FROM THE FOUNDATION

Redefining the Safety Net

Should California establish a Basic Health Program for certain low-income residents? CHCF's Marian Mulkey captures a recent policy conversation in a Health Affairs blog.

Accountable Care in Action

A new post on the Health Affairs blog details how CalPERS kept costs down in Sacramento through a "virtual" ACO with insurers and providers.

Career Opportunity: Senior Program Officer

This position will play a major role in furthering the goals and objectives of the foundation's Better Chronic Disease Care program.

Wednesday, February 22, 2012

State Payments to CalPERS To Drop Under Brown's Budget

Under Gov. Jerry Brown's (D) fiscal year 2012-2013 budget plan, annual state payments to CalPERS would drop from $3.5 billion this year to $3.1 billion in the new fiscal year, according to a report from the Legislative Analyst's Office. The report recommended that the Legislature reject the governor's pension proposal because it could freeze state support for California State University and University of California pensions.

Reader Comments:
  • 3
  • 02/22/2012
  • Tim Colling

Curtailing the endless, union-payoff contributions to CalPERS hardly constitutes "picking on the must vulnerable and education".

Let's end the tax-free status of the public-employee unions and prohibit them from donating to political causes, and we'll see a big improvement in the state's finances.

  • 2
  • 02/22/2012
  • Earl Richards

Brown is blackmailing Californians. Why does Brown always pick-on the most vulnerable and education? He should close commercial and corporate tax loopholes, introduce an oil extraction tax, an oil corporation, windfall-profits tax, Chevron made $27 billions in 2011 and paid no federal tax, amend the 2/3's rule and trim the bond interest paid to Wall Street. These taxes have to be rolled-back. These budget cuts will prolong the recession.

  • 1
  • 02/22/2012
  • Tim Colling

I'm not sure I understand why this would be a problem. We can't afford this cost as it is.



Readers are invited to send feedback to: chl@chcf.org

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