Articles for category State Economy
Yes on Prop 61 Rally with Bernie Sanders takes place Monday, November 7th on the west steps of the Capitol. CSR will be in attendance. Please join us!
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Millions of Californians soon will have an easy way to save for a more comfortable and dignified retirement now that Gov. Jerry Brown has signed Senate Bill 1234, landmark legislation creating the California Secure Choice Retirement Plan.
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Assemblyman Rob Bonta, D-Alameda, calls on lawmakers to approve his measure to end surprise medical bills from out-of-network doctors, on the final day of the legislative session.
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In this 2013, photo provided by Center for Individual Rights, Rebecca Friedrichs, a veteran Orange County, Calif., public school teacher, poses for a portrait. A tie vote from the Supreme Court means public sector unions in about half the states can continue collecting fees from workers who choose not to join. The justices on Tuesday, March 29, 2016, divided 4-4 in a case that considered whether public employees represented by a union can be required to pay "fair share" fees covering collective bargaining costs even if they are not members.
Courtesy of the Center for Individual Rights via AP Greg Schneider.
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Although its 2014-15 budget was balanced, California’s state government ended the fiscal year $175.1 billion in the red, thanks largely to state retirement obligations that had to be included in its balance sheet for the first time.
Under new rules by the Governmental Accounting Standards Board, state and local governments must list unfunded pension liabilities as debts alongside the more traditional bonds and other forms of debt.
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Chuck Reed and Carl DeMaio announced they will not be circulating for signatures the pension initiative they previously announced earlier this year while promising to announce two more pension initiatives. The decision reflects, again, that Reed and company can't "handle the truth" about their pension schemes. Impact of Reed/DeMaio Pension Measures on New Public Employees
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The following PDF is a list of bills that CSR is supporting, opposing or watching.
September 15, 2015 Legislative Report
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The following PDF is a list of bills that CSR is supporting, opposing or watching.
August 28, 2015 Legislative Report
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In an email to journalists and election officials, David Crane arrives at a false conclusion with his claim that CalPERS unfunded actuarial liability (UAL) will continue to grow unless the system achieves a return of at least 9.7%, not the 7.5% CalPERS currently assumes.
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The following PDF is a list of bills that CSR is supporting, opposing or watching.
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