Shari Freidenrich’s waffling on a vote regarding amortization changes to long-term pension debt has drawn the ire of Republicans and unions.
Tag: California Public Employees Retirement System
Posted inCosta Mesa
A Pension Numbers Game in Costa Mesa
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.
Posted inCountywide, Investigative, Top Stories
CalPERS Destroying Emails Amid Investigations
The retirement system automatically erases internal emails after
60 days, despite state and federal probes into alleged misdeeds of
its leaders.
Posted inCosta Mesa, Countywide, Investigative, Top Stories
Costa Mesa’s Curious Math
Public forum today on the need for budget cuts is likely to draw
questions about the city’s approach to numbers.
Posted inBuena Park, Investigative, Politics & Elections
Pension Payments on Uniforms Don’t Wear Well in Buena Park
Members of Buena Park City Council are incredulous over a demand by CalPERS that the city increase pension payments for uniformed employees.
