Posts Tagged: pay

Opinion

Prison-inmate fraud is last straw for beleaguered EDD

An Employment Development Department office in Sacramento. (Photo: Screen capture, ABC7 News)

‌As residents of one of the highest taxed states in the nation, Californians‌ have a right to expect the government they pay handsomely to provide the basic services their taxes fund. For‌ ‌instance,  ‌we‌ ‌expect‌ ‌that‌ ‌when‌ ‌we‌ ‌have‌ ‌an‌ ‌emergency‌ ‌and‌ ‌we‌ ‌dial‌  ‌9-1-1,‌ ‌help‌ ‌will‌ ‌arrive‌ ‌in‌ ‌a‌ ‌burst‌ ‌of‌ ‌flashing‌ ‌lights,‌ ‌sirens,‌ ‌and‌ ‌hurried‌ ‌professionals.‌

News

Dynamex ruling roils workforce

Adult entertainment clubs a decade ago in San Francisco's North Beach district. (Photo: James Kirkikis, via Shutterstock)

No one at the strip club wanted to talk about Dynamex. Dynamex refers to a landmark decision by the California Supreme Court, officially known as Dynamex Operations West, Inc. v. Superior Court of Los Angeles, that set standards to determine whether a worker is an employee or an independent contractor.

Opinion

All dialysis patients should have access to care

A nurse in a hospital renal unit starts dialysis treatment on a patient. (Photo: Tyler Olson)

OPINION: I first started having problems with my kidneys when I was 11-years-old.  By the time I was 20, I was on dialysis. I was able to keep my kidneys for a while, but as often happens with kidney disease, the illness eventually took over. Almost 40 years and three kidney transplants later, I have beaten the odds by staying alive, but only because of the dialysis treatment I receive every day.

News

CalPERS grapples with low earnings

The CalPERS' governing board during a meeting several years ago at the pension fund's headquarters. (Photo: CalPERS board)

Calpensions: Twice in recent decades CalPERS fell below 100 percent of the funding needed for promised pensions, and twice CalPERS climbed back. But since a $100 billion investment loss in 2008, the CalPERS funding level has not recovered.

News

CalPERS to Vernon pension abuser: Give back $3.5 million

The CalPERS' governing board during a meeting several years ago at the pension fund's headquarters. (Photo: CalPERS board)

First CalPERS announced last year that it was cutting the eye-popping pension of a former city of Vernon official, Bruce Malkenhorst, from $551,688 a year to $115,848. Then yesterday the CalPERS board approved the recovery of a $3.5 million pension overpayment from Malkenhorst, 84, who retired in 2005 from the tiny industrial city south of downtown Los Angeles known for corruption.

News

CalPERS: Retirees begin to outnumber active workers

The CalPERS' governing board during a meeting several years ago at the pension fund's headquarters. (Photo: CalPERS board)

After a loss of $100 billion in the recent recession, the CalPERS funding level dropped from 100 percent in 2007 to 61 percent in 2009. It has not recovered, despite a major bull market in which the S&P 500 index of large stocks tripled. “Even with the dramatic returns we have seen over the past six years, because the demographics of plans in general have changed and plans are now by and large cash-flow negative, it’s been very challenging to dig out of that hole,” Andrew Junkin, a Wilshire consultant, told the CalPERS board last week.

News

Contracting out, bankrupt San Bernardino cuts pension costs

On the outskirts of San Bernardino. (Photo: Steve Heap)

A San Bernardino plan to exit bankruptcy follows the path of the Vallejo and Stockton exit plans, cutting bond debt and retiree health care but not pensions. Then it veers off in a new direction: contracting for fire, waste management and other services. The contract services are expected to reduce city pension costs. Other pension savings come from a sharp increase in employee payments toward pensions and from a payment of only 1 percent on a $50 million bond issued in 2005 to cover pensions costs.

Opinion

The uphill trail to gender equity

An illustration of the modern workforce. (Photo: Shutterstock)

When I was a member of the electrical engineering faculty at the University of Michigan in the early 1990’s, I will never forget what the head of our department would invariably say to me whenever I stayed in the lab to work late. “Why are you still here,” he wanted to know. “Don’t you have a family to go home to?” From equal pay for equal work to access to health care and a host of other issues, it should be obvious to any thinking person that we don’t have the level playing field valued by so many Americans.

News

After long dry spell, new funding looms for adult education

Students at a Murrieta Valley Adult and Community education facility. (Photo: Murrieta Valley Adult School)

Adult education in California may see its first funding increase in the state budget, following years of school closures and savage cuts stemming from the recession. The Department of Education estimates 100 school districts have closed their adult schools since districts were permitted to use “categorical” money in their budgets.

News

Brown: State workers should pay more for retiree health care

Gov. Brown unveils his 2015-16 budget draft in the Capitol. (Photo: State of California)

Gov. Brown wants state workers to begin paying half the cost of their future retiree health care — a big change for workers making no payments for coverage that can pay 100 percent of the premium for a retiree and 90 percent for their dependents. The governor also wants state workers to be given the option of a lower-cost health insurance plan with higher deductibles.

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