Topic: Retirement Security

Article

Pension battles shift from ballots to courts

Tracking the latest strategies that attack public employee pensions

For years, people have been trying to attack pensions with ballot propositions, said Doug Orr, an economics professor at City College of San Francisco and the chair of the of the CFT Retirement Policy Committee. Those propositions always go down in defeat, Orr said, and now those attacks on pensions are coming to the courts.

Article CalSTRS Gun Control divestment

CFT urges CalSTRS to divest from gun manufacturers now

New documentary film Gun-Free Retirement features CFT members

In April 2013, a few months after the shootings at Sandy Hook Elementary School in Connecticut that killed 20 children and six adult staff members, the board of California State Teachers’ Retirement System voted to divest from firms making weapons that are illegal to own in California. More than two years later, that hasn’t happened, and Joshua Pechthalt, president of the CFT, wants to make sure it does. Soon.

Article PEPRA Student debt CalPERS

New employees to face reduced retirement benefits

Workers not yet hired will take biggest hit under law passed by legislators with no input from public employee unions

A new law passed in the final hours of the legislative session makes sweeping changes to public employee pensions that impose most of the changes on workers not yet hired, creating a two-tier system in the workplace where two groups of workers doing the same work receive different retirement benefits.