San Jose Mayor Chuck Reed is leading an effort to put an initiative before voters allowing cities to renegotiate pensions for existing public employees—as well as new hires. Meanwhile, State Assembly candidate Steve Glazer from Orinda, is pushing an initiative preventing transit employees from striking in the future.
Mayor Chuck Reed, along with four other mayors from around the state, have submitted the ballot initiative to the state Attorney General.
Progress was made in BART labor contract negotiations on Thursday after unions presented a counter offer to the transit system’s management and an agreement was made over pensions.
San Jose Mayor Chuck Reed, who drew national attention as a result of his successful pension reform campaign is in the spotlight again. This time his proposal is to amend the California constitution to further those goals with a ballot measure in the November election.
California’s two public pension systems continued to fly top officials around the globe for conferences, workshops and speaking engagements even after Gov. Jerry Brown ordered a ban on discretionary travel.
The nation’s largest public pension fund announced Monday that it will post data online about nearly half a million pensioners in an effort to be transparent.
McKesson’s Chairman and CEO John Hammergren has set a new record in corporate America: Largest pension around.
The top administrator for the Bay Area Rapid Transit System says her predecessor’s pay of $330,000 last year despite not working a single day warrants a review.
A new lawsuit challenging San Jose’s voter-approved Measure B pension reform proposition has been filed in Santa Clara County Superior Court by the city’s Police Officers’ Association.
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.