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3 Matching News Items

1.  Whittier Daily News Link to more items from this source
Nov. 3, 2011
A pension reform group announced Wednesday it will seek a November 2012 ballot initiative to shrink [California] public employee retirement costs further than the plan Gov. Jerry Brown unveiled last week.
2.  Whittier Daily News Link to more items from this source
Apr. 8, 2010
Excerpt: Reacting to a Stanford University study that found the state's public retirement plans face a shortfall of a half trillion dollars, California Public Employees Retirement System spokesman Brad Pacheco said Tuesday the study was based on outdated data. Pacheco said the policy brief by the Stanford Institute for Economic Policy Research also relies on methodologies out of sync with government accounting rules and actuarial standards of practice.
3.  Whittier Daily News Link to more items from this source
Apr. 12, 2009
Excerpt: What governments are finding in many cases is that the cost estimates are far bigger than they expected. Many are only now coming to terms with the fact that if they don't start saving now, or reduce benefit packages, taxpayers will be harder hit in the future.

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