kpix-7-2013-masthead kcbs 7-2013-masthead

Bonus Checks

San Jose City Hall

San Jose Retirees Won’t Be Getting Pension Bonus Checks

It looks like San Jose retirees will not be getting a bonus check this year from the city’s pension program after the city council voted to block those payments.

04/25/2012

The San Jose skyline. (AP)

Troubled Pension System Means No Bonus Checks For San Jose City Retirees

Thousands of retired San Jose city employees won’t be getting their bonus checks after the city council voted to suspend the benefit in the face of a projected $2 billion shortfall in the pension system.

CONNECT WITH KCBS–10/27/2010

Follow

Get every new post delivered to your Inbox.

Join 53,913 other followers