4 01, 2016

Labor relations board rules against San Diego’s pension cutbacks

2016-01-04T18:01:37-08:00January 4th, 2016|Categories: Pension Funding|Tags: , |

A new state labor board ruling casts doubt on San Diego’s aggressive pension cutbacks and orders the city to spend millions creating retroactive pensions for roughly 2,000 employees hired since those cutbacks took effect. City Atty. Jan Goldsmith said he hopes to quickly get City Council approval to appeal Tuesday’s ruling by the Public Employment Relations Board, which he has criticized as staunchly pro-union. Goldsmith predicted that a state appellate court would nullify the ruling and vindicate the pension [...]

10 12, 2015

Voters may decide pension issue

2015-12-10T17:39:22-08:00December 10th, 2015|Categories: Defined Benefit Plans|Tags: , |

By Thomas Elias Ballot initiative campaigns don’t usually center around definitions, but the question of what’s a pension and what’s not is one battle over definitions that’s very likely to face voters next fall. After years of frustration caused mainly because of failed efforts to change and reduce the pensions that are or will be paid to past and present public employees, an ex-mayor of San Jose and an ex-San Diego city councilman now seem all but certain to [...]

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