A proposed ballot measure unveiled Thursday would reduce pension payments for state and local government employees in the nation’s most populous state.
Students gathered on the campus of UC Davis Tuesday to protest planned tuition hikes.
A decade of financial data posted by Controller John Chiang on his open-data website, ByTheNumbers.sco.ca.gov , shows that the state’s 130 public pension systems are carrying $198 billion in unfunded liability in 2013, compared with $6.3 billion of unfunded liability in 2003.
A state pension fund committee has approved retirement calculations for new hires despite concerns about pension spiking raised by Gov. Jerry Brown and local governments.
In Gov. Jerry Brown’s promise to start paying off California’s massive liabilities, the largest single unfunded debt will not be seeing any additional pay-down in the coming fiscal year.
The Roseville City Council passed a motion to have the city’s police officers begin paying into their own pensions.
The meeting was originally supposed to happen on June 5, but the city called for a special emergency meeting Thursday at 11 a.m. and didn’t notify the police union.
Neighbors complained about the smell, and deputies would make the disturbing discovery of a body in the backyard.
Good, hard-working Americans shouldn’t be forced to contemplate leaving their chosen profession as they are with federal laws such as Obamacare.
his week the California Legislature will consider over 650 bills in committee, the last opportunity for bills to be heard this year. Incredibly, Governor Brown’s modest pension reform package will not be one of them.
Voters in Modesto are strongly supporting three advisory measures aimed at reforming the pensions of city employees.
Gov. Jerry Brown unveiled details of his pension proposal Thursday that seeks to move new California state workers to a hybrid system where guaranteed benefits are combined with a 401(k)-style plan and would raise the retirement age from 55 to 67 for civil workers, as union leaders lined up to oppose his plans.