Showing posts with label CalPERS. Show all posts
Showing posts with label CalPERS. Show all posts
Thursday, October 4, 2018

Corona POA President Jason Perez Defeats CalPERS Board President

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CalPERS has reported that Corona Police Officers Association President Jason Perez defeated incumbent CalPERS Board of Administration Pres...
Friday, July 13, 2018

CalPERS Investment Return Exceeds Forecast For Second Straight Year

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CalPERS reported an impressive 8.6% return on its investments over the last fiscal year.  That's on top of the 11.2% CalPERS reported f...
Thursday, June 28, 2018

WATCH NOW! DAVID E. MASTAGNI DISCUSSES LOOMING THREATS FACING PUBLIC EMPLOYEE PENSION PROGRAMS

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On April 24, 2018, David E. Mastagni participated in a two-person panel discussion entitled: “ Pensions: The Problems, Perspectives and Po...
Friday, February 23, 2018

Mastagni Holstedt Appeals Alameda County Deputy Sheriff’s Association PEPRA Decision to Supreme Court

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David E. Mastagni and Isaac S. Stevens petitioned the California Supreme Court to review the First District Court of Appeals’ decision in A...
Tuesday, June 27, 2017

CalPERS Changes Eligibility Rules for Industrial Disability Retirement

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The California Public Employees’ Retirement System (CalPERS) posted   Circular Letter 200-018-17   on March 30, 2017. Among other things, t...
Wednesday, May 17, 2017

CalPERS Restoration of Service Credit and Compensation Earnable Upon Reversal of Termination for CalPERS School and Local Agency Members

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Assembly Bill (AB) 2028 applies to all active California Public Employees’ Retirement System (CalPERS) school and local agency members. Thi...
Monday, November 9, 2015

Peace Officer's Employer May Not Condition Reinstatement From Disability Retirement

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A peace officer who recovers from the injury that led to their industrial disability retirement is entitled to reinstatement without any con...
Wednesday, August 26, 2015

CalPERS Pension Benefits Generate Over $30 Billion in Economic Activity

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The California Public Employees' Retirement System (CalPERS) released a study today demonstrating retirement benefits paid out by CalPER...
Thursday, October 30, 2014

Judge Approves Stockton Bankruptcy Plan - Saves CalPERS Investment

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In a decisive win for public employees, Judge Christopher M. Klein today ruled in favor of Stockton's bankruptcy plan of adjustment, pre...
Thursday, October 2, 2014

Stockton Bankruptcy Ruling May Not Have Practical Affect on Employee Pensions

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During Stockton bankruptcy proceedings on Wednesday, October 1, 2014, Judge Klein stated the City  could reject the CalPERS contract under ...
Wednesday, May 7, 2014

CalPERS Fights for Retirement Security in Detroit

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The California Public Employees' Retirement System ("CalPERS") filed an amicus brief in the United States Court of Appeals to...
Monday, February 3, 2014

Court of Appeal Re-Affirms Standard for Public Safety Officers’ Industrial Disability Retirement

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Public safety officers face the threat of work-related injury every day. Many officers are forced to seek industrial disability retirement ...
Monday, January 13, 2014

CalPERS Reports Huge Investment Gains

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CalPERS posted another huge increase in its investments which grew by 16.2% in 2013.  That's more than the 12.5% CalPERS reported in Ju...
Monday, July 15, 2013

CalPERS Does It Again, Posts Double-Digit Investment Return

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CalPERS posted impressive preliminary investment returns of 12.5% on its investment portfolio for the most recent fiscal year, including a ...
Tuesday, July 9, 2013

CalPERS Posts Retiree Information Database Online

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CalPERS announced it is posting a searchable database containing information about all retirees in the system.  The database includes retir...
Friday, June 28, 2013

Court Issues Injunction, Statement of Decision Affirming Constitutional Protection For Pensions

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In May, the Monterey Superior Court overturned a voter initiative that tried to impair police officers' pensions.  The judge in that ca...
Monday, May 20, 2013

Court Rules Pension Impairments Unconstitutional Under Contract Clause

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In a major ruling with statewide implications, the  Monterey Superior Court ruled Friday that the City of Pacific Grove’s 2010 voter initia...
Wednesday, May 1, 2013

CalPERS Back in Black After Record-Breaking Investment Gains

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CalPERS has recovered more than $97 billion is value since the great recession battered its assets.  CalPERS' investment portfolio rece...
Monday, April 1, 2013

Court: Stockton Doesn't Have to Impair CalPERS Pensions for Bankruptcy Eligibility

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The U.S. Bankruptcy Court in Sacramento ruled today that the City of Stockton is eligible for bankruptcy protection.  The ruling follows a...
Tuesday, January 15, 2013

CalPERS Sees Huge 13.3% Increase is Assets

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The Sacramento Bee reports CalPERS beat forecasts and had another big year in investment returns, increasing the value of its portfolios by...