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Pensions

San Jose Mayor Chuck Reed (Justin Sullivan/Getty Images)

SJ Mayor Seeks To Amend State Constitution To Attain Pension Reform

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.

09/25/2013

CalPERS

CalPERS Spent Over $1M Discretionary Travel Despite Governor’s Ban

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.

07/18/2013

CalPERS

CalPERS To Post Data Of 500,000 Pensioners Online

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.

07/08/2013

The McKesson corporate headquarters in San Francisco. (Justin Sullivan/Getty Images)

CEO Of San Francisco’s McKesson Entitled To Record $159M Pension

McKesson’s Chairman and CEO John Hammergren has set a new record in corporate America: Largest pension around.

06/25/2013

Former BART General Manager Dorothy Dugger (BART)

BART GM Says Ex-Official’s Pay Deserves Review

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.

06/13/2013

San Jose Police Car (CBS)

San Jose Police Union Files New Challenge To Pension Reform

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.

04/30/2013

A San Jose Police patrol car. (CBS)

San Jose, Police Union Reach Pension Agreement

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.

04/26/2013

(CBS)

Plan Urging San Francisco To Divest From Oil Companies Moves Forward

Activists fighting climate change and the oil companies persuaded a San Francisco Board of Supervisors committee to move forward with a resolution Wednesday for the city’s retirement fund to divest from fossil fuel investments.

04/10/2013

(Adam Jan/AFP/Getty Images)

California Teacher Pensions Need $4.5B More Each Year, Report Finds

A new report said California needs to pay an additional $4.5 billion a year to shore up its financially shaky teacher retirement fund.

03/20/2013

An AR-15 is seen for sale on the wall at the National Armory gun store on January 16, 2013 in Pompano Beach, Florida. (Joe Raedle/Getty Images)

California Public Pension Fund Moves To Divest From Firearms

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.

02/19/2013

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