CALmatters partnered with the Los Angeles Times and Capital Public Radio on a pension series exploring California’s pension crisis. The project examined the huge gap between the state’s obligations to current and future retirees and the capacity of public pension funds to pay them.
Here are some highlights:
- The pension gap: It was a deal that wasn’t supposed to cost taxpayers an extra dime. Now the state’s annual tab is in the billions, and the cost keeps climbing.
- The ruling: California promised public employees generous retirements. Will the courts give government a way out?
- The overhaul: Jerry Brown touted his pension reform as a game-changer. But they’ve done little to rein in costs.
- Richmond: Cutting jobs, street repairs, library books to keep up with pension costs
- Reform initiatives: The cost of California’s public pensions is rising fast. But efforts to fix the problem by ballot measure have fizzled.
- A Tale of Two Sectors: Is it a necessary perk to keep public sector jobs competitive or just too expensive?
- Are Pension Benefits Excessive? State Workers Say ‘No’: Retired state workers are tired of the story about the six-figure pensioner.