Posts Tagged: lone

News

Prop. 50: Tuesday’s stealth measure

A street sign for voters. (Photo by Gustavo Frazao, via Shutterstock)

It hasn’t attracted as much attention as some of the gaudier ideas on the November ballot, such as mandatory condoms in X-rated movies, but Californians will have one measure to decide on the June 7 primary ballot. The lone proposal is Proposition 50, which would allow legislators to eliminate pay and benefits for fellow members arrested or convicted of a felony.

News

Pensions remain a puzzle in Stockton bankruptcy

A view of downtown Stockton. (Photo: Wikimedia Commons)

Calpensions: A federal judge ruled last week that Stockton’s CalPERS pensions can be cut in bankruptcy. But Stockton does not want to cut pensions, and the lone holdout creditor says it can be paid without cutting pensions. U.S. Bankruptcy Judge Christopher Klein may have clarified the legal issue of whether CalPERS pensions, widely regarded as untouchable, can be cut if any of the 1,581 local governments in the giant system take the drastic step of bankruptcy.

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