More and More Pensioners Are Joining the ‘$100k Club’
The number of public retirees receiving more than $100,000 in pension checks from CalPERS each year has exploded from 1,841 in 2005 to 21,652 in 2015.
The number of public retirees receiving more than $100,000 in pension checks from CalPERS each year has exploded from 1,841 in 2005 to 21,652 in 2015.
Sonoma County residents who believe the pension situation is significantly improving are getting a rude awakening thanks to an eye-opening report on Sonoma’s unfunded liabilities.
CFO Paul McDonnell has suggested that due to pension costs, the county may have to downsize or freeze payrolls
Join our friends from Capitol Weekly for PUBLIC PENSIONS, a conference in Sacramento on Thursday, February 11th. Can’t join in person?
For a look at how old pension policy can have long term consequences for your local government, look no further than the Moraga Orinda Fire District.
A look at San Bernardino bankruptcy plan finds that the proposal benefits CalPERS, and maintains the full payment of employee pensions.