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Jun 22nd, 2016
Hit by a “perfect storm” that combined a decade (2000-2009) in which the S&P 500 lost about 1% a year with a rising tide of pension obligations, public workers’ pension...
Jun 9th, 2016
As next week’s June 15 budget deadline looms, legislative leaders hammering out differences between the Assembly and Senate versions of this year’s $171 billion budget for the...
May 31st, 2016
The State Assembly Subcommittee on Education voted last Tuesday to withhold $171 million in funding from the University of California until UC Regents rescinds their new series of...
May 30th, 2016
Pension Assistance Program, University of California recently passed that allows high-income earners to bypass the provisions of the previous limit of retirement compensation, is...
May 27th, 2016
The State Assembly Subcommittee on Education voted Tuesday to delay funding to the UC system because of concerns with the UC Retirement Plan, proposed by UC President Janet...
May 26th, 2016
A state assembly subcommittee voted Tuesday to withhold $176 million from the University of California unless the UC eliminates one of its proposed retirement benefit...
May 25th, 2016
Oakland: A new University of California retirement plan that encourages UC’s highest paid employees to circumvent the cap on pensionable compensation (also known as the PEPRA...
May 15th, 2016
After seven months of protests by campus employees and students, UC Berkeley finalized plans to insource 69 campus workers from three private contract companies last...
May 9th, 2016
As a widening scandal involving misuse of public funds and other ethical breaches by its top brass grips the University of California, The Sacramento Bee’s editorial board...