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…
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…
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…
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…
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…
Why Public Pension Forecasters Consistently Get it Wrong
The Reason Foundation has a fantastic article on the systemic, behavioral bias at play in making public pension actuarial assumptions….
Contra Costa County Schools Hit with Rate Increase to Fund Sanitary District’s $100k+ Pensions
Transparent California was featured in the Contra Costa Times and the OC Register today! From the Contra Costa Times op-ed,…
The Bakersfield Californian on Golden Empire Transit’s Pay Disparity
The Californian reports: Between 2012 and 2013, GET’s 10 highest-paid administrative employees received raises averaging more than 6 percent, according…
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