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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
Capitol Alert

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

Apartment construction takes off in midtown Sacramento 0:33

Apartment construction takes off in midtown Sacramento

Trump outlines tax reform plan during speech in Indiana 2:07

Trump outlines tax reform plan during speech in Indiana

Jerry Brown is bringing guest books to California 2:31

Jerry Brown is bringing guest books to California

See how much California's gas tax will rise through 2020 2:11

See how much California's gas tax will rise through 2020

Feinstein introduces legislation to close 'automatic weapons loophole' after Las Vegas shooting 1:44

Feinstein introduces legislation to close 'automatic weapons loophole' after Las Vegas shooting

'A deranged, paranoid killer' 7:00

'A deranged, paranoid killer'

  • ‘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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