Tag "pension spiking"
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Court ruling praised by both sides of pension debate
For the second time in two years, the California Supreme Court has released a ruling on a large state issue that analysts say creates new uncertainty going forward. Last week, the court issued its long-awaited decision in a court case
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Union appeal focuses attention on pension precedent
SACRAMENTO – A decision by four Marin County public-employee associations to appeal a pension-related case to the California Supreme Court could ultimately determine whether localities have the tools needed to rein in escalating pension debt. At issue is how far
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Pension bigger than salary?
Most people understand that your pension will be less than your salary. You don’t have to commute any more, so your car expenses are down. You can downsize your house because your kids moved out — or at least that
Read MoreBeing CalPERS means never having to say you’re sorry
Jan. 20, 2013 By Chris Reed So CalPERS is found to allow ridiculous, outrageous double-dipping by salaried employees that boosts their pay (and probably their pensions), and faces sharp criticism. So when the giant pension fund responds, does it do
Read MoreYes, we can break public-employee pensions
First on a series on public pensions. Sept. 20, 2012 By Mark Cabaniss The politicians in charge of “doing something” about the ongoing California pension debacle like to play a little game. It goes like this: They decry the high
Read MoreTodd Spitzer on the Road to Damascus
April 14, 2012 By Steven Greenhut If a politician has based his career on advocating a set of policies, and has always been aligned with a group of special interests, only a fool would believe that he has suddenly seen
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