Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Loan & Distribution Specialist AimPoint Pension
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Compass
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Bates & Company, Inc.
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AimPoint Pension
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California City Looks to Quit CalPERS But Fears It Can't Afford To
Reuters Aug. 28, 2014 "Officials in Villa Park are considering pulling the tiny California city from CalPERS, saying the monthly costs of the state's giant public pension system are crippling the municipal budget. But Villa Park fears that pulling out of its contract with [CalPERS] could be prohibitively expensive because of a termination fee that could exceed the city's annual budget.... 'Getting out of Calpers is like getting out of jail,' said Rick Barnett, mayor of Villa Park, population 5,800." |
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