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Winning Pension Power |
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The California Faculty Association (CFA) wanted strong representation on their state retirement and health benefits board in order to assure long-term security for their members. The union had just bargained a strong employment contract for their 28,000 members, but the leadership knew that protecting working families means winning a strong say in how their pension assets are managed.
For the union representing state university teachers an effective voice in their pension fund, the California Public Employees Retirement System (CalPERS), also means a strong voice in the nation"s financial system. With more than one million members CalPERS is the largest pension fund in the country and plays a significant role in the fight for corporate accountability as well as health and retirement benefits.
Long-time Board President William Crist had announced his retirement from the 13-member CalPERS Board of Administration and the field of potential candidates for his seat was large. Every state employee organization – including the largest with more than 100,000 members – was talking about running a candidate for the state government employee’s seat on the board.
Business professor George Diehr, a member of the successful CFA bargaining team, decided to seek the CalPERS seat being vacated by Crist. With only a few months until the election, CFA called Lincoln Crow to advise the organization on how they could help the candidate run an effective election campaign.
Working with election attorneys to interpret California’s rigorous campaign finance laws, Lincoln Crow developed a three-part campaign structure to allow maximum flexibility and campaign effectiveness to win among the more than 250,000 eligible voters.
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