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Search Result: Pensions

Displaying 21  -  37  of  37

Ex-L.A. Mayor To Debate Police Union on 401(k) Plan

November 15, 2012
Multimillionaire businessman and former Los Angeles mayor Richard Riordan agreed Wednesday to three debates with the police union on his pension revamp initiative that would create a 401(k)-style retirement plan for newly hired officers.

Reckless Pension Reform In Los Angeles

November 13, 2012
Former Los Angeles Mayor Richard Riordan has taken the first steps toward eliminating the current pension system for all future city employees, including LAPD officers, and replacing it with 401(k) plans.

Former L.A. Mayor Launches Petition To Give Cops 401K Plans

October 31, 2012
Richard Riordan, Los Angeles' millionaire former mayor, plunged deeper into the fray over public pensions Friday, announcing he is finalizing language for a ballot initiative that would move newly hired workers into 401(k)-style plans and freeze retirement benefits for existing workers.

Vallejo Hires Officers, Seeks New Police Pension Plan

October 10, 2012
Vallejo leaders unanimously agreed Tuesday night to accelerate a plan approved in June to hire five new police officers. The Vallejo City Council's vote comes before city labor negotiators have hammered out a city-forged plan to reduce new police hires' pension packages.

Police Assn.: Calif. Governor's Pension Plan Is 'Wrong'

August 29, 2012
A California association representing the state's officers said Gov. Jerry Brown's "wrong" pension reform plan announced Tuesday would impose "draconion cuts" on middle-class families.

Public Safety Unions Oppose Calif. Gov.'s 'Radical' Pension Plan

August 28, 2012
California Governor Jerry Brown introduced what he called "radical change" to the pension system Tuesday, a plan that met with stiff opposition from the state's public employee unions.

Police Unions Vow To Fight Pension Reform

June 6, 2012
During municipal elections in San Jose and San Diego on Tuesday, voters approved Measure B and Proposition B by 70% and 69% respectively. While the measures passed in landslide votes, unions representing officers in those cities said the ill-conceived initiatives take too hard a line and may violate state or federal statues governing public pensions.

How To Choose an Agency

May 2, 2012
There are not as many jobs out there. You may have to apply; hope to land employment; and make the best of the situation. Don't count on the plush police pension of yesteryear.

Calif. Police Union Sues City Over Pensions

March 20, 2012
Attorneys for the San Jose Police Officers' Association on Monday elaborated on two lawsuits they filed against the city of San Jose, including one that seeks to force the city back to the bargaining table and another that alleges the city violated the union's contract by trying to change retirement benefits through an election rather than arbitration.

Job Seeking Realities

December 27, 2011
It's competitive out there, and I know you want the job. So learn the kinks in the process. Don't fall for them. Instead, work your plan as an intelligent job applicant.

Tampa Cop Had Sex In Patrol Car, Threatened Fellow Officers

December 5, 2011
A year-long Internal Affairs investigation concluded that Tampa Police Officer Matthew Dolitsky had sex in his patrol car and threatened to shoot fellow squad mates when he learned of the probe.

Pensions: Defined Benefit vs. Defined Contribution

October 17, 2011

Public employees typically have access to a defined benefit pension, which may not include Social Security, or a defined contribution savings plan. Learn the difference between the two.

Pensions: Winning Hearts and Minds

October 17, 2011

Some citizens are quick to blame police officers themselves for pension funding issues, not understanding the underlying causes. This is why the prospect of citizens who are uninformed or misinformed voting on pension issues is worrisome.

How Safe Is Your Pension?

October 17, 2011

You can't turn on the television these days without hearing about the economic crisis that's affecting not only the U.S., but the entire world. So it stands to reason that many retirement funds are suffering as a result. Some public sector pension plans are relatively unaffected, while others were too fragile to weather the financial storm.

San Diego Government Pension Initiative Faces Petition Hurdle

September 19, 2011
There has likely never been a more aggressive and contested petition drive in San Diego history than the one under way to put an initiative before voters that would end guaranteed pensions for most new city hires and give them 401(k)s instead.

Pension Changes Infuriate San Diego Public Safety Workers

March 19, 2009
San Diego's employee retirement board is voted to lower the pension rate guarantee from 7.75 percent to 3.54 percent effective July 1.

Defined Benefit

July 1, 2006

A strong and generous pension is the least society can do for your years of service.

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