The State Worker

Chronicling civil-service life for California state workers

September 6, 2012
Column Extra: CalPERS' rationale for 1999 public pension hikes

Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for 100607 CALPERS HQ.JPGWith just 400 to 450 words for our weekly State Worker column, much of what we learn each week never sees print. Column Extras give you some of the notes, the quotes and the observations that inform what's published.

Today's State Worker column contasts CalPERS' measured reaction to recent public pension legislation to roll back benefits (now awaiting Gov. Jerry Brown's signature) with the fund's support for retroactive pension upgrades in 1999. Here's the brochure CalPERS issued back then, explaining why retirement benefits should be enhanced and how those increases would have no meaningful fiscal impact on employer costs.

The legislation on Bown's desk rolls back benefits to pre-1999 levels for workers hired Jan. 1, 2013 and later.

120906 SB 400 Brochure

PHOTO: CalPERS headquarters in Sacramento / Sacramento Bee 2008 file

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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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