Regents: The Bell is Ringing – UC Needs a Pension Solution
Yesterday, I noted that events are threatening to overtake the Regents on pension funding if they do not have a plan in place by the time the next governor takes over. Even the recent scandal in the City of Bell – vastly overpaid and corrupt city officials – is pushing the pension agenda. In today’s LA Times, Steve Lopez has a column entitled “Maybe we should thank Bell’s Rizzo for shedding light on pension excesses.” You can find it at: http://www.latimes.com/news/local/la-me-0801-lopezcolumn-20100801,0,2585758.column Here is a quote: “Both candidates for governor, Meg Whitman and Jerry Brown, have made pension reform proposals for…