In its first ever assessment of climate change’s potential impacts on pension risk, the California Public Employees Retirement System has found that 20% of its investments are in sectors vulnerable
More than a thousand public retirees in California are earning pensions that exceed the federal limit of $220,000, according to data from CalPERS.
The California Supreme Court issued a much-anticipated ruling on public employee pension benefits Monday, but left a larger and much more consequential question about vested pension rights intact.<
A controversial retirement program that paid some L.A. public safety workers double toward the end of their careers is headed for change following a series of investigative reports by the Los Angeles Times.
We’re nearly two weeks into a legal case that could have enormous implications for California’s future.
The cities of Burbank, Glendale, Pasadena, and Pomona have now hit the maximum allowable sales tax rate of 10.25%.