Posts Tagged: previous

News

A peek under the Capitol’s hood

State Capitol in Sacramento. (Photo: Shuttesrstock)

This is the final installment in a series of articles dealing with the procedural myths and realities of the California Legislature.

News

CalPERS acts to cut earnings forecast, raise rates

CalPERS' governing board during a 2013 meeting. (Photo: CalPERS board)

Calpensions: A key committee yesterday approved a drop in the often-criticized CalPERS investment earnings forecast, gradually raising record rates already being paid by state and local governments, if approved as expected by the full board today.

News

Brown, lawmakers hunt Medi-Cal money

Demonstrators seeking more funding for health care coverage gathered recently at the state Capitol. Inside, the Senate voted to expand coverage to undocumented choldren. (Photo: Alvin Chen, Capitol Weekly)

Hoping to fill a “billion-dollar hole,” lawmakers were poised to gather in a special session to figure out new sources of funding for the state’s complex health care programs – including Medi-Cal.

News

Cap-and-trade: Transportation fuels on the block

As rush hour approaches, traffic on the Golden Gate Bridge. (Photo: Frontpage)

Permission slips covering an array of fuels used in California – and which account for nearly 40 percent of the state’s carbon emissions – will be put on the auction block as part of the state’s landmark law to curb climate-changing greenhouse gases.

News

State controller: Merced County lowest on pension funding

Merced County pensions may have the lowest funding level of any public pension system in California, a shortfall officials attribute to a big retroactive pension increase for all county employees a decade ago and faulty actuarial work. In the latest annual public pension report from the state controller’s office, Merced County stands out with the lowest level of funding in the last reported year, 54.7 percent in 2010-11.

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