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5 Matching News Items

1.  Orange County Register Communications Link to more items from this source
Oct. 13, 2009
Excerpt: Gov. Arnold Schwarzenegger signed legislation late Sunday night that paves the way for a new two-tiered pension plan for county employees in Orange County, a move that county officials say will help reign in skyrocketing pension costs here. Under the plan current employees get to decide whether to keep their old benefits, or select a hybrid plan that features a reduced pension but also a defined contribution component, similar to a 401K. New employees will also get to choose between the two plans.
2.  Orange County Register Communications Link to more items from this source
Feb. 13, 2011
The California Foundation for Fiscal Responsibility, along with the Pacific Research Institute, Governing Magazine and the Independent Voter Network, will host the training program on Feb. 17 in Irvine. Register at www.californiapensionreform.org.
3.  Orange County Register Communications Link to more items from this source
Sept. 19, 2011
"The real issues of reform now shift from the weird world of Sacramento to California's cities and counties. Even legislators in the craziest of them ? San Francisco obviously comes to mind -- are more likely to pass needed reforms than those in the state Capitol, where interest-group politics trumps everything else."
4.  Orange County Register Communications Link to more items from this source
Aug. 23, 2011
Taxing public pensions in excess of $100,000 a year could bring an extra $60 million into state coffers -- ? but would likely drive retirees from the Golden State .... The [ballot initiative measure] would basically amend the state Constitution to institute a new state tax on pension benefits in excess of $100,000 a year, paid to retirees by the California Public Employees Retirement System and the California State Teachers' Retirement System.
5.  Orange County Register Communications Link to more items from this source
May 11, 2011
The controversial 'Public Employee Pension Reform Act' ? which would 'reform the excessive pension benefits provided to current government employees' ? would save billions over the long haul and give local governments more room to maneuver in tight fiscal times, according to an analysis by the Legislative Analyst.

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