Posts Tagged: employers
Opinion
OPINION: The Talk. Read. Sing.® campaign’s singing birds have been coaching us on one key note: the first years of each child’s life are a game changer. That’s because 90% of a child’s brain development happens before the age of five. However, there’s also a narrow window in a newborn baby’s life when bonding with a parent has a profound impact on their development and future success — making those first few months matter, too.
News
From FairWarning: In February, when California labor officials announced the biggest wage theft case against a private company in state history, they made sure to include a warning for all bosses:“Stealing earned wages from workers’ pockets is illegal in California and this case shows that employers who steal from their workers will end up paying for it in the end,” said Labor Secretary Julie Su in a press release announcing nearly $12 million in citations against RDV Construction, Inc. RDV has appealed the penalties.
Opinion
OPINION: The U.S. health care system is in a moment of reckoning. No one pretends to have the perfect solution. But there is something consumers can agree on: More transparency is needed. Consumers and their employers, which insure 49 percent of American health coverage, are demanding to know exactly what goes in to their health care costs.
Opinion
OPINION: If history has taught us anything, it’s that elections are less about choices in partisan ideology than they are about the real world impact that policies have on the lives of everyday people. In 2018, Americans overwhelmingly turned away from Republican politicians.
News
A bill by state Sen. Steven Glazer, D-Orinda, giving new state workers the option new University of California workers received two years ago, a 401(k)-style plan rather than a pension, is opposed by unions and soon may be opposed by CalPERS. More than a third of eligible new UC employees have chosen a 401(k)-style plan. Instead of a guaranteed lifetime monthly pension check, the 401(k) plan that replaced pensions in most of the private sector uses individual tax-deferred investments to build a retirement fund.
Opinion
OPINION:Providers of emergency medical services across the state are opposing AB 263 authored by Assembly Member Freddie Rodriguez. Under the pretense of an “Emergency Worker Bill of Rights,” AB 263 is nothing short of a wolf in sheep’s clothing.
Opinion
OPINION: The public debate around the cost of prescription drugs has unfairly turned on the one player in the system reducing drug costs – pharmacy benefit managers or PBMs.
Opinion
OPINION: Prices for prescription drugs are rising precipitously, seriously threatening public and private healthcare budgets, and creating barriers preventing patients from accessing needed therapies. Pharmaceuticals now account for 19 percent of employer spending and Medicare spending on healthcare and, with a slew of approvals of new $100,000+ medications, there is no relief in sight.
News
Former San Jose Mayor Chuck Reed and current Atlanta Mayor Kasim Reed have more in common than their last names. Both have the same broad pension story. But last week, Atlanta had a very different ending.
News
Calpensions: A board working on a proposal to enroll most small business employees in a state-run retirement savings plan, unless they opt out, was told last week that small technology-focused financial firms could do the job. The founders of three firms that offer 401(k)s and other retirement plans to small businesses did not object to competition from the state.