California’s public pension plans are taking on more risk than other pension systems while generating relatively poor investment return results, a new Reason Foundation report finds. The California ...

Several troubling bills in the California legislature are aiming to reverse critical cost-containment and risk-management public pension reforms that have stabilized the state’s pension systems and ...

When is good news really bad news? When it comes to four new union contracts with state workers that the Schwarzenegger administration is touting this week as evidence of pension reform. California ...

Average monthly pension payments have not only fallen below the living stipends low-income households receive under the National Basic Living Security Act, but the gap is also widening, a shift ...