| Apr 16, 2014
| 9:03 PM
County, state and federal authorities are investigating the compensation of a South Bay school district superintendent who received nearly $675,000 last year, far more than the leaders of much larger systems.
The FBI and the Los Angeles County...
| Apr 20, 2014
| 4:37 PM
SACRAMENTO — A longtime board member of the country's largest public pension fund is in trouble again with California's political watchdog.
Priya Mathur, board vice president of the $288-billion California Public Employees' Retirement System,...
| Feb 27, 2014
| 2:15 PM
SACRAMENTO — Joseph A. Dear, the chief investment officer who helped guide California's and the country's largest public pension fund out of the Great Recession, has died. He was 62.
Dear died Wednesday in Sacramento after battling prostate cancer...
| Dec 29, 2013
The Detroit bankruptcy court judge's ruling that employee pensions are "on the table" for potential reductions has spurred yet another round of acrimonious debate between those on the right who blame public-sector pensions for virtually all of government'...
| Feb 5, 2014
| 4:40 PM
It was almost 11 p.m. Tuesday, nearly five hours after the start of the Costa Mesa City Council meeting, when the discussion turned to a touchy subject: pension obligations.
That's when the "big boogeyman" of a number, as the city's Pension Oversight...
| Feb 15, 2014
| 8:22 PM
Board members for the Mesa Water District approved a new labor agreement this week that will have the district's union membership contributing to its pensions.
The contract for the 32-member employee association stipulates that by December 2017, the...
| Feb 18, 2014
| 2:03 PM
In a move that activists described as the first of its kind for any American college or university, Occidental College in Los Angeles is pledging to stay away from any investments in companies that manufacture military-style assault weapons and high-...
| Dec 11, 2013
The conviction this week of former Assistant City Manager Angela Spaccia for plundering the small working-class city of Bell to enrich herself — along with former City Manager Robert Rizzo's plea to 69 similar charges in October — closes one...
| Jan 13, 2014
| 6:26 PM
SACRAMENTO — California's huge pension fund reported a 16.2% return on its investments in 2013 — its best results in more than a decade.
The California Public Employees' Retirement System, which provides benefits to about 1.7 million state...
| Jan 23, 2014
| 1:07 PM
The Laguna Beach Unified School District board unanimously voted Jan. 14 for a tentative contract that would allow certain teachers and administrators to retire early and still reap certain benefits.
But the retirement incentive program would be offered...
| Nov 21, 2013
| 8:01 PM
A nearly four-hour meeting on Costa Mesa's public pension plans Wednesday brought modest debate to the fore of what's been called an "out-of-control" financial situation for taxpayers.
The city's Pension Oversight Committee met with Kerry Worgan, a...