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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
  • 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,...
  • 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...
  • Burbank firefighters agree to pay more toward pensions

    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. After three years...
  • 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...
  • 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,...
  • 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...
  • 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...
  • 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...
  • 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&...
  • 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...
  • 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...