CalPERS – Page 6 – California Globe

California Supreme Court Cuts Pension ‘Air Time,’ but Preserves ‘California Rule’

March 4, 2019 12:57 pmMarch 5, 2019 3:34 pm

The California Supreme Court announced its long-awaited decision on pension spiking and the purchase of “air time” credits Monday. In an unanimous ruling, the court found that state government may legally rescind the purchase of “air time” credits, a practice where...

The Real State of the State: California 2019

February 12, 2019 1:05 amFebruary 11, 2019 7:13 pm

When he gives his State of the State address today, Gov. Gavin Newsom understandably will paint a largely rosy picture of California, with some problem areas needing to be fixed. I’m hoping to work with him on options that improve...