Friday Must Read: Legislative Analyst Targets Pensions; Trib Tower in Receivership

Stories you shouldn’t miss:

1. The nonpartisan Legislative Analysts’ Office is urging the governor and state lawmakers to address California’s “unsustainable” public-employee pension benefits, the SacBee reports. “We are headed to a place where government employees will be the only people in society who have these sorts of retirement benefits,” Jason Sisney, director of state finance for the Legislative Analyst’s Office, told the newspaper. “That is troubling.” Governor Jerry Brown and Democratic leaders so far have resisted targeting generous public-employee pension packages as they attempt to tackle the state’s $25 billion deficit. But Republicans may demand that the pension problem be addressed in exchange for Brown’s plan to put a tax measure on the June ballot.

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