Good, hard-working Americans shouldn’t be forced to contemplate leaving their chosen profession as they are with federal laws such as Obamacare.
State Sen. Kevin DeLeon says there are lingering questions over exactly what measure can be taken by lawmakers in the wake of the recent misconduct charges.
Officials in one of California’s most prominent beach cities have approved a new contract with fulltime lifeguards that would scale back pension benefits in the aftermath of public outcry over their compensation.
Officials in one of California’s most prominent beach cities are expected to vote on a new contract with fulltime lifeguards that would scale back pension benefits in the aftermath of public outcry over their compensation.
The vote came amid ongoing closed-door talks to pressure police and firefighters to contribute part of their salaries toward retirement health care.
The four bargaining units who voted to oppose the new contract agreement now have one week to call for a new vote or to ask for specific changes to the agreement.
Mayor Bob Foster issued a dire warning to pension policy makers at a forum entitled, “Is California Headed for a Super Storm of Unfunded Pension Liabilities?”.
A partisan split over how to change California’s massively underfunded pension systems is playing an increasingly prominent role in the debate over Gov. Jerry Brown’s plan to fix the state’s woeful budget.
A California watchdog agency on Thursday called on the governor and Legislature to freeze pension benefits for current state and local government workers and overhaul the existing system, as the debate over retirement benefits for public employees has exploded nationwide.
A ballot measure aimed at scaling back the retirement fund for future police and fire department employees won’t be voted on until next week.
An independent think tank says California’s pension fund is awash in red ink, and the burden for every worker in the state could rise to $10,000 a year by 2014.