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Understanding Unfunded Liability
Headline: Understanding Unfunded Liability
Publication: National Public Pension Coalition
Article Date: October 30, 2019
“Time and again, articles are published about states with “large unfunded liabilities.” Often, writers and anti-pension critics use large numbers to scare readers into thinking America has a pension crisis. This is a myth. Before falling for pension opponents’ messaging, readers should understand how a plan determines the unfunded liability.” Read Article…
Readers React: We have time to handle the pension liability
Headline: Readers React: We have time to handle the pension liability
Publication: SD Union Tribune
Article Date: November 23, 2019
“Re “Surplus masks California’s sea of red ink” (Nov. 22): Unfortunately, The San Diego Union-Tribune Editorial Board continually refers to the “unfunded liability” of the California Public Employee’ Retirement System (and other government pensions). This endless drumbeat lacks credibility.” Read Article…
Report: Fossil Fuel Investments Cost California Pension Funds Money
Headline: Report: Fossil Fuel Investments Cost California Pension Funds Money
Publication: KPBS
Article Date: November 5th, 2019
“California activists hope a new study powers their bid to get the state’s second-largest pension system to divest from fossil fuel stocks. Fossil Free California says it makes financial sense for the state’s teacher retirement fund to move its investments out of fossil fuel companies.” Read Article…
Help Aging Loved Ones Avoid Fraud
Headline: Help Aging Loved Ones Avoid Fraud
Publication: CalPERS
Article Date: May, 2019
“When it comes to fraud and scam attempts, a particularly hard-hit section of the population is seniors—who just happen to make up a substantial portion of the CalPERS members we serve. To kick off Older Americans Month, we’ve compiled some tips to help you discuss this often difficult subject with your older family members and loved ones.” Read Article…
State and Local Employees Views Their Jobs, Pay and Benefits
Headline: State and Local Employees Views Their Jobs, Pay and Benefits
Publication: National Institute on Retirement Security
Article Date: November, 2019
“At a time when state and local governments are struggling to attract and retain employees to deliver vital taxpayer services, a new national poll finds that retirement and healthcare benefits are critically important job features, more so than salary.” Read Article…