Posts Tagged: review

News

Assembly power line-up takes shape

Assembly Speaker Toni Atkins announced today the standing committee chairs for the lower house’s 2015-2016 regular session. Earlier this week state lawmakers came to Sacramento to take their oath of office and to officially elect Atkins, a San Diego Democrat, as their leader. Her committee chair lineup is a peek at which members will play a key role in this session’s legislative process

News

Experts: CalSTRS earnings may fall short

The CalSTRS board was told this month that financial experts are forecasting investment earnings of 7 percent a year or less during the next decade, below the 7.5 percent assumed by the pension fund. If that’s correct, long-sought legislation in June that phases in a $5 billion CalSTRS rate increase over the next seven years could fall short of the goal of projecting full funding in three decades.

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