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,…
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 —…
Former LA Assistant Fire Chief cleared nearly $1.4 million in pension pay last year, new data show
Today, TransparentCalifornia.com released previously unseen 2017 pension data for the Los Angeles Fire and Police Employees’ Pension plan. This…
New 2017 pension data released: CalPERS payouts approach $21 billion, up 43% over past 5 years
Today, TransparentCalifornia.com — California’s largest public pay database — released pension payout data for the California Public Employees’ Retirement…
CalPERS paid out over $20 billion in benefits last year as ‘100K club’ grows to nearly 23,000, new data shows
Update: Membership in the “$100k club” now stands at 62,474, click here for more. Today, TransparentCalifornia.com — the state’s…
Don’t wait for next bankruptcy wave
A new op-ed published in the Vallejo Times-Herald highlights the devastating effects that the public pension crisis can have on…
CalPERS $100k club for Highway Patrol up 15% as taxpayer cost hits an all-time high
The number of annualized pension payouts of $100,000 or more received by former California Highway Patrol (CHP) employees increased…
CalPERS $100k club up 11% in Orange County as Newport Beach experiences state’s largest rate hike
Today, TransparentCalifornia.com released previously-unseen 2015 pension payout data from the California Public Employees’ Retirement System (CalPERS). The over 625,000…
Retired Bell Police Chief’s $288,000 pension tops CalPERS list of Los Angeles-area city retirees
Today, TransparentCalifornia.com released previously-unseen 2015 pension payout data from the California Public Employees’ Retirement System (CalPERS). The over 625,000…
The Press-Enterprise: Tax increase and service cuts loom
A great editorial in today’s edition of The Press-Enterprise: One long-term solution to this problem is simply to have fewer…