2011 PORAC Conference, Power Point Presentation

The biggest pension fund for California teachers, CalSTRS, is experiencing a massive funding gap and the California Governmental Accounting Standards Board (GASB) is proposing new accounting rules for calculating the fund’s liabilities that will make ...

CalPERS CEO Issues Statement on Governor's Pension Reform Proposal SACRAMENTO, CA – Anne Stausboll, Chief Executive Officer of the California Public Employees’ Retirement System (CalPERS), today issued the following statement in response to Governor Edmund ...

How Governor Brown’s Pension Reform Plan Affects Public Safety It appears that Governor Brown has offered some amnesty to Public Safety in his Pension Reform Plan released today at 11:00am, but public safety will be ...

Main Points of Governor Brown’s Pension Reform Plan 1. Equal Sharing of Pension Costs: All Employees and Employers 2. “Hybrid” Risk-Sharing Pension Plan: New Employees 3. Increase Retirement Ages: New Employees 4. Require Three-Year Final ...

 As the movement for pension reform gains momentum in Sacramento and throughout California public employee organizations need to carefully look at their message, much of which has not changed in many years. First, public sector ...