pension reform

11:59pm

Thu May 17, 2012
Politics, connecting the dots

Connecting the Dots: Afternoon Edition for Thursday, May 17, 2012

(Sacramento Bee) // Just after it was revealed that California faces a budget deficit of $16 billion, how and when to pay crippling pension costs has become a major public debate. The California Public Employees' Retirement System voted to raise the annual state payment for state worker pensions by $213 million to a total of $3.7 billion, despite Governor Jerry Brown’s recommendation for an even bigger increase to avoid accruing more debt.

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1:36pm

Wed March 7, 2012
Afternoon News Roundup

Connecting the Dots: Afternoon edition for Wednesday, March 7, 2012

A new report from the legislative analyst's office shows California will have to pay more than $700 million a year to cover costs on nearly $10 billion in high speed rail bonds...

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