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Category Archives: Pension Reform
San Jose Police Union Challenges Pension Reform Measure
(BCN) The San Jose Police Officers’ Association on Tuesday filed a lawsuit in Santa Clara County Superior Court challenging San Jose's voter-approved Measure B pension reform proposition. The lawsuit charges the City Council violated a state labor law by failing … Continue reading
Former CalPERS Official Indicted
A federal grand jury has indicted a former official of California's largest state employee retirement fund, the Department of Justice has announced. Here's the press release: A federal grand jury in San Francisco indicted Alfred J. Villalobos, of Reno, Nevada, … Continue reading
Calif. Retirement Systems Sending Members to Summit in Hawaii
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by Jennifer Gollan, California Watch When the head of one of the state’s largest independent pension funds received an invitation recently for his staff to attend a conference in Hawaii, his response lacked the aloha spirit. “I don’t plan on … Continue reading
How California's New Pension Legislation Affects You
Unfunded liability. CalPERS and CalSTRS. Spiking and double-dipping. All the jargon makes it hard to stay focused on pension bill the Legislature sent to Gov. Jerry Brown on Friday. But it’s worth knowing about because it’s bound to affect you … Continue reading
Dems' Pension Reform Plan Now Up For Discussion
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Update Thursday KQED's Rachel Dornhelm reports: The two biggest Bay Area cities are exempt from Governor Jerry Brown's pension reform. San Francisco and San Jose are charter cities, with their own pension plans and bruising pension battles. Just this week … Continue reading
San Jose City Council Votes to Put Pension Reform on Ballot
Update 6:25 p.m. The City Council passed the measure to put the pension reform plan on the ballot by a vote of 6-5. The Mercury News has the story here. Earlier post The San Jose City Council is meeting to … Continue reading
New Pension Initiatives Target Current Workers
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There's a temptation to dust off the quote attributed to an infamous bank robber when assessing two new and explosive initiative proposals to rework the pensions of public employees in California. Why do the proposed ballot measures go after the … Continue reading
Breakfast Blend: Compton Officials Vow Not to File for Bankruptcy; Occupy Fresno Told to Decamp
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Rachael Myrow here, host of the California Report, with a handful of links to cool and/or important stories outside the Bay Area local readers should check out. Compton finds itself in full financial meltdown (Los Angeles Times) LAUSD faces suit … Continue reading
Breakfast Blend: Paris Says Oui to Fixies; Mapping Dark Matter in Irvine
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Rachael Myrow here, host of the California Report, with a handful of links to cool and/or important stories outside the Bay Area local readers should check out. U.S. makes deported immigrants take the long way home (Los Angeles Times) Some … Continue reading
Rachael's Breakfast Blend: Ireland Reaches Out for its Own; Swimmer Diana Nyad Heads for Cuba
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Rachael Myrow here, host of the California Report, with a handful of links to cool and/or important stories outside the Bay Area local readers should check out. L.A. County is seeing a spike in deputy-fraud allegations (Los Angeles Times) Costa … Continue reading
