Tag "calpensions"
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CalPERS board accused of bullying, deceit, flouting laws
A member of the CalPERS board has gone rogue, using public records laws to get documents from the agency while facing warnings that it is unacceptable for him to criticize staff at board meetings. Ed Mendel has details at Calpensions.com:
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Ruling on pension bonuses shows obstacles to CA reform
Providing bonus checks to government retirees when pension funds have good years has long been common and controversial around California. Now an appellate court has ruled this policy is a vested benefit that can’t be ended by formal action of
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