$200 million is pretty decent savings no matter how ya slice it.
Pensions, the pot of gold at the end of the public service tunnel. They are always a hot topic, and even more so in recent years.
Sounds like agencies are tired of falling short on investment returns.
Retirees with “full-career” status are getting some very healthy checks from CalPERS.
Roughly three quarters of the city’s workforce is classified into a separate agency exempt from Social Security withholding and not as standard city employees.
A look at San Bernardino bankruptcy plan finds that the proposal benefits CalPERS, and maintains the full payment of employee pensions.
The 386-acre Coral Mountain Project was billed as a surfing oasis smack dab in the middle of the Coachella Valley desert.
GrassrootsLab’s Mike Madrid published an important op-ed in the Los Angeles Times