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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 49-60
  • Glendale employee unions agree to waive salary bumps

    As Glendale plans to cut its workforce by more than 100 employees, three city unions have agreed to no salary or cost-of living increases this fiscal year, officials reported. For several years, the unions have agreed to these provisions as the city...
  • Glendale firefighters agree to delay raises

    Glendale firefighters have agreed to cut a 4.5% promised cost-of-living raise to 2.5% in 2013 as the city continues to ask for employee concessions to save money. In 2015, firefighters are set to get a second 3.5% increase, bringing the total increase to...
  • 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...
  • 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,...
  • Glendale City Council candidates explain why they should be elected

    The 12 candidates vying for three seats on the Glendale City Council outline what makes them the best choice. Jefferson Black What City Hall needs is a diplomatic problem-solver. I’m open-minded, willing to listen to both sides of every issue. I&...
  • 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...
  • 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...
  • Bell fiasco can't be repeated

    If manure flows downstream, cities like Glendale and Ventura have found themselves in it up to their knees. In the weeks since news of the excessive executive salaries at the city of Bell broke, the cascading effects of those pay decisions have...
  • Gatto hopes for pension reform

    State lawmakers will hold a public hearing in Glendale next month on a pension reform measure proposed by Assemblyman Mike Gatto (D-Silver Lake) that would protect cities from having to contribute to bloated pension obligations for former employees....