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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
  • 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...
  • Redevelopment important to infrastructure

    With the announcement of his proposed new budget, Gov. Jerry Brown is calling for the closing of the individual redevelopment agencies across the state, and tapping those redevelopment funds to fill a portion of the state budget gap. Well, what exactly...
  • It's time to ban the bonuses

    Enough is enough, and in the case of Burbank city employees, “enough” has become way too much. Employees in all city departments — from entry level file clerks and receptionists, to upper-level management and department heads —...
  • Gatto and Ramani go into detail

    MIKE GATTO: 1) California faces projected budget deficits of close to $20 billion annually for the next several years. What specific steps must the state take to achieve a balanced budget? To paraphrase Winston Churchill, the next few years are likely...
  • 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...
  • Ex-Glendale police chief offered disability pension from Bell

    Ex-Glendale police chief offered disability pension from Bell
    More than half of the disability retirements awarded to police officers under former Bell City Administrator Robert Rizzo — including those given to three police chiefs — should not have been granted, and workers' compensation settlements...
  • Pension for Randy Adams is slashed by more than $100,000 a year

    Pension for Randy Adams is slashed by more than $100,000 a year
    Former Bell Police Chief Randy Adams will continue receiving generous retirement benefits even after CalPERS slashed the amount by more than $100,000. Adams, whose $457,000 salary was higher than Los Angeles Police Chief Charlie Beck's and more than...
  • Mayor seeks alternative option for coyotes

    Mayor seeks alternative option for coyotes
    Glendale Mayor Laura Friedman is calling on city officials to use the techniques of animal welfare groups when dealing with coyotes in the future rather than turning too hastily to traps. During the City Council meeting Tuesday, Friedman said several...
  • Randy Adams, former Glendale police chief, cracks public pension Top 10

    Randy Adams, former Glendale police chief, cracks public pension Top 10
    The number of former public employees making more than $100,000 a year in retirement from California’s largest public pension system has jumped 99% in the last two years. The Orange County Register calculated that there are 12,199 retirees in the...
  • In latest union deal, Burbank managers agree to forgo bonuses

    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 2012 and will require managers to start...
  • 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...