Tag Archive for Government Pensions

On Our Radar for March 9, 2012

Radar

Here are some stories in the news today that we’re following. OC Supervisors to hold Emergency Meeting over handling of Bustamante Sexual Harassment allegations, Quirk-Silva to Run for Assembly, OCERS and Stanford argue over pension cost analysis

Costa Mesa Still Cooking The Books

i-m-cooking-the-books

I took a few moments this morning to review the staff report for tonight’s Costa Mesa City Council Study Session regarding their 5 year financial forecast. In order to inflate the costs of employee pension contributions, the staff has forecast that the employees would no longer contribute to their pension costs after the current contracts expire.

Steve Lopez on Costa Mesa

Councilman Jim Righeimer - Costa Mesa, Photo: Chris Prevatt

It seems that in the past week, the Los Angeles Times has finally rediscovered Orange County. In particular, Costa Mesa and the boiling controversy created by extreamist in the GOP who are hell-bent on destroying public sector employees, their benefits, and their ability to collectively advocate and bargin through their unions.