When Pension Reform Goes Bipartisan

B-Daddy B-Daddy

Eventually the mathematical results of under-funding ever more generous pension benefits for state and local employees becomes a problem for Democrats too.  Illinois legislators are expected to vote this week on pension reform that would pare back pension benefits in three important ways. Reducing cost of living increases. Increases retirement age. Capping the salary amount available for pension calculations. There …

Pension Reform Panel

Carl DeMaio Carl DeMaio

SDCTA Breakfast Panel: The Future of Pension Reform: What’s Next? Date: Thursday, March 14, 2013 Time: 7:00 AM – 9:00 AM Organizer: San Diego County Taxpayers Association Sponsor: REFORM San Diego Panelists Include: Carl DeMaio – Founder and Chairman of Reform San Diego Hon. Jan Goldsmith – San Diego City Attorney Tim Davis – Partner at Burke, Williams & Sorensen, …

Golden State Can Be Reinvigorated

Carl DeMaio Carl DeMaio

If you are worried about California’s future, there’s no shortage of disturbing statistics to keep you up at night. California’s unemployment rate was 9.8 percent in November – and, with a host of new regulatory mandates added when the New Year began, our state is becoming even more unattractive for businesses. California’s three largest pension funds have promised $500 billion …