Orange County Superior Court Judge Geoffrey Glass has upheld a decision by the county’s retirement board to reduce the pension of Orange County Public Works executive Carlos Bustamante, following Bustamante’s criminal convictions for sexually assaulting women who worked for him at the county.
Tag: Orange County Employees Retirement System
Posted inCountywide, Economy, Government, Top Stories
Pension Board Set to Cut Bustamante’s Benefits
The board of the Orange County Employees Retirement System is scheduled to vote Monday on whether to dock the pension benefits of former county public works executive Carlos Bustamente because of his sex crimes.
Posted inGovernment, Top Stories
Pension Board Slams Actuary Firm for $12 Million Payment Hike
Segal Consulting took months to reveal key changes that are slated to trigger at least $12 million per year in extra payments from cities and other public agencies.
Posted inGovernment, Top Stories, Transportation
OCERS Backs Off Major Hike in Public Agency Payments
The compromise on the pension board comes after an intense debate between conservative and labor appointees.
Posted inGovernment
Supervisors’ Choice for Pension Board Draws Controversy
Supervisors are poised to reappoint the head of the conservative Lincoln Club to represent them on the county employees retirement board.
Posted inGovernment, Stanton, Westminster
Pension Board Discussions Are Making City Leaders Nervous
Leaders from smaller cities are growing increasingly concerned about a more aggressive approach to paying future unfunded liabilities.
Posted inGovernment
County Officials Grappling With Impact of Pension Rate Changes
Officials are trying to gauge the fiscal impacts of a decision to lower investment assumption rates.
Posted inCountywide, Investigative, Top Stories
Is Orange County Headed for a Pension Ballot Initiative?
Supervisor John Moorlach says if labor talks don’t produce results this summer, OC could opt for a ballot initiative changing the structure of the local retirement system. Labor leaders decry the move as political grandstanding.
Posted inGovernment, Investigative, Top Stories
Interim County Auditor Abruptly Quits After Supervisors Delay Hiring Him
Shaun Skelly says supervisors’ delay in appointing him and new county retirement rules both played roles in his decision.
Posted inCountywide, Top Stories
A Longtime Marriage Gone Sour
Republicans and public safety unions used to walk hand-in-hand
through election cycles. Now they’re at each other’s throats.
