Posts Tagged ‘pension reform’


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Ruling Class Reactionaries Set Back Pension Reform


Wednesday January 20th, 2016   •   Posted by K. Lloyd Billingsley at 11:00am PST   •   0 Comments

A major statewide pension reform measure will not, as expected, be on the 2016 ballot. That is bad news for California’s working taxpayers. As Lawrence McQuillan notes, California accounts for $550 billion to $750 billion of the nation’s total unfunded pension liabilities. In his research for California Dreaming: Lessons on How to Resolve America’s…
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GovPensions.Con


Tuesday October 13th, 2015   •   Posted by K. Lloyd Billingsley at 10:01am PDT   •   0 Comments

As Lawrence McQuillan has noted, unfunded pension liabilities have soared to $4.7 trillion nationwide and California accounts for $550 billion to $750 billion of the total. A case outlined by Brad Branan in the Sacramento Bee shows why California is a leader in this field. In Loomis, near Sacramento, town councilman Brad Wheeler was…
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