Posts Tagged: 49

Opinion

Builders, contractors: Numbers tell the tale

Workers on a large construction project in Laguna Niguel. (Photo: Steve Bruckmann)

OPINION: Associated Builders and Contractors Northern California President Michele Daugherty’s misleading Jan. 3 op-ed article in the Capitol Weekly is drastically in need of an insertion of some true facts. Daugherty bitterly complained about a bill that expanded a successful, state-approved pre-apprenticeship program. She also stated in the article that she has “many reasons to be proud” of her organization’s 1,200 members, a number that gives her a market share of only 0.425 percent of the 282,063 licensed contractors in the state of California.

News

CalPERS’ investment earnings climbing steadily

CalPERS headquarters, Sacramento. (Photo: Wikipedia)

Calpensions: Three years ago CalPERS investment earnings hit bottom in a Wilshire consultants report that ranks the performance of big pension funds — dead last among its peers over the previous five years. Last week a new Wilshire report showed CalPERS investment earnings steadily climbing up the ranks, finishing in the top quarter of big pension funds during the last three years.

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