A bill that started out as Gov. Brown’s proposal to restructure the CalPERS board emerged from the Legislature last week as a more modest change: a requirement that CalPERS board members receive 24 hours of education in pension fund operations.
Payments seven judges make toward their pensions would be cut nearly in half by a bill approved last week in a Senate committee, despite a warning from the chairwoman of a “slippery slope” undermining the governor’s pension reform.
OPINION: Today we have a tremendous opportunity to address this crisis. Thanks to health care reform and a growing, aging population, employment in the health services sector is projected to grow far faster than California’s economy overall – 27 percent by 2020. Many of these are good jobs – positions like radiology technician and therapy assistant – that pay $35,000 or more a year without requiring a college degree. And men of color are significantly underrepresented in these fields.
OPINION: Seemingly every decade or so, California’s workers’ compensation system is deemed to be “fixed — once and for all.” And yet, like clockwork, each subsequent round of changes to workers’ compensation brings about unintended consequences once in effect.
OPINION: Nearly a year has passed since the California State Teachers Retirement System (CalSTRS) asked you and the Legislature to address a pension deficit for which it seeks a 30-year $240 billion cash injection, starting with $4.5 billion per year.
In the months since the FBI raided the offices of Senator Ron Calderon, the most interesting thing that’s happened in the State Capitol is what hasn’t happened in the State Capitol. Unlike broader efforts for political reform that accompanied previous corruption scandals, there has been barely a peep from California politicians of either party about the need to clean up a system that has become consumed by non-stop fundraising.
A major public pension reform initiative got a mixed cost analysis last week from the nonpartisan Legislative Analyst’s Office. The measure would give state and local governments the option of cutting retirement benefits current workers earn in the future, while preserving benefits already earned through past service.
OPINION: In mid-October, San Jose Mayor Chuck Reed announced he was taking steps to put a measure on the November 2014 ballot to give local politicians the power to break their promises to teachers, firefighters, police officers and other public employees to provide them with a secure retirement.
A freshman Republican in the California State Senate is pushing against the grain to change his party’s congressional position on immigration reform.
The Affordable Care Act not only drastically changes how health care is delivered but sharply alters the underpinnings of California’s economy. To get a deeper sense of health care reform’s impact on the Golden State, Capitol Weekly talked to Micah Weinberg, PhD, a senior policy advisor at the Bay Area Council and CEO of Healthy Systems Project, a health care consulting firm based in Sacramento.