leading to higher charge...

Report: O.C. cities dominate when it comes to paying retirees more than $100K a year

Real Estate / Local Market : OCRegister Real Estate

Three cities in Orange County are ranked among the top 25 in California when it comes to retirees who make $100,000 or more. A report released Wednesday by Transparent California, a watchdog group that tracks pension expenses, liste...

Comments


Copyright © 2016 Regator, LLC