Pension

(credit: Justin Sullivan/Getty Images)

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.

10/26/2011

Financial Cash Illegal pension

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–10/26/2011

(credit: AP/FILE)

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.

07/08/2011

(credit: Justin Sullivan/Getty Images)

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.

06/07/2011

(credit: Max Whittaker/Getty Images)

Poll: Majority Of Voters Want Pension Reform For Calif. Workers

62 percent of union households support capping the pensions of both future and current public employees in order to help balance the budget.

KNX 1070 NEWSRADIO–04/25/2011

Prosecutors: Ponzi Scheme Conned $7M From LA Transit Retirees

Thomas Mitchell, 64, pleaded guilty to a scheme that cheated retired transit operators by the Metropolitan Transportation Authority out of an estimated $7 million.

04/08/2011

Teacher and Student

CA Teacher Pension Fund Shortfall Grows To $56 Billion

The pension fund for California’s teachers is facing a $56 billion shortfall, even as its investments are doing better than expected.

03/31/2011

(credit: GABRIEL BOUYS/AFP/Getty Images)

Mayor Calls For Freeze On LA Retiree Benefits

Mayor Antonio Villaraigosa’s plan for an across-the-board freeze is similar to one being considered in the state legislature.

03/02/2011

LAFD

Costa Mesa May Outsource Firefighting, Street Sweeping Services

The city manager for Costa Mesa says ballooning pension fund costs are a big reason why lawmakers may need to cut key services.

03/01/2011

(Getty Images)

2 OC Officials On Leave For $228M Pension Error

Two Orange County officials have been placed on paid leave following the discovery of a computer error that resulted in a $228 million mistake in funding for pensions for county workers.

02/25/2011

(credit: Max Whittaker/Getty Images)

Riverside County Hires Firms For Pension Fund Reviews

The move comes as pension contributions are expected to double in the next decade from about $155 million to about $306 million in 2020.

01/11/2011

(AP Photo/Alan Diaz)

Calif. SEIU Workers OK Pay, Pension Cuts

California’s largest state employee union have ratified a deal calling for pay cuts for nearly 5 percent of the 95,000 government workers.

11/09/2010

(credit: AL SEIB/AFP/Getty Images)

Documents May Prove Salary, Pension Abuses In Bell

Members of the police union for the scandal-plagued city of Bell plan to release documents they say show salary, pension and other abuses committed by police officials and others.

10/28/2010

(Kevork Djansezian/Getty Images)

Unions Blast Villaraigosa Over LA Pension Reform Plan

The latest proposal to cut pension costs for the city of Los Angeles was met with cries of “pension envy” from the union for civilian workers.

KNX 1070 NEWSRADIO–10/27/2010

(credit: Frazer Harrison/Getty Images)

City Council Sends LA Pension Reform To Voters

If approved, sworn personnel with 20 years of service would be entitled to a pension equivalent to 40 percent — instead of 50 percent — of their average salary.

10/26/2010

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