The CalPERS' governing board during a meeting several years ago at the pension fund's headquarters. (Photo: CalPERS board)A tentative CalPERS proposal would limit the board president and committee chairs to four consecutive one-year terms, a policy that could end the long-running presidency of Rob Feckner in 2017. He has presided over times good and bad at the nation’s largest state public pension system.
CalPERS' headquarters in Sacramento. (Photo: Coolcaesar/en.wikipedia)Calpensions: After the CalPERS staff gave the board a correction last week for providing misinformation about private equity fees, the board member who has been grilling staff on the issue walked out of a private staff meeting because he was not allowed to record it.
At first glance, comparing the roles of the President and the California Governor with regard to the lawmaking processes of their respective governments appears to be an esoteric exercise for ivory tower academics. Our students often ask, “Why is it important that I be able to compare the respective powers and prerogatives of the President and the Governor? Is it not enough for me to know what the President can do in the federal system, and what the Governor can do in the California system?”
California Gov. Jerry Brown at a public event. His wife, Anne Gust Brown, is in the background. (Photo: Randy Miramontez)A little-known panel of Gov. Brown’s top administration officials is poised to play a critical role in his fourth and final term as governor. The newly funded Strategic Growth Council, or SGC, is a cabinet-level body with a portfolio that cuts across virtually all aspects of California government.
As a deadline loomed, Gov. Brown struck down legislation to grant state Attorney General Kamala Harris more authority over nonprofit hospital mergers. The attorney general — a position he once held — already has sufficient authority, he said Monday in his veto message.
Calpensions: In a new step to expose hidden debt, the Governmental Accounting Standards Board last week proposed that retiree health care debt or “unfunded liability” be reported on the face of government financial statements, not buried inside.
ELECTION 2014: Dan Schnur, a veteran Republican who dropped his party preference three years ago, has worked for years behind the scenes for elected officials as a communications expert and political strategist. But now he wants to be an elected official himself: He is in a crowded field of contenders for secretary of state. The top two vote-getters will confront each other in the November general election.
Voter approval of the job that Democrat Jerry Brown is doing as Governor has reached a new high. At present, 59% of registered voters approve of his performance in office, nearly twice the proportion (32%) who disapprove. Brown also holds a huge preference lead when likely voters in the June open primary election are asked whom they would support if the election were being held today.
Three state Senators – one convicted of voter fraud and perjury and the other two facing federal corruption charges – were suspended from office Friday effective immediately. The Senate voted 28-1 to suspend Sens. Leland Yee of San Francisco, Ron Calderon of Montebello and Rod Wright of Inglewood – all Democrats.
OPINION: The Congressional Budget Office report also shows that under the hike to $9 per hour, 300,000 people would be lifted out of poverty. However, another estimated 100,000 to 200,000 people would lose their jobs. If the wage increases to $10.10 per hour the number of people being raised out of poverty would rise to 900,000 while 500,000 people would lose their jobs.