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Articles Tagged: "public union pensions"

public union pensions

OPINION: The Pension Fund That Ate California

City Journal's Steven Malanga tells the story of how CalPERS went from a once prudently managed pension system for California's public sector workers to an over bloated, highly politicized advocate for special interests that may be the State's undoing.

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NEWS: Public retiree health crisis looms

Contra Costa Times reports cities, counties and school districts throughout California are fighting to survive under the burden of soaring costs for public worker retiree health care.

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NEWS: $1 Billion DROP Salary Scandal: L.A. Cops, Firefighters Allowed to Double-Dip Into City Funds

L.A. Weekly's Simone Wilson highlights KCET's documentary on the LAPD & LAFD's deferred retirement option plan, or DROP, which allows retiring personnel to collect their salary and pension for the last five years in one lump sum.

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