Calif. Emerges as Battleground for Pension Changes
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California has emerged as a key  battleground state on the issue of pension overhaul, with Gov.  Arnold Schwarzenegger pushing private accounts for state  employees and lower government contributions to public pension  plans that provide defined benefits.
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California Gov. Arnold Schwarzenegger campaigned on Wednesday against a ballot measure that would roll back the state's landmark "Three Strikes" sentencing law, embarking on what his aides concede could be one of his toughest election fights.
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More baby boomers, and others, now have more choices about their retirement savings.
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Sean Harrigan, president of California's public employee pension fund, said Tuesday that he is likely to be forced from his job.
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Just days after the president of a huge California pension fund was ousted, some California officials are proposing that the state get out of the pension business and give state and municipal workers a 401(k) plan instead.
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As President Bush begins a big  campaign to restructure Social Security, Democrats and a host  of interest groups are mobilizing to fight his private account  plan and protect the traditional retirement system.
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California Gov. Arnold  Schwarzenegger and lawmakers prepared for battle on Thursday  over his ambitions to restrain state spending and avoid tax  increases in a budget proposal due next week.
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Not three weeks ago, Sean Harrigan launched his crusade against corporate malfeasance from one of the most powerful pulpits of all: the presidency of CalPERS, America&#39;s largest pension fund with some $177bn in assets.
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An obscure state board on Wednesday ousted the controversial head of the California Public Employees&#39; Retirement System, the mammoth state pension fund that has drawn scorn from business groups across the country for its aggressive push for corporate
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A little more than three months after California voters approved a measure allocating $3 billion in public funds for stem cell and related research, organizers are struggling with down-to-earth concerns.
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The government will today face intense pressure to signal a shift away from means-tested pensions in the face of the independent Turner commission report&#39;s startling finding that Britain faces a Â£57bn annual pensions gap.
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NEW YORK - The corporate pension crisis seems to be going from bad to worse. First, companies struggled to come up with the money to cover their benefit obligations, and now they want to ditch their plans altogether.
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Some California officials are proposing that the state get out of the pension business and give state and municipal workers a 401(k) plan instead.
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In the standoff between retirement savings and college savings, retirement wins.
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California's battle for jobs gets down and dirty
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For years little more than a lucrative afterthought in the race for the White House, California has emerged as a key battleground in the 2008 presidential campaign.
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SACRAMENTO, Calif. -- Personal information about hundreds of thousands of retirees' may have been compromised after two security breaches involving pension funds in California and New York.