Retirement-Sign.jpg

This blog post was authored by Erin Kunze.

In December, we reported on renewed proposals to amend California’s Constitution, as it relates to public employee pension benefits. At that time, former San Jose Mayor, Chuck Reed, and former San Diego City Councilmember, Carl DeMiao, were aiming to move one of two voter initiatives towards

This guest post was authored by Alison Neufeld

sacramento.jpgPublic sector pension reform has been a hot topic for months. But despite the public focus on the Governor’s 12-Point Pension Reform Plan, voter initiatives, charter amendments, litigation and bankruptcies fueled by unfunded pension liabilities, time seemed to be running out for pension reform during the current

Breaking News.jpgPension reform might still have a fighting chance.  As we mentioned in yesterday’s Special Bulletin, Governor Brown announced that he had reached an agreement with Legislative Democrats to move forward on pension reform with the California Public Employees’ Pension Reform Act of 2013 (”CPEPRA”).  

At the eleventh hour, the joint Conference Committee on

Retirement clock.jpgThis guest post was authored by Steve M. Berliner

Governor Brown issued a press release today indicating that an agreement was reached with legislative Democrats on public employee pension reform at the state level to take effect on January 1, 2013.  Details are sketchy at this point but it does appear that most of the

CA Seal.jpgDoes your public agency contract with, or a member of, CalPERS, STRS, or a ’37 Act system?  Have you exhausted all possible ways under those systems to reduce pension costs such as reducing benefits for new hires, eliminating or reducing employer paid member contributions, or reducing special compensation?  Do you want to achieve

San Jose-San Diego Sign.jpgTwo pension reform ballot measures were overwhelmingly passed by voters in San Diego and San Jose last week.  Now, other cities, counties and districts in California that participate in CalPERS or STRS, or maintain a ’37 Act system are asking, “can we do the same thing?”  The short answer is, “no,” at least not at