August 15th, 2011
A group representing several large public employee unions released a statement last week that mischaracterizes comments by California’s two largest public pension systems about a study of pension reform issues by California Foundation for Fiscal Responsibility. Continue readingLocal Governments Would Save $2 Billion Annually If Employees Shared Pension Costs
August 11th, 2011
California taxpayers would save $2 billion almost immediately –and billions more in the future — if local government employees paid half the annual cost of their retirement benefits, according to a study released today. Continue readingFoundation Hosts Online Debate On Pension Reform
January 4th, 2011
SACRAMENTO – A California foundation has posted two alternative public pension reform plans on its Web site and invited stakeholders and the public to help solve one of the most critical problems facing California.
“Sacramento can’t fix California’s public pension crisis without the public’s help, and it’s got to be done right the first time,” said Marcia Fritz, president of California Foundation for Fiscal Responsibility. “If it becomes necessary to put a constitutional amendment before voters, it should be drafted with input from stakeholders, experts and voters. CaliforniaPensionReform.com offers a forum to anyone with information or opinions that can contribute to a healthy debate.” Continue reading