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Tag: Pension Reform

Ruling Says San Jose Cannot Cut Employee Pensions

December 23, 2013 | 5:34 pm

Ruling Says San Jose Cannot Cut Employee Pensions

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Judge rules on controversial Measure B, says city can cut workers’ salaries to save taxpayer funds.

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San Jose Police Union Challenges Pension Reform Measure

May 1, 2013 | 1:09 pm

San Jose Police Union Challenges Pension Reform Measure

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(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 to bargain with the union to the required extent before placing the measure on the […]

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Former CalPERS Official Indicted

March 18, 2013 | 1:16 pm

Former CalPERS Official Indicted

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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, and Federico R. Buenrostro, Jr., aka Fred Buenrostro, of Sacramento, California, on charges of conspiracy […]

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Calif. Retirement Systems Sending Members to Summit in Hawaii

February 27, 2013 | 9:32 am

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 approving anyone to attend this conference given its location. … Hawaii is just not the right […]

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How California’s New Pension Legislation Affects You

August 31, 2012 | 4:53 pm

How California’s New Pension Legislation Affects You

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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 — even if you don’t work for the government. Think of it this way: Your […]

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August 29, 2012 | 12:34 pm

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 San Jose’s city council enacted a two-tiered pension plan to help rein in costs. The […]

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San Jose City Council Votes to Put Pension Reform on Ballot

December 6, 2011 | 6:25 pm

San Jose City Council Votes to Put Pension Reform on Ballot

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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 discuss and vote on, among other things, putting the mayor’s pension reform proposal on next […]

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New Pension Initiatives Target Current Workers

November 3, 2011 | 2:50 pm

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 pension system for current workers? Because that’s where the money is. That quote, of course, […]

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November 1, 2011 | 6:25 am

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 linking teacher ratings to student performance (Los Angeles Times) Shrinking the Nursing Home Until It […]

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September 29, 2011 | 7:36 am

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 Gov. Jerry Brown appointees get pension and paycheck (Los Angeles Times) Fixed-Gear Bicycles Head Overseas, […]

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