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.
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.
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.
California Governor Jerry Brown signed into law on Wednesday sweeping pension reforms that he defended as benefiting both workers and taxpayers.
The Mayor Pro Tem of Hermosa Beach claims parking enforcement officers are being paid nearly $100,000 a year.
Students may soon face another round of tuition increases to help pay for ballooning pension and health care costs.
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.
A lawsuit alleges an investment firm hired to manage the public pension for city workers may have cost taxpayers nearly $100 million.
Supervisor Mike Antonovich is warning that payouts totaling $48 million could dramatically impact the county’s fiscal health.
A disputed report from Stanford University suggests the state’s public pension fund could be hundreds of billions of dollars less than previously estimated.
Gov. Jerry Brown unveiled a new pension plan for state workers Thursday, which will raise the retirement age to 67 for new hires.
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.
Many attendees at Carson City Hall voiced their fears that their public pensions are being unfairly targeted in these tough financial times.
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.
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.
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