Tag Archive for Pension Benefits

CalPERS Pension Benefits Generate $30 Billion in Economic Activity

CalPERS-Logo

More than $30 billion in economic activity was generated by retirement benefits paid by the State’s pension fund, according to a study released by the California Public Employees’ Retirement System (CalPERS). The CalPERS Economic Impacts in California report for the Fiscal Year ending June 30, 2012, highlights the vital role CalPERS plays in the State’s economy each year. The report demonstrates how CalPERS benefits and investments generate significant economic activity in the state, to stimulate business growth and increased tax revenues, and to support and create jobs for Californians.

OC Deputies Ratify New Contract

On WednesdayJanuary 20th the members of the Association of Orange County Deputy Sheriff’s voted on their new contract. Approximately half of the union membership, 886 members, participated in the ratification vote. The results were overwhelming.

OC Supes Approve 3yr Contract with County Workers

This morning, in a 4-0 vote, the Orange County Board of Supervisors approved a three year agreement with employees represented by the Orange County Employees Association (OCEA). Supervisor Norby got married yesterday and was absent for the vote. The contract provides for no salary increase during the three year agreement while allowing for discussion to be…