June, 2011

29
Jun
2011

Legislative Alert – June 2011

Categories: Legislative Updates

 

…BUDGET SHENANIGANS

The California Legislature finally passed an on-time budget on June 15. Unfortunately for legislators and their wallets, the budget was vetoed the next day by Governor Jerry Brown. Democrats pushed the plan on a majority vote (now

read more...
28
Jun
2011

GASB’s Robert Attmore discusses new pension rules…

Categories: National Developments

The Governmental Accounting Standards Board is poised to approve new regulations that will have a major impact on the way states calculate their pension liabilities. The changes are meant to make it easier to compare the health of pension funds

read more...
10
Jun
2011

The City of Odessa Saves Money with New Program for Part-Time Employees

Categories: Hot Sheets,Texas Developments

When the City of Odessa wanted to reduce operating costs without impacting services, they turned to PARS and their FICA alternative for part-time, seasonal, and temporary (PST) employees.  PARS Alternate Retirement System (ARS) reduces payroll costs by replacing Social Security

read more...
10
Jun
2011

Contra Costa County Chooses the “Full-Service Leader in OPEB” – PARS

Categories: Hot Sheets,OPEB/GASB 45/75

 

Contra Costa County has taken steps to address its $1 billion OPEB liability.

Understanding the need for addressing a $2.6 billion OPEB liability, Contra Costa County worked together with labor through collective bargaining to reduce the liability to just

read more...

Archive

  • +2017 (8)
  • +2016 (26)
  • +2015 (60)
  • +2014 (41)
  • +2013 (28)
  • +2012 (56)
  • +2011 (43)
  • +2009 (1)
  • +2004 (2)