July, 2014

28
Jul
2014

Bills, Bills, Bills – An Update on the CA Legislative Session

Categories: California Developments,Legislative Updates

It’s been quite some time since we covered the goings ons at the State Capitol but there are a handful of bills that are currently making their way through the legislative process that you might want to keep an eye on. The Legislature has until August 31st to pass (or kill) all bills and send them to the Governor for a signature (or veto). The Gov has until September 30th to act.

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28
Jul
2014

Will CalSTRS’ Robust Earnings Reduce Contribution Rates?

Categories: California Developments

Q. With strong investment returns recently reported by CalSTRS, will their unfunded liabilities be reduced enough to lessen the contribution rates needed?

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14
Jul
2014

San Diego Unified Approves Early Retirement for 471 Teachers

Categories: Early Retirement Incentives,PARS In the News

The San Diego Unified School District Board of Education gave final approval to implementing a supplemental early retirement program for 471 eligible teachers in a move to trim about $29.6 million from its budget over the next five years. District officials said early retirement will be beneficial due to declining enrollment and common core standards and other requirements that will necessitate adjustments.

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03
Jul
2014

Coachella Valley Water District: Making Every Drop Count

Categories: Hot Sheets,OPEB/GASB 45/75

Coachella Valley Water District becomes one of the newest member of the PARS OPEB Trust program, citing experience, multiple investment options, and a dedicated portfolio manager as reasons why PARS was the most-qualified firm.

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03
Jul
2014

PARS Awarded Contract from Texas Assoc. of Community Colleges Purchasing Network Co-op

Categories: Hot Sheets,Texas Developments

PARS is pleased to announce that we are a recommended awarded contractor of the Texas Association of Community Colleges (TACC) Purchasing Network Cooperative for the Tax Deferred Separation Incentive Plan and Alternative to Social Security for Adjunct, Part-time, Seasonal, and Temporary Employees.

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