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# Share Your Votes Blog/Website  Recent Posts                 
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Pay cuts for misbehavior and dozens of dismissals: Is Cal Fire's crackdown going too far?: Firefighters can’t say they weren’t warned. A new professional standards program at Cal Fire is giving the department a mechanism to hand down discipline in a consistent manner across the … Click to Continue »
Poop jokes, trash talk and a gun at work – a look at Cal Fire's crackdown on misconduct: Cal Fire has a new internal affairs unit that allows the state fire department to handle discipline consistently for the first time. The Sacramento Bee reviewed 95 recent disciplinary actions … Click to Continue »
Cal Fire discipline cases: Off-duty fights, packing heat at the station, girls on the truck, veteran firefighters are disciplined across California … Click to Continue »
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CalPERS faces steep climb to rebuild its funding: Last year was one of the best ever for the CalPERS investment fund, a gain of $47 billion that boosted the total to $350 billion. But pension funding only increased from 68 to 71 percent of the projected assets needed to pay future costs. A CalPERS report last week said investments earned 15.7 ...
CalPERS may join union foes of 401(k) option: A bill by state Sen. Steven Glazer, D-Orinda, giving new state workers the option new University of California workers received two years ago, a 401(k)-style plan rather than a pension, is opposed by unions and soon may be opposed by CalPERS. More than a third of eligible new UC employees have ...
Some cities outsource their highest pension costs: Dozens of cities, many of them formed in recent decades, do not directly pay police and firefighter pension rates. They get their safety services though contracts with county sheriff departments and large fire districts. An example is Lake Forest, a community in Orange County formerly known as ...
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Forum tomorrow in Newport Beach will address California’s public pension crisis: The Association of California Cities-Orange County will hold a pension forum Friday in Newport Beach featuring several local leaders. The discussion of California’s public pension crisis will include state Sen. John Moorlach (R-Costa Mesa), Newport Beach City Councilwoman Diane Dixon, Huntington ...
Coping with the public employee pension albatross: Instead of the cross, the albatross About my neck was hung. – Samuel Taylor Coleridge, The Rime of the Ancient Mariner, 1798 By Ed Ring | In Coleridge’s famous poem, a sailor who killed an albatross has it hung around his neck as punishment. Since then, the albatross, which sailors used to consi...
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A Response to Yves Smith on CalPERS: Yes, The Twelve Days of CalPERS by Yves Smith at naked capitalism is very witty, but it plays into the hands of those who would like to see public pensions dismantled. I like some of the work Yves Smith has  have been reporting on CalPERS, which obviously needs not only watching but needs to be ...
CalPERS Candidate Forum: September 16, 2014: CalPERS Auditorium Looking Toward Board Seats Please attend the upcoming CalPERS Candidate Forum. Sorry, I haven’t been keeping this site up but have concentrated on Corporate Governance. However, another election cycle is coming up at CalPERS. State and local government employees will each ele...
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CalPERS Issues Circular Letter Regarding Employer Obligations for Out-of-Class Appointments, But Many Questions Remain: This post was authored by Michael Youril. On April 27, 2018, the California Public Employees’ Retirement System (“CalPERS”) issued Circular Letter No.: 200-021-18, which discusses limitations imposed on “out-of-class appointments” by Assembly Bill 1487, which added Government Code section 20480. ...
CalPERS Reduces Amortization Period with Impacts to Employer Contribution Rates: This post was authored by Stephanie J. Lowe and Frances Rogers. The California Public Employees’ Retirement System (CalPERS) recently decided to change its Actuarial Amortization Policy (“Amortization Policy”), which will impact employer contribution rates for contracting agencies. The revised Am...
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CalPERS manages pension and health benefits for more than 1.6 million California public employees, retirees, and their families. The second largest public pension fund in the US, they are internationally known for their shareowner activism.

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