Pension « CBS Los Angeles

Elective Surgeries Canceled Ahead Of Looming UC Walkout

A potential walkout among 13,000 workers at five University of California medical centers statewide next week has already prompted officials to cancel elective surgeries.

2013/05/17

Calif. Treasurer Eyes Pension Divestment From Gun Manufacturers

State Treasurer Bill Lockyer is calling for a review of state pension fund investments connected to a company that manufactures firearms – including a type of rifle used in the Connecticut school shootings.

2012/12/18

SEIU Worker Sought Fake Names To Sabotage LA Pension Switch

Former Mayor Richard Riordan says he has evidence that a low-level union member is behind an alleged illegal counter-campaign against his effort to change pensions plans for newly-hired public employees.

2012/11/21

Brown Signs ‘Biggest Reform Ever’ For Calif. Pensions Into Law

California Governor Jerry Brown signed into law on Wednesday sweeping pension reforms that he defended as benefiting both workers and taxpayers.

2012/09/12

Hermosa Beach Official Claims Parking Officers Make Nearly $100K

The Mayor Pro Tem of Hermosa Beach claims parking enforcement officers are being paid nearly $100,000 a year.

CBS2 / KCAL9–2012/08/15

UC Mulls New Tuition Hikes To Pay For $25B Funding Gap

Students may soon face another round of tuition increases to help pay for ballooning pension and health care costs.

KNX 1070 NEWSRADIO–2012/06/19

Villaraigosa Calls For Pension Reform For City Workers

Los Angeles Mayor Antonio Villaraigosa is calling for pension reform for city workers. In a letter dated Tuesday, Villaraigosa ordered the city’s top budget analyst to expedite a report detailing ways the city can enact several changes.

CBS2 / KCAL9–2012/06/08

Trutanich: Firm Hired To Invest LA City Pensions Accused Of ‘Institutional Deception’

A lawsuit alleges an investment firm hired to manage the public pension for city workers may have cost taxpayers nearly $100 million.

CBS2 / KCAL9–2012/02/02

Mike Antonovich (credit: John Heller/Getty Images)

Supervisor: Hefty Retiree Payouts Put LA County Budget, Pension Funds At Risk

Supervisor Mike Antonovich is warning that payouts totaling $48 million could dramatically impact the county’s fiscal health.

KNX 1070 NEWSRADIO–2012/01/09

Report: Calif. Public Pension Funds May Face Up To $500B Shortfall

A disputed report from Stanford University suggests the state’s public pension fund could be hundreds of billions of dollars less than previously estimated.

KNX 1070 NEWSRADIO–2011/12/27

Gov. Brown Unveils New Pension Plan For State Workers

Gov. Jerry Brown unveiled a new pension plan for state workers Thursday, which will raise the retirement age to 67 for new hires.

CBS2 / KCAL9–2011/10/27

Governor Brown Seeks Pension Reforms, Raising Retirement Age

Gov. Jerry Brown will propose sweeping rollbacks to public employee pension benefits, including raising the retirement age to 67 for new employees who are not public safety workers.

2011/10/26

Police, Teachers, Firefighters Defend Public Pensions In Carson

Many attendees at Carson City Hall voiced their fears that their public pensions are being unfairly targeted in these tough financial times.

KNX 1070 NEWSRADIO–2011/10/26

Convicted Ex-Mayor Of Temple City Can Keep Pension, Medical Coverage

Former Temple City Mayor Cathe Wilson will continue to receive pension checks even though she was convicted of perjury and bribery and was sentenced in June to four years in state prison.

2011/07/08

Jerry Brown Tells AP Budget Reforms Are Near

Gov. Jerry Brown said Tuesday that he is making progress on pension and other government reforms but needs Republican lawmakers to agree to extend temporary taxes until a statewide special election can be held later this year.

2011/06/07