Data: No correlation between teacher compensation and performance Chaffey Joint and Anaheim Union High’s teachers lead state with average compensation over $115,000 TUSTIN — K-12 employee compensation data released today by Transparent California […]
OC Register: CSU system continues to swell from administrative bloat
The Orange County Register published an editorial today which draws heavily on Transparent California’s data: Administrative bloat has increasingly become a problem for California schools at all levels, from K-12 through the […]
Governing Magazine: Why We Need to Take the ‘Fire’ Out of ‘Fire Department’
Oregon’s former Secretary of State, Phil Keisling, weighs in on the reality that most fire departments are primarily responding to EMT calls, and offers some interesting solutions: This isn’t just a big-city […]
Unfunded liabilities as quicksand: Why it is so difficult to return to funded status
PensionTsunami.com brings us these remarkably insightful remarks from David Crane that explain why – when already carrying an unfunded liability – a pension system needs to outperform, not merely hit, their investment target in order […]
Transparent California Releases 2014 Salary Data for California State and University Employees
Transparent California Releases 2014 Salary Data for California State and University Employees Average State compensation package is $110,663; Average CSU compensation is $103,864 TUSTIN — Today, TransparentCalifornia.com released previously unseen 2014 salary […]
Transparent California Releases University of California’s 2014 Pension Data
Transparent California Releases University of California’s 2014 Pension Data Average UC pension is $91,430; UC San Francisco leads system with average pension of $102,899 TUSTIN — Today, TransparentCalifornia.com released previously unseen 2014 […]
Over 8,000 LA County Retirees Made at Least $100k in Pension Pay as Taxpayer Cost Soars
Over 8,000 LA County Retirees Made at Least $100k in Pension Pay as Taxpayer Cost Soars Last year, 8,088 retirees in the Los Angeles County Employees’ Retirement Association (LACERA) received yearly pension and […]
Retired San Diego Parks and Recreation Director Tops 2014 Pension List with $756,000 Payout
Today, Transparent California posted the San Diego City Employees’ Retirement System 2014 pension data. The report showed 809 retirees received payouts of at least $100,000, an 11% increase from the previous year, […]
Nobel Laureate: Public Pensions are a “Disaster” and Rely on “Idiotic” Accounting
Nobel laureate William F. Sharpe spoke to the Financial Analysts Journal on how public pension plans use inappropriately high discount rates to understate their true liability: Are public pensions a problem? You bet. […]
CalPERS looks at long-term rate hike to cut risk
CalPERS recognizing their discount rate is inappropriately high; yet political pressure is used as a counter argument against adopting a fiscally sound rate!