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
How Gavin Newsom’s budget side-steps the growing cost of CalPERS pensions, for one year
https://calmatters.org/politics/2024/04/calpers-pension-cost/
NATIONAL NEWS
Brown announces restoration of nearly 530 pension for the teamsters local 73 pension plan
https://www.brown.senate.gov/newsroom/press/release/sherrod-brown-announces-restoration-nearly-530-pensions-teamsters-local-73-pension-plan
How Chicago got buried under a mountain of pension debt
https://chicago.suntimes.com/2024/04/12/chicago-got-buried-under-mountain-pension-debt-34-billion-ralph-martire-column
CWA union fights back against so-called pension de-risking
https://www.forbes.com/sites/teresaghilarducci/2024/04/13/cwa-union-fights-back-against-so-called-pension-de-risking/?sh=4460ad405335
Dallas public safety pension faces z$160M increase in unfunded liabilities
https://www.keranews.org/news/2024-04-12/dallas-public-safety-pension-faces-160-million-increase-in-unfunded-liabilities