Pensions in the News: Media Clips for July 14, 2014

California Stories

Editorial: Pension reform comes at a price (Sacramento Bee)

http://www.sacbee.com/2014/07/11/6548382/editorial-pension-reform-comes.html

CalPERS reports 18.4% profit on investments (Sacramento Bee)

http://www.sacbee.com/2014/07/14/6555229/calpers-reports-184-profit-on.html

California Teacher Fund Reports 18.6% Gain on Investments (Business Week)

http://www.businessweek.com/news/2014-07-11/california-teacher-fund-reports-18-dot-6-percent-gain-on-investments

Dan Walters: Stockton bankruptcy judge seeks final answer on pension status (Sacramento Bee)

http://www.sacbee.com/2014/07/14/6553979/dan-walters-stockton-bankruptcy.html#mi_rss=Dan%20Walters

Will anything new emerge in CalPERS scandal? (Calpensions)

http://calpensions.com/2014/07/14/will-anything-new-emerge-in-calpers-scandal/

Ex-CalPERS chief pleads guilty to bribery, steering investments (McClatchy)

http://www.mcclatchydc.com/2014/07/11/233105/ex-calpers-chief-pleads-guilty.html

L.A. police officers vote to reject one-year contract extension (LA Times)

http://www.latimes.com/local/crime/la-me-0713-police-contract-20140713-story.html

National Stories

Public pensions overly optimistic about returns (Benefits Pro)

http://www.benefitspro.com/2014/07/09/public-pensions-overly-optimistic-about-returns

Your 401(k) Plan May Provide a False Sense of Security (US News & World Report)

http://money.usnews.com/money/blogs/the-smarter-mutual-fund-investor/2014/07/02/your-401-k-plan-may-provide-a-false-sense-of-security

Last Votes Cast Over Plan to Lift Detroit From Bankruptcy (NY Times)

http://www.nytimes.com/2014/07/12/us/12detroit.html

Opinion: Why Progressives Shouldn’t Support Public Workers Unions (The Daily Beast)

http://www.thedailybeast.com/articles/2014/07/11/why-progressives-shouldn-t-support-public-workers-unions.html