The State Worker

Chronicling civil-service life for California state workers

August 12, 2011
A.M. Reading: Data debacle; the new 'civil war'; Philly's 'tactical' pension investments

Thumbnail image for newspaper_5.gifEditorial: Governor needs to fix teacher data debacle
What works and what doesn't in California's schools? That's a basic question that Californians deserve to know and that Gov. Jerry Brown should want to know. (Sacramento Bee)

No Ring Kissers for Poor Sean Harrigan
Sean Harrigan, a former commissioner of the Fire and Police Pension Plans who resigned under pressure in May 2009, is suing the City to pay his attorney's fees and recover his costs in connection with the Securities and Exchange Commission's probe into his relationship with the pension plan. As a result, the City is appropriating $50,000 to pay for the law firm of Albright, Yee, and Schmidt to handle this attempt at extortion where he threatens to tell all unless the City pays his costs. (CitywatchLA.com)

Indiana Pension Fund riding out Wall Street roller coaster
INDIANAPOLIS -- The gyrating stock prices of the last two weeks have meant hundreds of millions of dollars in losses, and then gains, and then losses and gains again, for Indiana's public pension funds. (Evansville Courier & Press)

Bailey, Smith take salary cut; Haugen to retain her 'fair' pay
Washington lawmakers approved 3 percent pay cuts for most state workers earlier this year but it appears only a handful are opting to share in the pain. (Seattle Post Intelligencer)

Conservatives and unions in new civil war
HARRISBURG, Pa. (WHTM) -
There's a new Civil War raging and it's between the conservatives and the unions. State worker unions in Pennsylvania have found high ground for now, but they realize the war's not over. (WHTM)

Philly pension board sets up $40M 'tactical' fund
Philadelphia's pension board voted Thursday to sell about $40 million in domestic stocks and use the money for "strategic and tactical" investments, hoping to cushion the $3.8 billion pension fund from further sudden downturns in world markets. (Philadelphia Inquirer)

For links to more news, views and video, check out The State Worker's Individurls page. To see our vast archive of searchable A.M. Reading headlines, go to Publish2.

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About The State Worker

Jon Ortiz The Author

Jon Ortiz launched The State Worker blog and a companion column in 2008 to cover state government from the perspective of California government employees. Every day he filters the news through a single question: "What does this mean for state workers?" Join Ortiz for updates and debate on state pay, benefits, pensions, contracts and jobs. Contact him at (916) 321-1043 and at jortiz@sacbee.com.

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