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A collection of news and information related to Pension and Welfare published by this site and its partners.

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    May 17, 2013 |Story| Burbank Leader
  1. Ron Kaye: It's time for Burbank to think twice

    Here we go again — at the first sign of recovery from the worst recession since the Great Depression, government officials are gearing up to line their pockets with taxpayer money.
    Here we go again — at the first sign of recovery from the worst recession since the Great Depression, government officials are gearing up to line their pockets with taxpayer money. The Burbank City Council took the lead last week by granting 100...

    Tags: Government, Politics, Civil and Public Service, Missing Persons, Interior Policy

  2. May 15, 2013 |Story| Burbank Leader
  3. Burbank employee raises to save city money via higher pension contributions

    Roughly 100 Burbank employees are slated to receive raises this coming fiscal year after a city-commissioned survey showed their salaries were well below average when compared to those in a dozen other local cities, officials said. Officials say the move...

    Tags: Politics, Health and Safety at Work, Google Inc., Interior Policy

  4. Apr 1, 2013 |Story| Burbank Leader
  5. How Burbank City Council candidates would balance the budget

    Assume you are elected onto the City Council, and city staff says you need to cut $3 million, or roughly 2%, from the General Fund to balance the budget. What would you cut and why? Dave Golonski Age: 54 Profession: Burbank Councilman This year&...

    Tags: Politics, Budgets and Budgeting, Interior Policy, Google+, Easter

  6. Mar 22, 2013 |Story| Burbank Leader
  7. How Burbank City Council candidates would balance budget

    Assume you are elected onto the City Council, and city staff says you need to cut $3 million, or roughly 2%, from the General Fund to balance the budget. What would you cut and why? Dave Golonski Age: 54 Profession: Burbank Councilman This year's...

    Tags: Politics, Budgets and Budgeting, Interior Policy, Easter, Local Elections

  8. Mar 22, 2013 |Story| Burbank Leader
  9. Burbank firefighters agree to pay more toward pensions

    Burbank will save $643,000 over the next two years after the City Council this week approved a labor agreement with Burbank firefighters that would require them to pay their full employee pension contribution in return for a 5.5% raise.
    Burbank will save $643,000 over the next two years after the City Council this week approved a labor agreement with Burbank firefighters that would require them to pay their full employee pension contribution in return for a 5.5% raise. After three years...

    Tags: California Public Employees' Retirement System, Politics, Jerry Brown, Google Inc., Interior Policy

  10. Feb 22, 2013 |Story| Burbank Leader
  11. Motion Picture & Television Fund workers protest stalled talks

    Dozens of healthcare workers from the Motion Picture & Television Fund rallied outside the charity's Wasserman campus in Woodland Hills and other locations around Los Angeles on Thursday to protest stalled contract talks with their employer.
    Dozens of healthcare workers from the Motion Picture & Television Fund rallied outside the charity's Wasserman campus in Woodland Hills and other locations around Los Angeles on Thursday to protest stalled contract talks with their employer. The...

    Tags: Politics, Social Issues, Los Angeles Times, Collective Contract, Career and Workplace

  12. Jan 4, 2013 |Story| Burbank Leader
  13. Sharing a letter written to politicians

    I sent a note with the following points to our elected representatives: 1. United we stand, divided we fall. Once upon a time we were Americans first and foremost. The only nation in the world whose founding fathers had a vision of Democracy based on all...

    Tags: Politics, Interior Policy, Consumer Confidence

  14. Sep 16, 2012 |Story| Burbank Leader
  15. Pension law expected to save Glendale, Burbank money

    Legislation signed by Gov. Jerry Brown this week that would require new public employees to work longer before retiring with full benefits, while at the same time requiring them to eventually cover at least half of the contribution to their retirement...

    Tags: Government, Politics, Labor Markets, Executive Branch, Career and Workplace

  16. May 11, 2012 |Story| Burbank Leader
  17. Burbank suspect in welfare fraud bust is sought

    A welfare fraud bust in Pasadena, Glendale and Burbank this week netted three arrests, nine guns and almost $300,000 in cash, according to Pasadena police. George Kerio, 38, of Glendale, the owner of Sunshine Liquor on East Colorado Boulevard in...

    Tags: Crime, Law and Justice, Politics, U.S. Secret Service, Interior Policy, Marketing

  18. Mar 16, 2012 |Story| Burbank Leader
  19. Greg Krikorian's ambition is tragic

    This reader chuckled when reading your article titled, “Krikorian goes after Gatto's Assembly seat” on March 11, in which Glendale Unified school board member Greg Krikorian described himself as a moderate who wanted to tackle pension reform,...

    Tags: Politics, Interior Policy

  20. Dec 23, 2011 |Story| Burbank Leader
  21. Management union agrees to concessions

    The Burbank Management Assn. this week became the latest group of city employees to forgo bonuses and contribute to their pensions. The City Council on Tuesday approved the new contract, which runs through June and will require managers to start paying...

    Tags: Government, Politics, Interior Policy, Public Employees, Interior Policy

  22. Oct 11, 2011 |Story| Burbank Leader
  23. 99 Cents Only Stores agrees to $1.6-billion buyout offer

    99 Cents Only Stores Inc. has agreed to be taken private in a deal  valued at  about $1.6 billion, the City of Commerce deep-discount  retailer said  Tuesday, after months of talks with several groups  interested in buying  the company.
    99 Cents Only Stores Inc. has agreed to be taken private in a deal valued at about $1.6 billion, the City of Commerce deep-discount retailer said Tuesday, after months of talks with several groups interested in buying the company. The chain said it had...

    Tags: Politics, Mergers, Acquisitions and Takeovers, Interior Policy, 99 Cents Only Stores, Los Angeles Times

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Pension and Welfare Photos
States nationwide have badly underfunded pension plans.
(April 29, 2013)
States nationwide have badly underfunded pension plans.
Welfare benefits changes
(April 22, 2013)
Welfare benefits changes
Kim Matthews has joined Northern Trust's Multi-Manager...
(March 4, 2013)
Kim Matthews, pension risk strategist, Northern Trust