Recent News Stories:

Turmoil Over CalPERS-Managed Pension is Far From Over.  Note the Articles Below Regarding Changes to CalPERS Investment Assumptions...

Press-Enterprise: WORKPLACE: State making big wage-and-hour effort
http://www.pe.com/business/business-columns/commercial-real-estate-headlines/20130524-workplace-state-making-big-wage-and-hour-effort.ece

Santa Monica Mirror: SM-UCLA Medical Center Workers Strike
http://www.smmirror.com/articles/News/SM-UCLA-Medical-Center-Workers-Strike/37631

Monterey County Herald: Pacific Grove residents ask court to force pension election
http://www.montereyherald.com/news/ci_23311414/pacific-grove-residents-ask-court-force-pension-election

LA Times: Working past retirement: 75% will do it, most because they want to
http://www.latimes.com/business/money/la-fi-mo-working-past-retirement-gallup-20130523,0,2766310.story

Santa Rosa Press Democrat: Pension costs set to skyrocket
http://www.pressdemocrat.com/article/20130523/COMMUNITY/130529778/1010/sports?Title=Pension-costs-set-to-skyrocket

Patch.com: Revenue From New Shopping Centers Will Go to Pensions, Not Services
http://petaluma.patch.com/groups/editors-picks/p/revenue-from-new-shopping-centers-will-go-to-pensions-not-services-councilman-says

Pleasanton Weekly: Pleasanton city employees agree to higher pension contributions
http://www.pleasantonweekly.com/news/show_story.php?id=11327

Reuters: Calpers goes to the mattresses against bond insurer's law firm
http://newsandinsight.thomsonreuters.com/Legal/News/ViewNews.aspx?id=78383&terms=%40ReutersTopicCodes+CONTAINS+%27ANV%27

CBS Local: 2-Day Worker Walkout Ends UC Hospitals
http://losangeles.cbslocal.com/2013/05/23/2-day-worker-walkout-ends-uc-hospitals/

Press Democrat: Santa Rosa plans to refinance $35 million in pension bonds
http://www.pressdemocrat.com/article/20130522/ARTICLES/130529829:

U-T San Diego: STATE MANAGERS HAD 2ND JOBS
http://www.utsandiego.com/news/2013/may/23/tp-state-managers-had-2nd-jobs/

Rocklin and Roseville Today: Roseville Fires Back in Contract Talks with Police
http://www.rocklintoday.com/news/templates/community_news.asp?articleid=11691&zoneid=4

California Majority Report: California's Top Pension Reporter: Attacks on Pensions Have Crested" as Lawsuits, Initiatives Fade
http://www.camajorityreport.com/index.php?module=articles&func=display&aid=5017&ptid=9

Press Release: CalPERS Nominated For Best Responsible Investment Report by Large Pension Fund
http://www.mondovisione.com/media-and-resources/news/calpers-nominated-for-best-responsible-investment-report-by-large-pension-fund/

Pleasanton Weekly: Pleasanton city employees agree to higher pension contributions
http://www.pleasantonweekly.com/news/show_story.php?id=11317

89.3 KPCC: UC hospitals face second day of worker strike over staffing, pensions
http://www.scpr.org/news/2013/05/22/37367/uc-hospitals-face-second-day-of-worker-strike-over/

ABC News: Selling Your Pension For Cash Lump Sum: Pros, Mostly Cons
http://abcnews.go.com/Business/veterans-pensions-bought-cash/story?id=19218628#.UZ1KWJyv-dw

San Jose Mercury News: Pension reform: Proposal to cut pensions could hurt California even more than housing crash
http://www.mercurynews.com/ci_23285366/pension-reform-proposal-cut-pensions-could-hurt-california

The Reporter: Guest Editorial: Address teacher pension
http://www.thereporter.com/opinion/ci_23288382/guest-editorial-address-teacher-pension

Reuters: Healthcare workers strike at five California public hospitals
http://www.reuters.com/article/2013/05/21/us-usa-health-strike-idUSBRE94K13T20130521

Fresno Bee: Public pension employees skip Hawaii conference
http://www.fresnobee.com/2013/05/20/3307001/public-pension-employees-skip.html

Detroit Free Press: What bankruptcy looks like: lessons for Detroit from California
http://www.freep.com/article/20130521/OPINION05/305210078/stockton-vallejo-municipal-bankruptcy-detroit-bridge-magazine

Sacramento Business Journal: Six candidates vie for two CalPERS board seats
http://www.bizjournals.com/sacramento/news/2013/05/21/six-candidates-vie-for-two-calpers.html

Reuters: Calpers: bankrupt San Bernardino has more cash than first admitted
http://newsandinsight.thomsonreuters.com/Legal/News/2013/05_-_May/Calpers__bankrupt_San_Bernardino_has_more_cash_than_first_admitted/

Press-Enterprise: SAN BERNARDINO: City hopes to move bankruptcy case along
http://www.pe.com/local-news/politics/imran-ghori-headlines/20130507-san-bernardino-city-hopes-to-move-bankruptcy-case-along.ece

The Reporter: Revenues top expenses in Solano County
http://www.thereporter.com/news/ci_23196607/revenues-top-expenses-solano-county

Sacramento Business Journal: Union for UC patient care technical workers authorizes strike
http://www.bizjournals.com/sacramento/news/2013/05/08/uc-strike-patient-care-technical-workers.html

Pasadena Star-News: Aleta Sprague: Forced retiremet plan is good for California's workers
http://www.pasadenastarnews.com/opinions/ci_23195207/aleta-sprague-forced-retiremet-plan-is-good-californias

Governing: A New Way to Tame the Public-Pension Beast? - Governing
http://www.governing.com/blogs/bfc/col-adjustable-pension-plan-defined-benefit-contribution-cash-balance.html

Reuters: New York probes pension advances, subpoenas 10 companies
http://newsandinsight.thomsonreuters.com/New_York/News/2013/05_-_May/New_York_probes_pension_advances,_subpoenas_10_companies/

Fox Business: Calpers to Vote in Favor of Stripping Dimon of Chairman Title
http://www.foxbusiness.com/business-leaders/2013/05/08/calpers-to-vote-in-favor-stripping-dimon-chairman-title/

Reuters: Second New York City pension fund unloads gun stocks
http://www.reuters.com/article/2013/05/08/usa-pensions-guns-idUSL2N0DP1ZA20130508

Newsday: Conn. legislature mulls worker retirement access - Newsday
http://www.newsday.com/news/region-state/conn-legislature-mulls-worker-retirement-access-1.5215928

Governing: Appreciating Public Servants in an Age of Cynicism
http://www.governing.com/gov-institute/funkhouser/col-boston-marathon-bombing-police-appreciating-public-servants.html

KERO-TV 23: Shannon Grove bill against federal bailout of Calif. pension killed by Assembly committee
http://www.turnto23.com/news/state/shannon-grove-bill-against-federal-bailout-of-calif-pension-killed-by-assembly-finance-committee

San Francisco Bay Guardian: Hospital union targets UC executive pensions
http://www.sfbg.com/politics/2013/05/07/hospital-union-targets-uc-executive-pensions-video

California Healthline: CalPERS Seeks To Drop Health Benefits for Ineligible Individuals
http://www.californiahealthline.org/articles/2013/5/7/calpers-seeks-to-drop-health-benefits-for-ineligible-individuals.aspx

Lompoc Record: Pension monster lurking on the horizon
http://www.lompocrecord.com/news/opinion/editorial/commentary/pension-monster-lurking-on-the-horizon/article_fb467324-b6cc-11e2-8aad-0019bb2963f4.html

Los Angeles Daily News: Koch bros might be the best thing that ever happened to the LA Times
http://www.dailynews.com/ci_23189212/koch-bros-might-be-best-thing-that-ever

CalPensions.com: CalPERS won't refinance San Bernardino debt
http://calpensions.com/2013/05/06/calpers-wont-refinance-san-bernardinos-debt/

San Bernardino Sun: San Bernardino's library director quits over pension
http://www.sbsun.com/news/ci_23178205/san-bernardinos-library-director-quits-over-pension

Inside Bay Area: Oakland Tribune editorial: Bill Pollacek warned of pension crisis before most were listening
http://www.insidebayarea.com/opinion/ci_23182881/oakland-tribune-editorial-bill-pollacek-warned-pension-crisis

North Coast Journal: Hemorrhaging Money, County Proposes Layoffs, Furloughs
http://www.northcoastjournal.com/Blogthing/archives/2013/05/03/hemorrhaging-money-county-proposes-layoffs-furloughs

CNBC: Where CalPERS And CalSTRS Are Putting Money
http://video.cnbc.com/gallery/?video=3000165271

Reuters: Calpers: bankrupt San Bernardino has more cash than first admitted

http://newsandinsight.thomsonreuters.com/Legal/News/2013/05_-_May/Calpers__bankrupt_San_Bernardino_has_more_cash_than_first_admitted/

Press-Enterprise: SAN BERNARDINO: City hopes to move bankruptcy case along
http://www.pe.com/local-news/politics/imran-ghori-headlines/20130507-san-bernardino-city-hopes-to-move-bankruptcy-case-along.ece

The Reporter: Revenues top expenses in Solano County
http://www.thereporter.com/news/ci_23196607/revenues-top-expenses-solano-county

Sacramento Business Journal: Union for UC patient care technical workers authorizes strike
http://www.bizjournals.com/sacramento/news/2013/05/08/uc-strike-patient-care-technical-workers.html

Pasadena Star-News: Aleta Sprague: Forced retiremet plan is good for California's workers
http://www.pasadenastarnews.com/opinions/ci_23195207/aleta-sprague-forced-retiremet-plan-is-good-californias

Governing: A New Way to Tame the Public-Pension Beast? - Governing
http://www.governing.com/blogs/bfc/col-adjustable-pension-plan-defined-benefit-contribution-cash-balance.html

Reuters: New York probes pension advances, subpoenas 10 companies
http://newsandinsight.thomsonreuters.com/New_York/News/2013/05_-_May/New_York_probes_pension_advances,_subpoenas_10_companies/

Fox Business: Calpers to Vote in Favor of Stripping Dimon of Chairman Title
http://www.foxbusiness.com/business-leaders/2013/05/08/calpers-to-vote-in-favor-stripping-dimon-chairman-title/

Reuters: Second New York City pension fund unloads gun stocks
http://www.reuters.com/article/2013/05/08/usa-pensions-guns-idUSL2N0DP1ZA20130508

Newsday: Conn. legislature mulls worker retirement access - Newsday
http://www.newsday.com/news/region-state/conn-legislature-mulls-worker-retirement-access-1.5215928

Governing: Appreciating Public Servants in an Age of Cynicism
http://www.governing.com/gov-institute/funkhouser/col-boston-marathon-bombing-police-appreciating-public-servants.html

KERO-TV 23: Shannon Grove bill against federal bailout of Calif. pension killed by Assembly committee
http://www.turnto23.com/news/state/shannon-grove-bill-against-federal-bailout-of-calif-pension-killed-by-assembly-finance-committee

San Francisco Bay Guardian: Hospital union targets UC executive pensions
http://www.sfbg.com/politics/2013/05/07/hospital-union-targets-uc-executive-pensions-video

California Healthline: CalPERS Seeks To Drop Health Benefits for Ineligible Individuals
http://www.californiahealthline.org/articles/2013/5/7/calpers-seeks-to-drop-health-benefits-for-ineligible-individuals.aspx

Lompoc Record: Pension monster lurking on the horizon
http://www.lompocrecord.com/news/opinion/editorial/commentary/pension-monster-lurking-on-the-horizon/article_fb467324-b6cc-11e2-8aad-0019bb2963f4.html

Los Angeles Daily News: Koch bros might be the best thing that ever happened to the LA Times
http://www.dailynews.com/ci_23189212/koch-bros-might-be-best-thing-that-ever

PublicCEO.com: Math Should Trump Politics in California Pension Debate
http://www.publicceo.com/2013/05/math-should-trump-politics-in-california-pension-debate/

Sacramento Bee: Committee Calls Hearing On CalPERS Long-Term Care Insurance
http://www.sacbee.com/2013/05/02/5388222/the-state-worker-committee-calls.html

Long Beach Press-Telegram: CalPERS Board Needs Makeover
http://www.presstelegram.com/opinions/ci_23149889/calpers-board-needs-makeover-editorial

Vallejo Times-Herald: Brown needs to speak up for his pension plan
http://www.timesheraldonline.com/editorial/ci_23154163/brown-needs-speak-up-his-pension-plan

Electric Light & Power: California: CalPERS Committed to Sustainable Business Operations
http://www.elp.com/news/2013/05/01/california-calpers-committed-to-sustainable-business-operations.html

Bakersfield Californian: SHANNON GROVE: California's pension system shouldn't be next government bailout
http://www.bakersfieldcalifornian.com/opinion/hot-topics/x568090241/SHANNON-GROVE-Californias-pension-system-shouldnt-be-next-government-bailout

The Economist: The not-so-Great GASB
http://www.economist.com/blogs/buttonwood/2013/05/pensions

Sacramento Bee: New measure of economy will include focus on government pensions
http://www.sacbee.com/2013/04/24/5368804/new-measure-of-economy-will-include.html#mi_rss=Latest%20News?utm_source=feedly

San Jose Mercury News: Pension reform: Let's be bold but prudent in making changes to CalPERS
http://www.mercurynews.com/opinion/ci_23105879/pension-reform-lets-be-bold-but-prudent-making

Sacramento Bee: Move by CalPERS gives governor leverage in union contract talks
http://www.sacbee.com/2013/04/25/5369852/move-by-calpers-gives-governor.html

Reuters: California city council finds it can't afford to quit Calpers
http://newsandinsight.thomsonreuters.com/Legal/News/2013/04_-_April/California_city_council_finds_it_can_t_afford_to_quit_Calpers/

Victorville Daily Press: Another signpost on the road to California's ruin
http://www.vvdailypress.com/articles/road-40050-ruin-signpost.html

Long Beach Press-Telegram: Unfunded pension promises coming home to roost: Editorial
http://www.presstelegram.com/opinions/ci_23098681/unfunded-pension-promises-coming-home-roost-editorial

News10.net: No health changes for Calif. public employees
http://www.news10.net/news/article/242534/2/No-health-changes-for-Calif-public-employees

San Jose Mercury News: Mercury News editorial: San Jose voted for public arbitration, so residents should show up
http://www.mercurynews.com/opinion/ci_23097836/mercury-news-editorial-san-jose-voted-public-arbitration

Bloomberg: Two Advances for Pension Transparency
http://www.bloomberg.com/news/2013-04-24/two-advances-for-pension-transparency.html

Steve Lopez in the Los Angeles Times: Time for public employee unions to pick up the tab
http://www.latimes.com/news/local/la-me-0424-lopez-concede-20130423,0,2408679.column?utm_source=feedly

Los Angeles Times: Even Steve Lopez wants unions to make concessions. You agree?
http://www.latimes.com/local/lanow/la-me-ln-even-steve-lopez-wants-unions-to-make-concessions-you-agree-20130424,0,986471.story

Sacramento Bee: The 'blanket' over California retired annuitants' executive pay
http://blogs.sacbee.com/the_state_worker/2013/04/the-blanket-over-california-retired-annuitants-executive-pay.html

The Almanac Online: Get city employee costs under control, residents urge Menlo Park Council
http://www.almanacnews.com/news/show_story.php?id=13512

San Jose Mercury News: Prosecutor who retired 3 weeks ago is rehired by San Mateo County for same pay, plus pension
http://www.mercurynews.com/peninsula/ci_23092589/prosecutor-who-retired-3-weeks-ago-is-rehired

Capitol Weekly: Backlash feared if pensions fight for funds
http://www.capitolweekly.net/article.php?_c=11dqrkn2iukpwc3&xid=11dqqy10ryclr7i&done=.11dqrkn2iul0wc3

Thomson Reuters News & Insight: Bankrupt San Bernardino votes to pay Calpers, not bondholders
http://newsandinsight.thomsonreuters.com/Legal/News/2013/04_-_April/Bankrupt_San_Bernardino_votes_to_pay_Calpers,_not_bondholders/