How are cities across California responding to the ballooning cost of pensions in the state? CALmatters Reporter Judy Lin explores a case study in Richmond where priority police and library services are already being cut.
In our ongoing series on California’s Pension Crisis, we hear the stories of some retirees who argue the benefits aren’t excessive. Reporter Sam Harnett guides us through the tales of three California retirees.
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Gov. Jerry Brown was confident his-12 point plan could reform California’s pension crisis. Five years later, the state’s unfunded liabilities continue to pile up with little change. CALmatter’s Judy Lin explains why the plan failed to progress.
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.
When California lawmakers cut a deal to increase public employee pensions, the state had a very different economic climate. We’ll talk with LA Times reporter Jack Dolan about the pension gap and what he’s learned about it.