Stanford University

CalPERS New Reporting Understates Pension Costs

Despite the rising panic over the solvency of California public pension plans, CalPERS’ annual report no longer prominently discloses what additional percentage of employee pay that each of its state, school and local clients pay each month for employee pensions.

Reuters / Max Whittaker

College Football Weekend’s Winners and Losers

Week eight witnessed a major upset engineered by Penn State, a shockingly dominant performance by Auburn, and Alabama pull away from a top-ten team to show why they remain number one for the foreseeable future.

The Associated Press