Featured Jobs
|
Pattison Pension
|
|
Plan Administrator, Defined Benefit & Cash Balance The Pension Source
|
|
Regional Vice President, Sales MAP Retirement
|
|
DWC - The 401(k) Experts
|
|
MAP Retirement
|
|
Sentinel Group
|
|
BPAS
|
|
MAP Retirement
|
|
Retirement Relationship Manager MAP Retirement
|
|
Defined Benefit Plan Consultant/Actuarial Analyst Sentinel Group
|
|
Strategic Retirement Plan Consultant Retirement Plan Consultants
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Text of California Governor's Pension Reform Proposal (PDF)
Office of the Governor, State of California, in The Sacramento Bee 
June 30, 2009 2 pages. Excerpt: For new employees hired on or after July 1, 2009 this proposal would: Return to pre-SB 400 retirement formulas for Miscellaneous, Industrial, State Safety, and Peace Officer retirement categories. Repeal the SB 183 expanded definition of the State Safety retirement category. Change the benefit formula for Firefighter and Highway Patrol from 3 percent at age 50 to 3 percent at 55. Compute final compensation for Peace Officers, Firefighters, and Highway Patrol based on the highest 3 years instead of the highest 1 year. MORE >> |
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |