Pension Update – CSFA’s weekly round-up of public pension news and comment

Here is a weekly round-up of news and opinion on the pension issue. Stay informed on this important issue and pass these on to neighbors and colleagues.

California Stories

OPINION Gov. Jerry Brown stands up to union on pensions (OC Register)

California is putting retirees at risk with social justice pension investments (Washington Examiner)

SLO County will cover its pension shortfall by making employees pay more (SLO Tribune)

Public works, libraries, city offices closed as Oakland workers strike (KTVU)

Editorial | State-crushing ‘California rule’ on pensions must go (San Diego Union Tribune)

OPINION California needs fiscal restraint – even in good times (OC Register)

CalPERS Chief Operating Investment Officer Steps Down (Institutional Investor)

Letter: Get rid of all pensions for public employees (Modesto Bee)

Report blasts CalPERS’ environmental and social ‘activism’ (Sacramento Bee)

National Stories

How big will Conyers’ pension be? (The Detroit News)

Stapleton says PERA reforms necessary to avoid state credit downgrade (The Gazette (Colo.))

Christie makes final pitch for more public employee benefit reforms (Burlington County Times)

Christie proposes slashing health benefits for pension funding (

Christie Panel Says Only Benefit Cuts Can Fix N.J. Pensions (Bloomberg)

Retirement dream — more money for travel, less for health care? (Chicago Sun Times)

Editorial: Even Rauner knows he's failed (Quad City Times)

Op-Ed: Pension reform isn't anti-public employee (Traverse City Record Eagle)

Green Investments Won’t Save Public Pensions (Value Walk)

Public Pension Funds' Anti-Fossil Fuel Activism Raises Risks For Beneficiaries (Forbes)

Pension Funds' Rush to Go Green Costs Retirees Their Green (Real Clear Markets)

Column: Act now to fix pension system (Detroit News)

Kate Brown to business leaders: State budget troubles linger (The Oregonian)

Rising retirement costs are placing pressure on college tuitions (East Oregonian)

Hearings To Begin In Lansing On Local Pension Funding (WEMU)

Philly union presses pensions to drop nonunion hotel funding (Philadelphia Inquirer)

Offering pensions can help autocrats stay in power longer (Washington Post)

CVS acquisition of Aetna affects $23 billion in retirement assets (Pensions & Investments)