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Pension and Welfare

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

Top Pension and Welfare Articles

Displaying items 13-24
  • Ron Kaye: It's time for Burbank to think twice

    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. The Burbank City Council took the lead last week by granting 100...
  • Report recommends 1.6% raise for Burbank attorneys union

    A state-appointed fact finder recommended a modest salary increase for members of the Burbank city attorneys union that’s far less than what the 11-member association had demanded after five years without a pay raise. In the fact-finding report...
  • Burbank mayor impressed by 'humanity' of incoming city manager

    Mark Scott’s career has led him up and down California, and across the country and back, so it’s no surprise he and his wife are always debating about which region they should call home. The 63-year-old Fresno-native spent two decades...
  • City of Burbank, management union reach accord

    The city reached an agreement with the Burbank management union in which its employees will pay their full employee pension contributions, a move that is expected to save city coffers more than half a million dollars through 2015. The 190 employees in...
  • 99 Cents Only Stores agrees to $1.6-billion buyout offer

    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. The chain said it had...
  • Approved union contract suspends bonus pay, keeps crossing guards

    The City Council on Tuesday signed off on a three-year contract that suspends bonus pay and increases employee pension contributions for the city’s largest union — moves that will help the city keep school crossing guards on its payroll,...
  • 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...
  • Verdugo swimming pool is on its way

    Recently there have been a number of letters regarding the closure of the Verdugo Park swimming pool (“There is no bonus to bonus payouts,” July 6). I thought it might be helpful to clarify the reason for this temporary closure. In recent...
  • Motion Picture & Television Fund workers protest stalled talks

    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. The...
  • 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,...
  • 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...
  • City manager rejects initial raise, starts pension contributions

    City manager rejects initial raise, starts pension contributions
    Burbank City Manager Mike Flad’s contract — renewed last week through 2016 — includes a modest pay raise and a new hybrid vehicle, but for the first time, he’ll start contributing to his pension, mirroring similar moves taken by...