Posts Tagged ‘SB 400’

Businesses concerned about domestic violence ‘job killer’ bill

Wednesday, June 19th, 2013

June 19, 2013 By Dave Roberts SB 400, by Sen. Hannah-Beth Jackson, D-Santa Barbara, is designed to help the victims of domestic violence. But it's really a "jobs killer," according to the California Chamber of Commerce, because it “increases the burden on California employers to conduct busine...

CA Dem lawmakers figuring out something rotten in CalPERS

Tuesday, March 19th, 2013

March 19, 2013 By Chris Reed On Monday, the day that finally saw criminal charges filed over CalPERS' brazen pay-to-play bribery scheme, there were signs that some Democratic state lawmakers finally are figuring out that believing California's pension status quo is ridiculous isn't just partisan r...

Being CalPERS means never having to say you’re sorry

Sunday, January 20th, 2013

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 so with an apology? Of course not, according to t...

You and what army are going to make me pay?

Monday, December 24th, 2012

Dec. 24, 2012 By Chris Reed The city of San Bernardino’s defiance of CalPERS’ demands for payment will be remembered as the first in a very long line of defiant acts from local governments in California as budgets that don’t add up force local officials to make tough and often unprecedented ...

CalPERS’ new shtick: Ripping CalPERS = ripping retirees. Groan.

Monday, December 17th, 2012

Dec. 17, 2012 By Chris Reed The California Public Employees' Retirement System is a piece of work. For years, it has downplayed the pension crisis, ignored its central role in the crisis by encouraging a 50 percent retroactive giveaway to all state employees in 1999, and depicted its critics as ha...

Public employee pensions: Some contracts are more sacred than others

Friday, October 5th, 2012

Third in a series on public pensions. The first is here and the second here. Oct. 5, 2012 By Mark Cabaniss On Wednesday, the city of Atwater declared a fiscal emergency, putting it on the path to become the fourth California city to declare bankruptcy this year, joining San Bernardino, Mammoth ...

Yes, we can break public-employee pensions

Thursday, September 20th, 2012

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 costs of pensions that have already been granted, pretend to w...

Gov. Brown’s pension non-reform

Thursday, August 30th, 2012

Aug. 30, 2012 By John Seiler As the smoke and the rhetoric have settled, you know pension reform is weak when: a) It's criticized by an analysis in the Los Angeles Times. c) Ridiculed by the paper's liberal columnist George Skelton. And c) praised by the California Public Employees Pension System...