Treasurer’s Flip-Flop Creates Havoc on Retirement Board
Countywide
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Shari Freidenrich’s waffling on a vote regarding amortization changes to long-term pension debt has drawn the ire of Republicans and unions.
A Pension Numbers Game in Costa Mesa
Costa Mesa
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City leaders point to a large, unfunded pension liability as
evidence of financial problems, but they’ve been citing a figure
that’s nearly 70 percent larger than the actual amount, according
to CalPERS officials.
CalPERS Destroying Emails Amid Investigations
Countywide
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The retirement system automatically erases internal emails after
60 days, despite state and federal probes into alleged misdeeds of
its leaders.
Costa Mesa’s Curious Math
Costa Mesa
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Public forum today on the need for budget cuts is likely to draw
questions about the city’s approach to numbers.
Pension Payments on Uniforms Don’t Wear Well in Buena Park
Buena Park
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Members of Buena Park City Council are incredulous over a demand by CalPERS that the city increase pension payments for uniformed employees.