The policy will be reviewed every 5 years to see how things are going.
Cities and counties can no longer exclude certain employees from CalPERS pensions under a new law signed by Governor Gavin Newsom.
In its first ever assessment of climate change’s potential impacts on pension risk, the California Public Employees Retirement System found that 20% of its investments are in sectors vulnerable to climate change.
More than a thousand public retirees in California are earning pensions that exceed the federal limit of $220,000, according to data from CalPERS.
The Santa Rosa Press Democrat has kind words for Sonoma County leaders on their efforts to encourage meaningful pension reform.
As the light at the end of the pandemic tunnel continues to grow brighter, local governments are now setting their sights on what a post-COVID world might look like.
Much attention has been paid to the lack of minority representation on local councils, boards, and police departments.
A group of agencies led by the Los Angeles County Sheriff’s Department uncovered 500 illegal cannabis grows worth $50 million dollars in the Antelope Valley last Tuesday.
Cannabis users were ecstatic when voters legalized marijuana in 2016. But reform came with a price — quite literally.