California Update
7:00 am
Thu February 6, 2014

Brown Wants CalPERS Action Now On Rising Pension Costs

Governor Jerry Brown wants the California Public Employees Retirement System to start accounting for its retirees’ longer life spans, which are driving up pension costs.
Governor Jerry Brown wants the California Public Employees Retirement System to start accounting for its retirees’ longer life spans, which are driving up pension costs.
Credit benefitspro.com

  ALSO: The federal and state governments continue to take actions in response to California’s drought.

Today's reporting by Ben Adler.