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
San Bernardino County employees pension fund posts 5% return for fiscal year
https://www.pionline.com/pension-funds/san-bernardino-county-employees-pension-fund-posts-5-return-fiscal-year
California considers giving tax exemption to military pensions
https://www.cpapracticeadvisor.com/2023/08/09/california-considers-giving-tax-exemption-to-military-pensions/93046/
Will California stop taxing military pensions?
https://www.kiplinger.com/taxes/california-tax-on-military-pensions
NATIONAL NEWS
New England Pension Plan bolsters private debt portfolio
https://www.fin-news.com/2023/08/08/new-england-pension-plan-bolsters-private-debt-portfolio/
The risks hidden in public pensions funds
https://www.nytimes.com/2023/08/04/business/private-equity-public-pension-funds.html
Governor Beshear proposes salary, pension changes for Kentucky State Troopers
https://www.wave3.com/2023/08/10/governor-beshear-proposes-salary-pension-changes-kentucky-state-troppers/
Texas Pension sees investment staff retirement
https://www.fin-news.com/2023/08/09/texas-pension-sees-investment-staff-retirement
Oregon Pension Fund takes more risk than it discloses, financial sleuth tells NYT
https://www.wweek.com/news/2023/08/07/oregon-pension-fund-takes-more-risk-than-it-discloses-financial-sleuth-tells-new-york-times/