RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

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 37-48
  • Couple pleads guilty to embezzlement

    A couple who owned three Glendale-based post-production film companies pleaded guilty Tuesday to embezzling more than a $1 million — a portion of it from their employees’ retirement fund, but the lion’s share for not paying their...
  • Pension overhaul is long overdue

    Gov. Jerry Brown’s pension overhaul for public employees — one of the most significant rollbacks of its kind in state history — is a huge victory for hundreds of municipalities across the state that, until now, have had to labor...
  • Randy Adams takes the Fifth 20 times at pension hearing

    Randy Adams takes the Fifth 20 times at pension hearing
    Already one of California's highest paid public pensioners, former Bell Police Chief Randy Adams this week asked a state pension panel to double his retirement pay to reflect the huge salary he received during his brief stint as the top cop in the...
  • Pension reform leads issues at candidate forum

    Pension reform leads issues at candidate forum
    City pensions and looming electricity rate increases were front and center Saturday as 10 of the 13 candidates for City Council faced off at the first election forum of the campaign season. In front of about 80 people at the Oakmont Country Club,...
  • CV Water District dips into reserves to cover pension debt

    Crescenta Valley Water District officials this week voted to draw down heavily on the utility’s reserves to pay off a ballooning pension liability — a decision they said would have positive long-term affects given the high interest rate they...
  • Glendale pension costs keep rising

    Pension costs and other employee benefits continue to be a huge financial burden for Glendale, despite some gains in raising revenue and controlling costs, according to the most recent data available. As of June 2012, the annual pension cost was about...
  • After impasse with IBEW, Glendale City Council imposes pay cut on utility workers

    After impasse with IBEW, Glendale City Council imposes pay cut on utility workers
    More than 200 Glendale Water & Power employees and their union comrades packed City Hall Tuesday night to protest a contract that cuts their pay by 1.75%. Despite the showing, the City Council — unable to reach a deal with the International...
  • Glendale officials to see black ink

    Glendale officials say they expect the city to end the fiscal year next month $3.9 million in the black — money that could be used to shore up worker compensation and other funds that are in severe need of replenishment. In addition to the surplus...
  • Glendale pays big pension numbers

    Glendale pays big pension numbers
    As Glendale struggles to get a handle on its growing pension obligations, records show that about 11% of the nearly 1,350 city retirees draw annual pensions of more than $100,000 a year — and some of them far more than that. At the top of the list...
  • Former city workers retired, but still working

    Former city workers retired, but still working
    Former Glendale Police Capt. Ray Edey is not one to relax, so when he had the opportunity to return to writing grant applications for the city in September 2011, about a week after he retired, he took it. "I don't golf, fish or hunt," said the 30-year...
  • Pension cost rise threatens Glendale's budget

    Glendale officials warned this week that planned changes to how the state's pension agency calculates contribution rates will have a significant impact on a city still recovering from a prolonged recession. The California Public Employees' Retirement...
  • Judge rejects Randy Adams' bid to double pension

    Judge rejects Randy Adams' bid to double pension
    A judge has rejected an effort by Bell's former police chief to more than double his pension to $510,000 a year, saying that the City Council never approved his extravagant contract and that city officials tried to keep his salary secret. Randy Adams,...