As this article in the Sacramento Bee explains, CalPERS is doing everything it can to avoid cuts to its funding including a "smoothing" plan, which will shift its deficit to taxpayers over the next 30 years. As the article concludes, what really needs to happen is a top-to-bottom review of the public pension system to stop this money hemorrhaging once and for all.

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Sacramento -- They say a picture is worth a thousand words. Therefore, a video of SEIU leaders allegedly beating a State worker must be worth … a million?

“This story shows what we’ve known for years in the Capitol: the SEIU wants you to know that you disagree with the SEIU at your own peril,” said Jon Coupal, President of the Howard Jarvis Taxpayers Association. “But the public is beginning to see SEIU’s true colors – and the only purple we see are the bruises on their reputation.”  Read more >>

In this investigative piece, CBS13 Sacramento went undercover to report on more than 52 CALTRANS workers who attended a 4-day convention at a luxury resort in Desert Springs...in violation of the department own internal policy, and a travel ban ordered by Governor Schwarzenegger. The estimated cost to California taxpayers: more than $28,000.

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In this editorial on FlashReport.org, Ray Haynes explains how while serving as Vice Chair of the Senate Committee PERS, he stood firm against the Government Employee Unions’ numerous requests for higher pensions, knowing that this would lead to bankruptcy of the state. Finally, individuals such as State Treasurer Bill Lockyer are realizing that Haynes' position is right. However, as Haynes suggests, the Legislature needs to embrace the same position and start limiting the power of the labor unions.  Read more >>

As this article in the OC Register shows, the state government is facilitating double-dipping in the pension funds by providing a job database, called Boomerang, exclusively for state retirees. Almost 5,600 people are now drawing double checks from the state, while thousands remain unemployed and the state struggles to stay afloat.

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