Calpensions. CalPERS, CalSTRS and other government pensions
Calpensions. CalPERS, CalSTRS and other government pensions
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Richard W. Raushenbush, a former Piedmont Unified School District Board of Education member and an attorney, wrote an op-ed for the East Bay Times: Increased pension payments threaten state’s schools: In 2014, the Legislature finally addressed the ...
By Ed Mendel Monday, October 27, 2014 The CalSTRS board was told this month that financial experts are forecasting investment earnings of 7 percent a year or less during the next decade, below the 7.5 percent assumed by the pension fund. If the new...
WEST SACRAMENTO, CA—(Marketwired – July 14, 2016) – The California State Teachers' Retirement System today committed up to $2.5 billion to low–carbon strategies in U.S., non–U.S. developed and emerging equity markets. The passively managed equity portfolio...
The latest financial statements of the state’s fifth largest school district, Elk Grove Unified, list a pension debt of $414.6 million, up from no pension debt in the statement for the previous year. How did the debt go from zero to hundreds of millions...
WEST SACRAMENTO, CA—(Marketwired – July 21, 2016) – The California State Teachers' Retirement System last Thursday, July 14, approved policy changes to the Corporate Governance Principles which establish the high–level framework, proxy voting activities...
SOCRATES is an international, refereed (peer-reviewed) and indexed scholarly hybrid open-access journal in Public Administration a...
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Calpensions | CalPERS, CalSTRS and other government pensions
CalPERS, CalSTRS and other government pensions
1 post published by Ed Mendel during January 2015
Annual state report begins showing pension debt | Calpensions
Following new accounting rules, the annual state financial report issued this month shows a “net pension liability” of $63.7 billion, a dramatic increase from the $3.2 billion “net pension obligation”...
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