CalPERS Spent Over $1M Discretionary Travel Despite Governor's BanCalifornia’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.
CalPERS To Post Data Of 500,000 Pensioners OnlineThe 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.
CEO Of San Francisco's McKesson Entitled To Record $159M PensionMcKesson's Chairman and CEO John Hammergren has set a new record in corporate America: Largest pension around.
BART GM Says Ex-Official's Pay Deserves ReviewThe 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.
San Jose Police Union Files New Challenge To Pension ReformA 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.
San Jose, Police Union Reach Pension AgreementThe 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.
Plan Urging San Francisco To Divest From Oil Companies Moves ForwardActivists 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.
California Teacher Pensions Need $4.5B More Each Year, Report FindsA new report said California needs to pay an additional $4.5 billion a year to shore up its financially shaky teacher retirement fund.
California Public Pension Fund Moves To Divest From FirearmsCalifornia’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's Assistant Police Chief To Become Piedmont's Top CopSan 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.
California Teachers' Retirement Plan Invested In Gun ManufacturerThe 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.
Herrera Wins SJ City Council Re-Election Bid Despite Pension Reform SupportSan 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.
War Of Words Heats Up Between San Jose City Councilwoman, Police Officers UnionAnyone 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.
California Creates Retirement Plan For Private-Sector WorkersCalifornia 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.
Phil Matier: New Pension Plan Leading To Police, Fire Chiefs Leaving PositionsKCBS, CBS 5 and SF Chronicle Insider Phil Matier looks at why many Bay Area fire and police leaders are leaving their positions.