California's Pension Crisis

How a pension deal went wrong and cost California taxpayers billions.

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Ali Budner / Capital Public Radio

State Government

A Case Study On Pension Reform: San Jose's Grand Compromise

December 29, 2016 | Ali Budner

Cities and states across the country are facing public employee pension debt that is challenging and, in some cases, crippling their budgets. But some municipalities are experimenting with ways to solve that problem.

Sam Harnett / Capital Public Radio

Are Public Pension Benefits Excessive? State Workers Say 'No'

November 28, 2016

California faces a $240 billion unfunded pension liability. But retired state workers who receive pensions say they are tired of drawing public blame.

401(K) 2012 / Flickr

Insight With Beth Ruyak

California’s Pension Crisis: What Can We Learn From Illinois?

October 13, 2016

As California continues to navigate the shaky waters of funding billions in state pensions, Illinois could serve as an example of what to avoid. WBEZ’s Dan Weissmann and Cheryl Eason from CalPERS have different opinions on the comparison.

401(K) 2012 / Flickr

State Government

When It Comes To Pensions, Illinois Is California's Ghost Of Christmas Yet To Come

October 10, 2016

As California’s public-employee pension crisis grows—with taxpayers on the hook for hundreds of billions of dollars, and no clear plan for how to pay—other states are facing similar problems and have lessons to teach. Illinois is one of those states.