The State Worker

Chronicling civil-service life for California state workers

October 11, 2013
Stanford think tank starts online course on retirement, pensions

The conservative Hoover Institution at Stanford University is firing up an online, eight-week class on retirement finance, including a look at public pension systems.

"Finance of Retirement and Pensions," starts Monday. Joshua Rauh, a Hoover senior fellow and professor of finance at the university's Graduate School of Business, is teaching it. The course is free.

Stanford spokeswoman Katie Pandes said as of Friday some 20,000 people had signed up.

In January, the class culminates in a symposium titled "Innovative Ideas for the Future of U.S. Public Sector Pensions," to be held at the Stanford business school, according to a university press release. Click here for more information

The course -- and the publicity it brings -- is starting just as San Jose Mayor Chuck Reed is pushing to put a public pension initiative on the 2014 ballot.

Stanford has become a center of pro-pension-change thinking in the last few years. The university's Institute for Economic Policy Research has issued controversial assessments of California's public pension-system debt at the state and local levels. David Crane, former GOP Gov. Arnold Schwarzenegger's pension point man, is a research scholar at the economic policy institute.

VIDEO: Hoover Institution/NovoED

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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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