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SDCERA Releases FY 2017 Comprehensive Annual Financial Report (CAFR)
Headline: SDCERA Releases FY 2017 Comprehensive Annual Financial Report (CAFR)
Publication: SDCERA
Article Date: Dec 20, 2017
At its December 14th meeting, SDCERA’s Board of Retirement accepted staff’s Comprehensive Annual Financial Report (CAFR) for the fiscal year ended June 30, 2017. Read the Summary or View the Full Report
‘Pension millionaires’ focus distorts benefits picture, retired probation officer says
Headline: ‘Pension millionaires’ focus distorts benefits picture, retired probation officer says
Publication: Daily Republic
Article Date: Nov 19, 2017
“A few may be pension millionaires, but most public employees receive modest benefits that follow decades of substantial monthly contributions to their retirements, a retired probation officer says.” Read article…
Here’s what happened to teachers after Wisconsin gutted its unions
Headline: Here’s what happened to teachers after Wisconsin gutted its unions
Publication: CNN Money
Article Date: Nov 17, 2017
Subjective Commentary by Mark Nanzer, Executive Director:
Interesting article on the after-effects of gutting public employee unions in Wisconsin. Along with diminished leverage with school boards, teachers have seen lower pay, reduced pension and health insurance benefits and higher turnover as educators hop from one district to another in search of raises, a new report finds. Read article…
The big financial milestones of life: Retiring
Headline: The big financial milestones of life: Retiring
Publication: The Guardian
Article Date: Dec 1, 2017
“Retiring comfortably requires planning and the sooner you start taking control of your finances the better placed you will be to make the most of your post-work life.” Read article…
Critics Pick Their Facts but Ignore the Truth
Headline: Critics Pick Their Facts but Ignore the Truth
Publication: CalPERS Newsroom
Article Date: Nov 21, 2017
Subjective Commentary by Mark Nanzer, Executive Director:
CalPERS does a nice job of setting the record straight on two recent published commentaries by authors that have “cherry-picked” their facts in order to permeate the myths forward by pension critics. Read article…