News

A legal loophole is being exploited by deep-pocketed California water users who use lawsuits to stall key sustainability plans.
Public-sector workers face retirement planning gaps, but with financial education and planning tools, they can ensure a secure future.
SACRAMENTO—It’s been 26 years since the California Legislature passed a landmark law that dramatically boosted California Highway Patrol pensions—a move that municipalities quickly followed.
Business California’s public employee pension funds lost billions in stock selloff from trade war by Adam Ashton • CalMatters April 13, 2025, 11:45 p.m.
Both big California public pension funds emphasize that they are long-term investors with diverse portfolios that do not rely solely on the stock market, but both are also under pressure to meet ...
The stock market selloff that followed President Trump’s latest tariff announcement underscored the “unprecedented” risk that California pension funds see in a potential trade war.
Both big California public pension funds emphasize that they are long-term investors with diverse portfolios that do not rely solely on the stock market, but both are also under pressure to meet ...
California’s big pension funds lost billions in stock market selloff. Can they recover in time? By Adam Ashton Apr 8, 2025 Apr 8, 2025 Buy Now ...
California retirees receiving benefits from the California Public Employees’ Retirement System and other pension plans supported nearly 400,000 jobs in the service and healthcare industries in ...
Boeing froze its pension plan in 2014, replacing it with 401 (k) plans for newer workers. Reviving the pension plan could add costs for Boeing, and wouldn't necessarily be great for workers either.
More than three dozen retired boxers belatedly received, or are in the processing of receiving, payment from an obscure California boxing pension plan, the most in its 40-year existence, according ...
Nationally, funding ratios have slowly improved over the years. State pension plans’ funded ratios hit a low of 63.5% funded in 2009 but are projected to be 76% for 2023.