February, 2011

The Commission urges the Legislature to pursue structural changes that realign pension costs and expectations of employees, employers and taxpayers.

The County of Amador recently adopted the IRS-approved PARS 115 trust following in the footsteps of the Counties of Inyo, Merced, Mono, Shasta, Solano, Sonoma and Trinity

The County of Amador’s actuarial valuation in June of 2009 showed the costs

The possibility of layoffs recently prompted the City of Roseville to look for a more humane way to reduce its workforce.  With the help of PARS, the City designed a plan that offered an incentive for eligible City employees to

Tens of thousands of state workers are taking advantage of a little-known perk known as “air time” that makes them eligible for up to five years of retirement pay for years they didn’t work.

http://taxdollars.ocregister.com/2011/02/16/reformers-zeroing-in-on-public-employee-retirement-air-time/75711/