Pension reform crusader David Crane steps down today as amember of the University of California Board of Regents. That's because the state Senate didn'tconfirm his appointment to the post within the year prescribed by law.
…Crane, a Democrat, wasSchwarzenegger's point man on public pensions. He contended that the state'sthree largest funds, including UC's, werecommitting "generationaltheft" by understating their liabilities and siphoning money fromschools and social programs…
Full article: http://www.sacbee.com/2011/12/27/4146490/the-buzz-pension-reform-crusader.html
Full article: http://www.sacbee.com/2011/12/27/4146490/the-buzz-pension-reform-crusader.html
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