state pension funds

John Myers/KQED

The Brown administration has plans for an innovative money swap that could pay off billions in pension debt over the next two decades, but nonpartisan analysts say the proposal isn't fully cooked.  Capital Public Radio's Ben Bradford explains.

California pension funds will be required to divest from coal under a bill that's now headed to governor Jerry Brown's desk. As Capital Public Radio's Amy Quinton reports, the Assembly passed the measure yesterday (Wednesday).