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

Marin Voice: Pension reformers pleased with state court’s pension ruling (Marin Independent Journal)

Joel Fox: LAUSD’s rushed parcel tax threatens local businesses (LA Daily News)

California and other state pensions fought guns and tobacco. Why aren’t they divesting from opioids? (Bloomberg)

New pension-cut rulings begin with little change (Fox & Hounds)

Appeals court debates possible resolutions to San Diego pension case (San Diego Union Tribune)

Courts tackle San Diego pension reform initiative (10 News San Diego)

Rating agencies weigh in on California pension ruling (Bond Buyer)

Personal data for 1,000 pensioners accessed from OC Sanitation District (OC Register)

Editorial | Court ruling didn’t solve California pension crisis (Santa Cruz Sentinel)

California state workers in L.A., San Francisco should be paid more, new report finds (Sacramento Bee)

CalPERS Says No to Legislation Forcing It to Divest from Private Prisons (Chief Investment Officer)

CalPERS to weigh approving outside entities to manage private equity investments (Pensions & Investments)

National Stories

Shortfalls in Funding State Government Employee Pensions (Independent Institute)

Sweeney: More health care savings possible than in Murphy’s budget (Burlington County Times)

Pension payments to hold steady for most retired public employees in the WRS, state officials say (Wisconsin State Journal)

Opinion Spotlight: Revolt of the tax payers? (Peoria Journal-Star)

COMMENTARY: Blame government unions, not illegals, for financial woes (Las Vegas Review-Journal)

Sweeney defends pension reform plan at town hall (Burlington County Times)

Thomas Mitchell: Do not shroud public pensions in secrecy (Elko Daily Free Press (Nev.))