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Reporter Ed Mendel covered the Capitol in Sacramento for nearly three decades, most recently for the San Diego Union-Tribune. More stories are at Calpensions.com. New York state pension systems are better funded than California state pension systems, currently take a smaller bite out of state and local government budgets, and still provide pension benefits well … Continue reading New York Pension Systems Outperform California

Reporter Ed Mendel covered the California capitol in Sacramento for nearly three decades, most recently for the San Diego Union-Tribune. More stories are at Calpensions.com. A paper issued by Stanford graduates seven years ago helped shift public focus to what critics call a “hidden” pension debt. Now a paper issued by UC Berkeley’s Haas Institute … Continue reading Paper Argues Full Pension Funding Not Needed

Reporter Ed Mendel covered the California Capitol in Sacramento for nearly three decades, most recently for the San Diego Union-Tribune. More stories are at Calpensions.com. CalPERS board members voted last week to cut the pensions of about 200 former employees of a disbanded job-training agency known as LA Works, unless the four founding cities agree … Continue reading CalPERS Cuts LA Works Pensions: Who’s at Fault?