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Wealth gap among retired Americans worsens despite a growing economy
Headline: Wealth gap among retired Americans worsens despite a growing economy
Publication: Reuters
Article Date: Oct 31, 2019
The current record-high level of income inequality in the United States affects all segments of society, but two new reports shed light on how the trend is impacting older Americans. The disturbing finding of both studies: inequality has reached shocking levels among today’s older adults – and the gap will be much wider for young people when they reach retirement age. Read Article…
California’s universities offer much better retirement plans than its K-12 districts
Headline: Analysis: California’s universities offer much better retirement plans than its K-12 districts. Why we need to offer our teachers more mobility, flexibility and fairness
Publication: LA School Reports
Article Date: Oct 28, 2019
“Why do states give employees at public colleges and universities better retirement plans than they give their employees in K-12 schools? The root of this disconnect started a century ago, when Andrew Carnegie created the Teachers Insurance and Annuity Association of America to provide guaranteed retirement income and life insurance, mainly to college professors who were at risk of changing employers without much in the way of retirement savings.” Read article…
Voting for President? Make Sure Your Ballot has the Option You Want
Headline: Voting for President? Make Sure Ballot has Option You Want
Publication: County News Center
Article Date: Oct 28, 2019
The San Diego County Registrar’s office is sending nearly 1.8 million postcards to the County’s registered voters in the coming weeks to let you know that your political party registration determines which presidential primary candidates will appear on your March 3, 2020 primary election ballot. Read Article…
As California’s Economy Booms, Cities Struggle With Pensions
Headline: As California’s Economy Booms, Cities Struggle With Pensions
Publication: NBC Los Angeles
Article Date: Oct 24, 2019
“While California’s economy is booming, a new analysis shows pension obligations continue to weigh on the state’s cities as nearly three quarters of them don’t have enough money to pay the future health benefits for retired workers.” Read Article…
New County Annual Report Released
Headline: New Annual Report Reflects New Era
Publication: County News Center
Article Date: Oct 10, 2019
“The newly released 2018-2019 County of San Diego Annual Report offers highlights of how the County is making strides on new priorities while still maintaining the services San Diegans have come to expect.” Read article…