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…
Four Los Angeles retirees collected $1 million-plus pension payouts last year
Four Los Angeles police and fire retirees collected over $1 million apiece in pension payouts last year, according to…
How the City of Fresno dodged the pension tsunami: providing comfortable, but not exorbitant benefits
Today, Transparent California released 2015 pension payout data from the City of Fresno Retirement Systems (CFRS) — the first…
Average 2014 pensions for California’s 20 independent county retirement systems
Transparent California now has 2014 pension data for virtually every major California government agency. In addition to the 2014…
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 –…
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…
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…
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…