Quantcast
News

CalPERS Poised to Increase Contribution Requirements

California taxpayers may see the municipal pension contributions they fund for the California Public Employees' Retirement System rise as much as 50%.

To continue reading, log in, register or subscribe below.Calendars are available to registered users of The Bond Buyer web site.
Please log in below with the credentials you established at the time of your subscription or when you set up a free trial. If you have never set up an account with The Bond Buyer, please click the "Free trial" link below to set up your account.

Already a subscriber? Log in here.

Please note you must now log in with your email address and password.

 

Comments (1)
Another indicator that current pensions owed to California public employees are unsustainable and won't be paid as promised! This is a band-aid that won't fix the underlying issue (benefits that are way too high)and makes the already intense credit pressure on municipalities that much worse. As usual California policy makers wallow in their dream world that someone else will pay!
Posted by mdwjr | Thursday, April 18 2013 at 9:34AM ET
Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.

Upcoming Events

Already a subscriber? Log in here
Please note you must now log in with your email address and password.