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News

Stem cell: Knee arthritis in new $33 million research plan

A Liquid Nitrogen bank containing a suspension of stem cells. (Photo: Elena Pavlovich)

The California stem cell agency this week approved nearly $33 million for clinical stage research projects testing treatments for type 1 diabetes, arthritis of the knee, ALS and an immunodeficiency affliction.

News

CalPERS eyes new rate hike

To cover the cost of retirees living longer, the CalPERS board next month is expected to approve the third rate hike in the last two years, phasing in the increase to soften the blow on state and local governments. The new rate hike would not begin until fiscal 2016-17 to allow employers time to plan after receiving rate projections next year.

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