The total pension benefits promised by the San Diego County Employees’ Retirement Association (SDCERA) increased 1,237 percent from 1986-2016 — an amount which is over 300 percentage points more than the increase […]
John and Ken Show 7/23/18
The good folks over at the John and Ken show had me on yesterday to discuss our latest report, in which we documented a nearly 900% increase in promised CalPERS pension benefits over […]
Transparent California helps uncover massive fraud in LA school district
On Monday, the Los Angeles County Office of Education and the Fiscal Crisis and Management Assistance Team (FCMAT) released their “Extraordinary Audit of Montebello Unified School District.” In the introduction, the audit cites […]
Marin County promised pension benefits up nearly 1000%, dwarfing rate of economic growth
The total pension benefits promised by Marin County increased 982 percent from 1986-2016 — a rate 58 times greater than the cumulative increase in the county’s population, according to a just-released analysis […]
Nearly 900% increase in CalPERS benefits dwarfs economic growth, taxpayers’ ability to pay
The total pension benefits promised by the California Public Employees’ Retirement System (CalPERS) increased 886 percent from 1987-2016 — a rate 21 times greater than the cumulative increase in the state’s population, […]
Marin union votes to strike
Despite the fact that local government workers in Marin County receive wages higher than local government workers in over 99 percent of counties nationwide — even after adjusting for regional cost differences […]
Despite wages that rank in the top 1% nationwide, Marin union considers striking
Update: Strike was approved on 6/20/18. The average wage for Marin County local government workers is richer than what their peers in 99.8 percent of counties nationwide receive, according to new wage data […]
