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Pensions

A San Jose Police patrol car. (CBS)

San Jose’s Assistant Police Chief To Become Piedmont’s Top Cop

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.

12/19/2012

Bullet button

California Teachers’ Retirement Plan Invested In Gun Manufacturer

The nation’s largest teachers’ pension fund says it will review its holdings after being criticized for having an investment in the manufacturer of an assault rifle used in last week’s Connecticut school massacre.

12/18/2012

Herrera Wins SJ City Council Re-Election Bid Despite Pension Reform Support

San Jose City Councilwoman Rose Herrera won re-election on Tuesday in a tough race where opponents made an issue of her support for pension reform.

11/07/2012

San Jose City Councilmember Rose Herrera

War Of Words Heats Up Between San Jose City Councilwoman, Police Officers Union

Anyone who follows San Jose politics knows that the San Jose Police Officers Association and councilwoman Rose Herrera have long been at odds – particularly, over law enforcement budget cuts and pension reform. Their war of words only seems to be heating up as the November election nears.

10/15/2012

California State Capitol in Sacramento (Justin Sullivan/Getty Images)

California Creates Retirement Plan For Private-Sector Workers

California Gov. Jerry Brown signed legislation Friday that will create the nation’s first state-run retirement savings program for private-sector workers, over the objection of critics who said it creates a new liability for taxpayers.

09/28/2012

Police Sirens

Phil Matier: New Pension Plan Leading To Police, Fire Chiefs Leaving Positions

KCBS, CBS 5 and SF Chronicle Insider Phil Matier looks at why many Bay Area fire and police leaders are leaving their positions.

09/18/2012

California Gov. Jerry Brown discusses pension reform during a news conference on August 28, 2012 in Los Angeles. (Kevork Djansezian/Getty Images)

Gov. Brown Signs Sweeping Pension Reform Bill Into Law

Gov. Jerry Brown has signed into law sweeping pension changes that will save California taxpayers billions of dollars in the future.

09/12/2012

Gov. Jerry Brown

Phil Matier: Gov. Brown Says He’s Reducing Dysfunction Of State Government

KCBS, CBS 5 and Chronicle Insider Phil Matier parses through whether Jerry Brown is doing a better job than his predecessors.

09/11/2012

California State Capitol in Sacramento (Justin Sullivan/Getty Images)

Moody’s Says California Pension Reform A Positive Step

Moody’s is calling California’s pension reform plan a positive development for the state and local governments.

09/10/2012

California Governor Jerry Brown. (Max Whittaker/Getty Images)

California Lawmakers Approve Pension Changes Supported By Brown

The state Legislature has approved a package of changes to California’s public employee pension system that is expected to save taxpayers billions of dollars, even as Republican lawmakers said much more needs to be done.

08/31/2012

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