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 NEWS
Many culprits are to blame for SD’s budget deficit, only starting with pensions
https://www.sandiegouniontribune.com/opinion/letters-to-the-editor/story/2024-02-29/opinion-san-diego-budget-deficit-pension-pla-union-city-workers
CalPERS looks to outsiders, compiles short list for new CIO
https://www.bloomberg.com/news/articles/2024-03-05/calpers-finalizes-cio-short-list-with-outsiders-like-jonathan-grabel?embedded-checkout=true
NATIONAL NEWS
US worker pension pots used to vote down employee benefit proposals
https://www.responsible-investor.com/us-worker-pension-pots-used-to-vote-down-employee-benefit-proposals/
Chicago Fireman pension fund returns 14.5% for FY
https://www.pionline.com/pension-funds/chicago-firemen-pension-fund-returns-145-fiscal-year
NJ panel says ex-city prosecutor not eligible for pension
https://www.law360.com/benefits/articles/1808217/nj-panel-says-ex-city-prosecutor-not-eligible-for-pension
When it comes to Illinois pensions, the problem ‘is getting better, not worse’
https://chicago.suntimes.com/columnists/2024/03/01/illinois-pension-problem-better-jb-pritzker-plan-payments-spending-batinick-rich-miller
Pennsylvania Employees’ Pension reins in PE commitment plans
https://www.wsj.com/articles/pennsylvania-employees-pension-reins-in-private-equity-commitment-plans-df5762ea