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Governor Gavin Newsom Calls for Creation of a Master Plan for Aging
Headline: Governor Gavin Newsom Calls for Creation of a Master Plan for Aging
Publication: California Governor Newsroom
Article Date: Jun 10, 2019
“Recognizing that California’s over-65 population is projected to grow to 8.6 million by 2030, Governor Gavin Newsom today signed an executive order calling for the creation of Master Plan for Aging to be developed by October 1, 2020. The Master Plan will serve as a blueprint that can be used by state government, local communities, private organizations and philanthropy to build environments that promote healthy aging.” Read article…
City Council Votes To Seek Invalidation Of Prop. B Pension Reform Initiative
Headline: City Council Votes To Seek Invalidation Of Prop. B Pension Reform Initiative
Publication: KPBS
Article Date: Jun 10, 2019
On June 10, 2019, the San Diego City Council voted 6-3 to direct the city attorney to invalidate the Proposition B pension reform initiative. The initiative replaced pensions for all new city employees except police officers with 401(k) retirement plans. The state Supreme Court ruled last year that the initiative was placed on the 2012 ballot illegally. Read article…
Seniors can’t afford to retire and they can’t find jobs
Headline: California’s elderly crises: Seniors can’t afford to retire and they can’t find jobs
Publication: Chico News & Review
Article Date: May 30, 2019
“More Californians are working past the age of 65, many because they can’t afford to retire. But the seniors who most need a job often have the hardest time finding one.” Read article…
Politics Report: City Hall Faces Big Pension Decision
Headline: Politics Report: City Hall Faces Big Pension Decision
Publication: Voice of San Diego
Article Date: Jun 1, 2019
“Monday, June 10, could be a rather historic day for the city of San Diego. The City Council will meet in closed session to decide whether it wants to keep fighting to preserve Proposition B, the 2012 initiative that ended pensions for city employees (except police officers!) hired after that year.” Read article…
New Brief Finds Benefit Cuts Reduce Retention
Headline: New Brief Finds Benefit Cuts Reduce Retention
Publication: National Public Pension Coalition
Article Date: May 30, 2019
“The Center for Retirement Research at Boston College released a brief entitled, ‘Do Benefit Cuts Encourage Public Employees to Leave?’ Their findings indicate that benefit cuts to current employees cause employees to leave the public sector for private sector employment.” Read article…