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The pension reform bill that the California legislature is expected to approve Friday may save a lot of money for your grandchildren. For you, not so much. While a preliminary analysis by the ...
Until California addresses comprehensive pension reform, the state will continue to sink deeper into debt. Even Democrats in Rhode Island, New Jersey and Illinois are pushing through pension reform.
Legislation intended to curb pension spiking has become so watered down that it would now do little to prevent California public employees from boosting their end-of-career paychecks, critics say ...
But public employee unions in California would like to undo even the small amount that has been done. The governor’s 2012 pension reform law has been challenged with […] Skip to content ...
In 2013, the PEPRA (Public Employee Pension Reform Act) legislation lowered pension benefit formulas in an attempt to restore financial sustainability to California’s public employee pensions. But ...
California Pension Reform, a Republican-led advocacy group, proposed an initiative for the 2012 ballot that would have reduced benefits for both current and newly hired public workers.
Hiring at California public agencies accelerated on the eve of pension reform between Dec. 24, 2012, and Dec. 31, 2012. How the 10 departments that added the most new people in that window have ...
California pension reform incites scrutiny. Skip to content. All Sections. Subscribe Now. 76°F. Monday, July 29th 2024 Today's e-Edition. Home Page. Close Menu. News. News; Latest Headlines; ...
Stefani and the Teamsters Union, the measure’s sponsor, contend that Brown’s reform leaves workers without sufficient pension benefits to offset California’s notoriously high costs of living ...
Opinion: Lawmakers could undermine California’s landmark public pension reform by Dan Walters • CalMatters Columnist May 4, 2025, 10:00 a.m. May 2, 2025, 4:03 p.m. Share this: ...
We’ve still got to do much more there.”But public employee unions in California would like to undo even the small amount that has been done. The governor’s 2012 pension reform law has been ...