August, 2011

31
Aug
2011

Legislative Alert – August 2011

Categories: Legislative Updates

 

…PENSION REFORM AGAIN?

Pension reform stalled between the governor and Democratic and Republican leadership during the budget process this year. However, the issue is likely to be taken up again next year. Governor Brown will apparently be releasing an

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11
Aug
2011

US budget ax hangs over California…

Categories: California Developments

It's a seldom discussed fact how heavily dependent Sacramento is on Washington's borrowed money. The same goes for California schools and local governments.

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10
Aug
2011

Contra Costa Mosquito & Vector Control District Chooses the Advantages of the PARS OPEB Trust

Categories: Hot Sheets,OPEB/GASB 45/75

Contra Costa Mosquito & Vector Control District wanted to be proactive in addressing its future retiree health obligations.  After determining its unfunded liability, the District began exploring suitable pre-funding options. The District found that the right solution was participating in

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04
Aug
2011

Teachers want changes in pension spiking bill…

Categories: California Developments

The California Teachers Association and California State Teachers’ Retirement System are opposing a bill that would limit pension “spiking,” the practice of boosting salaries right before retirement to increase pension payouts.

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