Articles for category CalPERS

California lawmakers dismissive of aggressive pension rollback Posted Mar 03, 2011 by

Lawmakers on Wednesday reacted skeptically to a controversial new proposal to lower public employee pensions throughout state and local government.

"Frankly, I just don't see this happening," said Sen. Alex Padilla during a joint meeting of Assembly and Senate committees that oversee public employee compensation.

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2011 CalPERS Special Election Candidates' Forum Posted Feb 04, 2011 by

PERSWatch will sponsor a “CalPERS Candidates’ Forum,” moderated by the League of Women Voters of Sacramento County, on Tuesday, April 26, 2011 from 6:00 p.m. to 8:00 p.m.

The forum will take place in the CalPERS Auditorium, Lincoln Plaza North, 400 P Street, Sacramento, California.

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California Legislature heads toward passage of a budget Posted Oct 08, 2010 by

On the 99th night of the fiscal year, California lawmakers were still debating late Thursday whether to pass a budget, already the latest spending plan in state history.

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SEIU, Schwarzenegger agree to labor pact with pension concessions Posted Oct 07, 2010 by

The Schwarzenegger administration and Service Employees International Union Local 1000 have just announced a tentative labor agreement that includes higher employee contributions to their retirement plans and rolls back pension formulas for new hires to pre-1999 levels.

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