News Articles

Boston College Study: Pension “reforms” will offset impact of financial downturn on state, local pension costs

March 12, 2013

For Immediate Release
Californians for Retirement Security

Boston College Study: Pension “reforms” will offset impact of financial downturn on state, local pension costs

SACRAMENTO – A new study by the Center for Retirement Research at Boston College says that pension “reforms” made at the state and local level will restore the state’s public pension funds to pre-financial crisis levels.

Pension Bashers Admit Push to Slash Retirement Security in California has "Gone Flat"

January 14, 2013

For Immediate Release
Monday, January 14, 2013
Californians for Retirement Security

Pension Bashers Admit Push to Slash Retirement Security in California has "Gone Flat"
Crane, Riordan, Nation Say "Groundswell" is Over on Conservative Website

SACRAMENTO -- For the first time, the state's leading proponents of slashing retirement security are admitting their efforts to privatize public pensions aren’t going anywhere in California.

Pension Legislation (AB 340) a "Political Overreaction"

August 31, 2012

For Immediate Release

Californians for Retirement Security Statement on Pension Legislation (AB 340)

Following is a statement from Dave Low, chairman of Californians for Retirement Security, a coalition representing 1.5 million public employees and retirees.

CAPS STATEMENT ON CHANGES TO STATE PENSION SYSTEM

August 28, 2012

SACRAMENTO, Calif. – Following today’s announcement that Governor Brown and legislative leaders have reached an agreement on sweeping changes to the state pension system, California Association of Professional Scientists (CAPS) President and state scientist David Miller released the following statement.

Public Employees Outraged at Pension-Gutting Plan

August 28, 2012

For Immediate Release

Following is a statement from Dave Low, chairman of Californians for Retirement Security, a coalition representing 1.5 million public employees and retirees.

“We are outraged that a Democratic Governor and Democratic Legislature are taking a wrecking ball to retirement security for teachers, firefighters, school employees, and police officers. While we support common-sense changes to end spiking and abuse of the system, this package is unfair and wrong.