San Jose police officers have overwhelmingly approved a new contract offer, which provides a 10 percent raise over three years following almost a year of bitter labor negotiations.
As negotiations are currently at a stalemate, issues like pension, health care and payback for unused sick days are coming to the forefront.
BART labor contract talks resumed on Monday after negotiators took a break over the weekend and so far neither side sounds terribly optimistic.
The city of San Jose and its police union have reached an agreement that will reduce pensions for new officers and ends a dispute over efforts to reduce costly retirement benefits.
California’s largest public pension system has approved divesting from companies that make guns and high-capacity ammunition magazines that are illegal in the state.
A group of active and retired San Francisco employees wants to stop their pension money from funding banks that have used questionable procedures to foreclose on delinquent home loans.
It seems working with Martinez sewage isn’t sickening.
A grand jury said San Francisco’s pension fund investments were too risky.
A bond insurer said lenders are losing millions in Stockton’s bankruptcy while the city continues to fund pricey pensions.
Skyrocketing pension costs and slumping property tax revenues could send Contra Costa County firefighters to the ballot box to help keep their stations open.