Tag: retirement system
Under a new proposal, 6% in new contributions would be made by the country’s employers to sustain retired citizens above the poverty line.
The board at OPERS voted to reduce medical benefits to avoid collapse by 2030.
Audit reveals a lack of internal controls may have misappropriated funds within the retirement system.
Pension’s unfunded liabilities making it difficult to hire, retain teachers.
Former board member J.J. Jelincic protests the October 17 election, claims CalPERS team plotted to thwart his candidacy.