CalSTRS Response To Governor Brown’s Pension Reform

CalSTRS Response: http://www.calstrs.com/Newsroom/whats_new/pension_reform_response.aspx CalSTRS appreciates that Governor Brown has taken a very important step in addressing the critical and complex issues facing the state’s public pension systems. We look forward to receiving more detail on the proposal and having the opportunity to review it in depth. The most important reform ...Read More

How Will Governor Brown’s Pension Reform Plan Affect Public Safety

How Governor Brown’s Pension Reform Plan Affects Public Safety It appears that Governor Brown has offered some amnesty to Public Safety in his Pension Reform Plan released today at 11:00am, but public safety will be affected, especially new hires. 1. Equal Sharing of Pension Costs: All Employees and Employers: This ...Read More

Main Points of Governor Brown’s Pension Reform Plan

Main Points of Governor Brown’s Pension Reform Plan  1. Equal Sharing of Pension Costs: All Employees and Employers 2. “Hybrid” Risk-Sharing Pension Plan: New Employees 3. Increase Retirement Ages: New Employees 4. Require Three-Year Final Compensation to Stop Spiking: New Employees  5. Calculate Benefits Based on Regular, Recurring Pay to ...Read More

PUBLIC SECTOR EMPLOYEE ORGANIZATIONS NEED TO CAREFULLY CHOOSE THEIR MESSAGE IF THEY HOPE TO KEEP THEIR CURRENT PENSION BENEFITS

 As the movement for pension reform gains momentum in Sacramento and throughout California public employee organizations need to carefully look at their message, much of which has not changed in many years. First, public sector employees should be sure that their message or argument is accurate. Next, does that message ...Read More

Movement to End Collective Bargaining in CA Gains Momentum

The Sacramento Bee recently reported that a group, looking to abolish collective bargaining rights for all of California’s public sector employees, filed three ballot initiatives this week. The group is called the California Center for Public Policy and arrears to be led by a UC Santa Barbara economic lecturer named ...Read More

GOVERNMENT AS USUAL IN SACRAMENTO COUNTY

Sacramento County has given us yet another piece of evidence that certain elected officials and managers of California government entities have devolved into nothing more than their own personal existence justification system. Over the last three years we have repeatedly seen government managers go to extraordinary lengths to protect themselves ...Read More