Fix Medi-Cal Or Lose UC and CSU

The Big Problem About Which Little Is Written As a new Congress takes office, newspapers are filled with articles about the potential consequences for California of federal changes to Medicaid but not about how California’s existing version of Medicaid — known as “Medi-Cal” — is…

CalPERS Refuses To Bite Bullet

Will Continue Deferring Costs To Next Generation According to the New York Times, CalPERS will not consider cutting its investment return assumption below 7 percent, a rate well above long term historical returns for similar portfolios and its consultant’s forecast.…

Next Generation Is On CalPERS’s Menu

“If you’re not at the table, you’re probably on the menu.” — Dave Low, Executive Director, California School Employees Association “Pay now or pay more later.” — CalPERS board member Richard Gillihan, appointed by Governor Jerry Brown The CalPERS board is considering a…