CSR | Political Activity

Public Unions Take On Boss to Win Big Pensions

Posted Jun 23, 2011 by newspaper editor    0 Comment(s)  -1 Likes Like Dislike

New York Times June 21, 2011

Then Jim Righeimer, a conservative activist and real estate developer, jumped into the race last year.

The city was on the road to insolvency, he warned, because public employee unions had pressured politicians into handing over generous salaries and pensions. The police chief received $298,000 a year in total compensation, Mr. Righeimer noted. The deputy fire chief had retired with a pension of more than $182,000 a year.
[Read More...]



Governor vetoes Democratic budget

Posted Jun 16, 2011 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

Sacramento Bee June 16, 2011

Gov. Jerry Brown vetoed his own party's budget today, less than 24 hours after Democratic lawmakers sent him a majority-vote plan balanced with risky solutions.

The Democratic governor said during his campaign and throughout this year he would not sign a budget filled with "gimmicks," though he suggested earlier this week he had relaxed that stance.

[Read More...]



CalPERS Board Adopts 2012 Health Benefits Rate Package

Posted Jun 16, 2011 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

The California Public Employees’ Retirement System’s Board of Administration on June 15 adopted a 2012 health care rate package with an overall annual premium increase of 4.1 percent for more than 1.3 million CalPERS members.

[Read More...]



CalPERS Ambassador Program is Coming to Southern California

Posted Jun 16, 2011 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

All CalPERS retirees are invited to participate in CalPERS Ambassador Program at the El Dorado Park Senior Center in Long Beach Sept. 27.

The volunteer Ambassadors will receive education, training and communications so they can better understand, and in turn better communicate, the facts about their retirement benefits. Ambassadors will come together for an initial training and then receive timely facts and outreach ideas via e-mail.

[Read More...]



California budget talks hit an impasse

Posted Jun 08, 2011 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

Republican lawmakers are prepared to let voters decide whether to close California's stubborn budget deficit with higher taxes in exchange for major changes in state spending, public pensions and regulatory policies.

[Read More...]



The Outlook at Calpers Is Brightening, a Little

Posted May 19, 2011 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

Wall Street Journal, May 19, 2011

The nation's biggest pension fund is on target to notch one of its strongest annual returns in the past 20 years, performance that is helping the fund regain its health and its confidence.

But state residents still are being stung by the California Public Employees' Retirement System's funding gap, showing the deep hole into which many pension funds have dug themselves.
[Read More...]



State contributions to CalPERS will fall in the coming year

Posted May 17, 2011 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

The state's annual contribution to CalPERS will fall slightly in the upcoming fiscal year, the pension fund announced today.

CalPERS said the state's contribution in the new fiscal year will hit $3.51 billion. That compares with $3.68 billion in the current year. [Read More...]



Brown releases revised budget plan with $6.6-billion windfall

Posted May 17, 2011 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

State revenue has rocketed to a projected $6.6 billion beyond expectations, a windfall that Gov. Jerry Brown wants to use to stabilize education spending and help repair California's battered finances.

In the revised budget plan that Brown released Monday, schools would receive about $3 billion that would otherwise have been deferred, aiding districts' ability to plan the academic year. The proposal also devotes some of the unanticipated money to business tax credits and to delaying a portion of the tax increases the governor had sought earlier this year. [Read More...]



Union members rally at Capitol to protest budget cuts

Posted May 16, 2011 by newspaper editor    0 Comment(s)  0 Likes Like Dislike

More than a thousand teachers, state workers and others fanned out across the south lawn of the Capitol on Friday to pressure Republican lawmakers to extend expiring taxes to avoid further budget cuts.

The event capped a week of demonstrations by the California Teachers Assn., whose members lobbied lawmakers, staged rallies and, on two occasions, got arrested for refusing to leave the Capitol after the building closed. On Friday, David Sanchez, the union’s president, said that his arrest -– and those of 25 others –- brought attention to the cause of public education.

[Read More...]



California public employees get more compensation, disputed report says

Posted May 06, 2011 by newspaper editor    0 Comment(s)  2 Likes Like Dislike

Battle lines sharpened Thursday over California's public pensions with the release of a new report that concludes pay and benefit packages for public workers are better than those for their counterparts in the private sector.

Commissioned by pension overhaul advocates poised to seek changes, the report drew immediate fire from public employee unions, which have muscled up to fight the emerging pension wars.

[Read More...]



1 ... 20 21 22 23 24 25 26 27 28 29

CSR is the largest, most experienced organization exclusively representing state government retirees!

 

Find Us

California State Retirees
3000 Advantage Way Sacramento, CA 95834

Contact Us

888.808.7197
916.326.4292
csrinfo@calretirees.org
Fax 916.326.4201

Follow Us

 
 

Hear From Us