Tag Archives: Pensions

The latest estimate of California’s total public pension debt

Pension Tracker, a website founded by Professor Joe Nation at the Stanford Institute for Economic Policy Research (SIEPR), is now publishing monthly estimates of California’s total public pension debt (aka its unfunded liability). Below are SIEPR’s estimates released this morning for … Continue reading

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Average Orange County public employee pension is 88% of final salary

By Barry Levinson | This is according to an article on the UnionWatch website written by Robert Fellner on July 20, 2014. The reason all taxpayers should be outraged by the final percentage of retirement income vs. final pay for … Continue reading

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The AVERAGE Orange County public employee pension is 88% of final salary

By Robert Fellner, UnionWatch | Would you take a 12 percent pay cut in exchange for a 100 percent reduction in work? In Orange County, if you’ve worked 30 years – say from age 25 until age 55 – that … Continue reading

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FACT president Jack Dean to speak Saturday at pension conference in Marin County

FACT president Jack Dean will be on the program tomorrow at the first conference focused on the pressing need for pension reform in California’s 21 counties which have independent pension funds. It will be held in San Rafael at the … Continue reading

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How to become a (public pension) millionaire

In five states, an average full-career retiree receives a retirement income higher than his final salary. By Andrew G. Biggs | Detroit and San Bernardino and Stockton, California are in bankruptcy, and across the country the costs of maintaining pensions … Continue reading

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