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California Unions Scramble as Local Voters Poised to Rein-in Public Pensions

California Unions Scramble as Local Voters Poised to Rein-in Public Pensions

The Financial Impact of Pension Obligations on Ventura County

The Financial Impact of Pension Obligations on Ventura County

By Ed Ring Reposted with permission of: http://unionwatch.org/ The rare problem of high pensions going to top public executives was solved last year by state legislation. Pensions will now be based on the salary cap for Social Security taxes: $117,000…  The highly exaggerated “unfunded liability” problem is resolving as the stock market and tax revenues […]

City of San Ramon tries to saddle landowners with its employee retirement costs

City of San Ramon tries to saddle landowners with its employee retirement costs

Like many California cities, San Ramon, in Contra Costa County, is facing budget strains because of the generous retiree benefits that it has promised its public employees. Listen to Damien Schiff discuss this special tax    Now city officials have concocted a creative ploy to help staunch this “retirement red ink.” They’ve created a special […]