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California Public Employees' Retirement System

A collection of news and information related to California Public Employees' Retirement System published by this site and its partners.

Top California Public Employees' Retirement System Articles

Displaying items 12-22
  • Can employees' pension benefits be cut?

    Could a city in bankruptcy be required to cut its employees' pensions as part of its reorganization plan, as a matter of fairness to other creditors taking cuts? Christopher M. Klein, the chief federal bankruptcy judge in Sacramento, answered that...
  • Stockton bankruptcy ruling will decide fate of public pensions

    In a closely watched case, a federal judge on Thursday is expected to decide whether the bankrupt city of Stockton can continue to pay employees generous pensions that soon could consume one-fifth of municipal revenues. The ruling has been much...
  • 99 ways to boost pensions in California -- at public cost

     99 ways to boost pensions in California -- at public cost
    Directing traffic is part of a police officer's job, and in the city of Fountain Valley, keeping cars moving comes with a $145 monthly bonus — and a bigger pension. Fountain Valley officers can also pump up their pensions by working with police...
  • Just when you thought you've heard it all on pensions....

    To the editor: Why should a library staff member receive a bonus for helping a patron? Why should a jail worker receive a bonus for answering a question from the public? Surely those activities are part of the employee's job description. ("99 ways to...
  • A look at some of the pension-boosting perks

    A look at some of the pension-boosting perks
    The board of the California Public Employees' Retirement System voted to add to a recent pension reform law 99 bonuses that can boost workers' current paychecks and also their future pensions. Here are some of these retirement-enhancing bonuses: • ...
  • H.B. council hopeful Posey wants fewer prohibitions, more businesses

    H.B. council hopeful Posey wants fewer prohibitions, more businesses
    Huntington Beach City Council candidate Michael Posey says he's had enough of the council banning consumer items — from plastic bags to sales of cats and dogs. He said he and many residents he has heard from are fed up with council members...
  • Kuehl, Shriver each made their mark

    Kuehl, Shriver each made their mark
    For Bobby Shriver, homelessness has always been an issue close to his heart. He made it a central focus during his years on the Santa Monica City Council. But his dogged campaign alienated some would-be allies and, former colleagues say, ultimately made...
  • CalPERS board strips Priya Mathur of posts after ethics law violations

    CalPERS board strips Priya Mathur of posts after ethics law violations
    The country's richest public pension fund has stripped one of its 13 members of her posts on its board of administration after she repeatedly violated California's political ethics laws. Rob Feckner, board president of the California Public Employees'...
  • Commentary: Consultant is obfuscating Newport financial data

    While Newport Beach's issuance of debt for the Civic Center and park occurred in November 2010, before I was even on the council, political consultant Dave Ellis' slate of City Council candidates (who never said a peep for four years) now question whether...
  • Commentary: City charter could lead to costly elections, lawsuits

    We all agree that there is a major problem with the underfunded public pension obligations in Costa Mesa and that something needs to be done. We do not all agree on the solution, and some have sought to make corrections through the proposed charter,...
  • Watchdog to weigh quadrupling of fine against CalPERS board member

    Watchdog to weigh quadrupling of fine against CalPERS board member
    California's political watchdog agency will consider quadrupling a fine against newly reelected CalPERS board Vice President Priya Mathur for failing to file timely campaign finance reports for 2012 and 2013. The proposed penalty follows a decision by...