Posts Tagged: member

News

Minimum wage boost on track – so far

California’s minimum-wage earners are one step closer to seeing their pay tied to the cost of living, a goal that advocates for low-income workers have sought for years.

 

Under a bill awaiting action in the Senate, the minimum wage, currently $8 per hour, would be raised by 25 cents per hour next year, then

News

Treasurer Bill Lockyer announces retirement

With his announcement Monday that he is leaving public office in January 2015, State Treasurer Bill Lockyer ends 40 years as a lawmaker and statewide office holder.

 

“I need to do something different that’s challenging and interesting,” Lockyer told Capitol Weekly in announcing he won’t seek the job of controller in 2014 for which

News

Historic maneuvers haunt CalSTRS

Some still have hard feelings about what happened when CalSTRS, now deep in the red, had a brief funding surplus more than a decade ago: Teacher and state payments into the fund were cut, and retirement benefits were raised.

 

At a CalSTRS board meeting last week, Lois Shive, a representative of a retiree group,

Support for Capitol Weekly is Provided by: