The Orange County Register reports this morning that CalPERS, the big state pension fund, has effectively slammed the door on cities thinking of getting out of the guaranteed pension business.
At last night’s special budget study session Council Members and the public learned that the outsourcing scam that Councilmen Jim Righeimer, Stephen Mensinger, Gary Monahan, and Eric Bever have been promoting with bulldozer accuracy would cost the city more than it could save.
The Board of Supervisors today considered a request from United Employee Organizations of Orange County (UEOOC), representing employee participants in the Orange County Employee’s Retirement System (OCERS), for the County to study the feasibility of leaving OCERS and transfering the…
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