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It appears that Governor Jerry Brown’s recently unveiled 12-Point Public Employee Pension Reform Plan is gaining traction over a wide swath of California voters and not just fiscal conservatives. Periodically the Sacramento Bee publishes an ...
Tailgating at the Office Joy C. Rosenquist Think of a company Christmas party as tailgating. The ball game stadium is the office and the party is in the parking lot. Even though you’re partying in ...
The biggest pension fund for California teachers, CalSTRS, is experiencing a massive funding gap and the California Governmental Accounting Standards Board (GASB) is proposing new accounting rules for calculating the fund’s liabilities that will make ...
CalPERS CEO Issues Statement on Governor's Pension Reform Proposal SACRAMENTO, CA – Anne Stausboll, Chief Executive Officer of the California Public Employees’ Retirement System (CalPERS), today issued the following statement in response to Governor Edmund ...
CalSTRS Response: https://www.calstrs.com/Newsroom/whats_new/pension_reform_response.aspx CalSTRS appreciates that Governor Brown has taken a very important step in addressing the critical and complex issues facing the state's public pension systems. We look forward to receiving more detail on ...
Governor Brown’s 12 point pension reform plan that was released today outlines big changes to current and future public employees, including California state employees as well as employees of local governments, schools and special districts. ...
How Governor Brown’s Pension Reform Plan Affects Public Safety It appears that Governor Brown has offered some amnesty to Public Safety in his Pension Reform Plan released today at 11:00am, but public safety will be ...
Main Points of Governor Brown’s Pension Reform Plan 1. Equal Sharing of Pension Costs: All Employees and Employers 2. “Hybrid” Risk-Sharing Pension Plan: New Employees 3. Increase Retirement Ages: New Employees 4. Require Three-Year Final ...
Goyette & Assocaites Attorney Stephen Palazzo Prevails in Ralls Case The California Third District Court of Appeals grants Aaron Ralls’ appeal of the trial courts ruling. The appellate court orders the trial court to reverse ...