pension

Friday Media Roundtable: A new Pope & great investigative reporting

Malihe Razazan — Fri, 15 Mar 2013 07:21:32 +0000

East Bay Express: Teachers financing guns

Darwin BondGraham — Mon, 28 Jan 2013 20:00:00 +0000

The state teachers' retirement system is attempting to divest itself from a company that finances the manufacture of assault weapons like the one used at Sandy Hook Elementary School. But even if it does, it still won't be out of the gun business.

Governor announces public pension plan

Hana Baba — Wed, 29 Aug 2012 00:18:02 +0000

Earlier today Governor Jerry Brown announced that he had reached a deal with state lawmakers that would mean sweeping changes for California’s public pensions system, and affect hundreds of thousands of state workers. The new rules would cap pensions while increasing the amount employees pay in; they would also increase the retirement age by up to seven years.

The pension problem: California cities search for solutions

Hana Baba — Wed, 15 Aug 2012 02:46:01 +0000

Thousands of Californians spent years working for city governments and are now collectively owed billions of dollars in retiree health care benefits. But a new study by the nonprofit research group California Common Sense finds that many cities, including Oakland and San Francisco, haven’t ever set aside money to pay these costs.

To pay old pension debt, Oakland weighs bet on future

Charlie Mintz — Wed, 20 Jun 2012 23:34:53 +0000

In a recent press conference, Mayor Jean Quan touted Oakland's balanced budget.

“I’m pleased to say that today we are not making any major cuts to any program,” she said. “We are not laying anybody off. In fact we are making a few modest increases.”