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California's two major public pension systems are underfunded and are asking local governments to pay more. Critics want to reduce benefits, while others say policymakers should allow time for recent changes to take hold. Emily Zentner The Sacramento Bee
California's two major public pension systems are underfunded and are asking local governments to pay more. Critics want to reduce benefits, while others say policymakers should allow time for recent changes to take hold. Emily Zentner The Sacramento Bee
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Capitol Alert

The go-to source for news on California policy and politics

CalPERS wants broke cities to deliver bad news to out-of-luck pensioners

November 13, 2017 06:00 AM

UPDATED November 14, 2017 02:15 PM

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More Videos

‘We know there are mountains behind that line of smog,’ Cristina Garcia says 1:23

‘We know there are mountains behind that line of smog,’ Cristina Garcia says

World needs to get off coal, Jerry Brown says 0:21

World needs to get off coal, Jerry Brown says

A look at the #MeToo movement inside California's Capitol 1:19

A look at the #MeToo movement inside California's Capitol

See how sea-level rise could affect the San Francisco Bay Area 0:52

See how sea-level rise could affect the San Francisco Bay Area

Dog the Bounty Hunter: 'Poor people don't break the law' 0:34

Dog the Bounty Hunter: 'Poor people don't break the law'

Jerry Brown: Raising minimum wage moral, though 'may not make sense' 0:51

Jerry Brown: Raising minimum wage moral, though 'may not make sense'

'We know that this is just a start,' Assembly speaker says of housing bills 0:58

'We know that this is just a start,' Assembly speaker says of housing bills

Work of states on climate ‘profoundly important’ 1:46

Work of states on climate ‘profoundly important’

Explaining California's new assault weapon ban 1:08

Explaining California's new assault weapon ban

Sexual assault survivors talk about speaking out at MeToo March in Hollywood 1:06

Sexual assault survivors talk about speaking out at MeToo March in Hollywood

  • ‘We know there are mountains behind that line of smog,’ Cristina Garcia says

    Assemblywoman Cristina Garcia talks about her environmental record at UN climate discussions in Bonn, Germany, on Saturday, Nov. 11, 2017.

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