Syndicate content

Articles Tagged: "State Employees"

State Employees

NEWS: Almost $1 billion needed in 2015 to fix Calif. teachers pensions

ABC News 10 reports both independent analysts and top officials at the California State Teachers Retirement System have made clear to the State Assembly that contributions to the fund need to be boosted by $1 billion or risk its collapse.

Click Here to read the article.

Filed Under: News

EDITORIAL: California pension reform is threatened by word games

Press-Telegram editorial arguing that Attorney General Kamala Harris used misleading language in the summary of a ballot measure that would be a major step toward public union pension reform in order to delay signature gathering efforts to get it on the ballot in November.

Click Here to read the article.

Filed Under: News

NEWS: Study: State's pension debt spiked since February

Sacramento Business Journal reports California Common Sense, a nonprofit and nonpartisan watchdog group, recently released a study pointing out that despite glowing reviews for Brown’s 2013-2014 budget — which predicts a $1.7 billion general fund surplus — the state’s unfunded retirement liability has increased 5 percent since February.

Click Here to read the article.

NEWS: California lawmakers approve 4.5 percent state worker raises

ABC 7 News reports the state Senate this week ratified a three-year agreement that gives the 95,000 members of Service Employees International Union Local 1000 4.5 percent pay raises by July 1, 2015.

Click Here to read the article.

Filed Under: News

NEWS: On The Money: State Park Employees Caught Bowling While On The Clock

A CBS 13 News investigation caught employees of the State Department of Parks and Recreation going out for dinner and bowling during what was supposed to be a tax payer funded "team building" exercise.

Click Here to read the article.