August, 2011

…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

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.

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

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.