Posts Tagged: average
A liquid nitrogen bank containing a suspension of stem cells. (Photo: Elena Pavlovich, via Shutterstock)
OPINION: The Golden State boasts the 5th largest economy, the biggest and best public university systems and, thanks to support from California voters, it’s the global epicenter for advancing stem cell research and treatments for chronic diseases and conditions that will afflict nearly all California families.
Photo illustration of the coronavirus in California. (Photo: Maridav, via Shutterstock)
COVID-19 cases in California are spiking dramatically — more than 6,600 new cases on Tuesday alone — and scientists predict California will double its transmission rate every four to five weeks. On Wednesday, the death toll spiked to 98, bringing to 5,725 the total number of deaths so far.
The state Capitol in Sacramento. (Photo SchnepfDesign, via Shutterstock)
Clearly, Washington, D.C., and Sacramento share many things in common — including such negatives as a hyper-heated political culture, insularity and a pervasive sense of entitlement. And California’s Legislature is obviously based upon the federal legislative model. Nonetheless, their legislative rules are different, so let’s take a look at some of the major distinctions.
A view towards Palo Alto, Stanford and the cities of south San Francisco Bay, where housing is at a premium.(Photo: Sundry Photography)
California lawmakers are in midst of trying to solve a housing crisis that has spread throughout the state. The state’s Department of Housing and Community Development — an agency that works to expand access to affordable housing — says California has built an average of 80,000 homes a year for the past decade, which is less than half of the 180,000 new homes needed to keep up with the predicted population growth through 2025.
The CalPERS' governing board during a meeting several years ago at the pension fund's headquarters. (Photo: CalPERS board)
California pension funds take a bigger share of tax revenue than the national state average, a research website shows. Why the growing costs are outpacing the norm is not completely clear. A prime suspect for some would be overly generous pensions, particularly what critics say is an “unsustainable” increase for police and firefighters widely adopted to match a big increase given the Highway Patrol by SB 400 in 1999.
San Bernardino police officers, members of the SWAT team. (Photo: Juno Kughler Carlson, omnitrans.org) omnitrans.org
San Bernardino’s plan to exit bankruptcy, possibly next year, cuts the pensions of 23 retired police officers who receive an unusual supplement to their regular CalPERS pension. The supplement boosts pensions to the same amount now common among police and firefighters, a standard set by the Highway Patrol in a CalPERS-sponsored bill, SB 400 in 1999.
Calpensions: Employer and employee groups are urging CalPERS to “undertake all efforts” to avoid the “Cadillac Tax,” a 40 percent tax on high-cost health plans imposed in 2018 by President Obama’s health care law, a CalPERS staff report said this month. But it’s far from clear that one of those efforts will be Gov. Brown’s proposal to give state workers the option of a low-cost plan with a high deductible, even though the administration mentions the looming penalty tax as a reason for offering the plan.
Coastal housing in Laguna Beach. (Photo: John Bilous)
For decades, people living in California paid more for shelter than those in most of the rest of the country. But during the 1970s, “the gap started to widen. Between 1970 and 1980, California home prices went from 30 percent above U.S. levels to more than 80 percent higher,” the Legislative Analyst’s Office reported. Today, the average California home costs $440,000, or two-and-half-times the average price tag of $180,000 for a home across the country.
Calpensions: A new comparison with four other large public pension funds found that CalPERS, while scoring average on service, had high pension administration costs — $213 per member a year, nearly twice the average of $108 per member.
OPINION: That’s why our organizations, the California Medical Association and the Central Valley Health Network, strongly oppose Proposition 46 on the November 2014 ballot. We have joined a broad coalition that includes doctors, community health centers, hospitals, local governments, the ACLU, Planned Parenthood, business and labor groups and many others to fight this misleading ballot measure.