State Controller John Chiang has unveiled a new Web site listing the salary, pension benefits and other compensation for nearly 600,000 city and county employees throughout California.
Mayor Antonio Villaraigosa and Controller Wendy Greuel say new changes to the city’s pension plan for police and firefighters could bring in up to $200 million in savings — but there’s a catch.
The DWP says it can’t afford retirement costs for 1,600 workers transferred from other city agencies to help the city avoid layoffs and furloughs.
The corruption charges keep piling up against officials in the city of Bell, and now a new report says the police chief may have skirted pension taxes by filing a false disability claim.
As its investment portfolio was losing nearly a quarter of its value, the country’s largest public pension fund doled out six-figure bonuses and substantial raises to its top employees, an analysis by The Associated Press has found.