Newsmakers

'Gold Mine' CA Pension Chief Quits

Tim Thonis, pension administrator of the Ventura County Retirement Board in California, resigned unexpectedly, and while speculators blame years of failed promises over pay raises, he cites governance as the reason.

Union Chief Defends Pensions, Decries 'Political Rhetoric'

While Florida lawmakers are resolute on revamping the state and municipal pension system, union members from the AFL-CIO labeled allegations that Florida's public employee retirement plans are underfunded and provide lavish benefits as "myths."

aiCIO’s Year in Review: It's Raining in Pittsburgh

Why it's important: Not because Pittsburgh’s lost pension is unto itself an essential story -- but because it is a canary in the coalmine for the entirety of America’s public pension system.