What private company can afford a pension plan that will pay a retired employee almost $200,000 a year? We have allowed our leaders to pile perk upon perk until the retirement pensions we pay the average government employee are totally out of line. WILLIAM C. JOHNSTON, Pasadena...
If approved, qualifying members can transfer their membership, years of service and retirement contributions from LACERS to the Los Angeles Fire and Police Pensions pension plan, Tier 6. Amendment FF would also require the city to cover all expenses and costs tied to the transfers. Amendme...
“She brings a vast amount of experience as a registered nurse to the position, which will be helpful in determining whether or not a cause of death is of a natural nature, along with the understanding of underlying mechanisms of disease and illnesses,” Schmidt said. “That knowledge, along...
Flynn, a board member of the Ventura County Employees Retirement Assn., says that over the years, prudent investments have swelled the county’s pension fund to $470 million. After paying $18 million in annual benefits and setting aside 5% of the total amount as a hedge, the pension fund ...
That is something that is an opportunity with the retirement [of former Auditor Lloyd Weer]., with the strategic plan going on.”Oh yeah, the strategic plan and “county governance.” McGourty’s big on phrases like that to hide the real purpose of creating the Finance Director position: ...
I was trained in being a public trustee at a public pension system by CALAPRS (California Association of Public Retirement Systems) at Stanford Law School, UC Berkley's Haas School, and UCLA's Anderson School. I served on the Retirement Board with collegiality and mutual respect, as I was ...
Austin Plan Narrows Search. The article reports that finalists have been selected in a search for a small-cap growth manager at the $1.5 billion City of Austin Employees' Retirement System (COAERS) in Texas, according to Stephen Edmonds, the executive director of t... S M. - 《Investment...
the SACRES Public Pension Investment Management Program conducted by the Haas School of Business, University of California, Berkeley, and completed CAPRS Board Leadership Institute: Advanced Principles in Governance, led by the Anderson Graduate School of Management, University of California, Los Angeles...
Michael Sitrick, president of the Los Angeles-based firm, declined to discuss the controversy over his firm’s bill or whether he plans to take action against the county in court. * Popejoy proposed early retirement incentives to lure an additional 200 to 400 more employees out the door and...
The bill includes a range of measures, but the most controversial is a raise of the retirement age from 62 to 64. The government argues that France has the lowest retirement age in the European Union and the state finances can’t keep up. The opposition replies that the finances aren’t ...