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.
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.
A new report said California needs to pay an additional $4.5 billion a year to shore up its financially shaky teacher retirement fund.
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.
San Jose police officers have been leaving in droves since the passage of the pension reform measure earlier this year. Now the force will suffer the loss of another member of its command staff.