As pension reformers take another run at the 2016 ballot, details of a proposed measure are beginning to take shape.
A new look at the retirement debt of one Bay Area city places the financial burden at more than $4,100 per resident.
Dozens of Milpitas city employees will see the restoration of pay and retirement benefits lost during the Great Recession under three new labor agreements between city workers and management.
Public employees and retirees in Stockton won a victory when a judge approved a reorganization plan for that city that included a full repayment of its pension debts.
A bankruptcy judge has dismissed a claim from creditors of the city of Stockton that would have kept the city in bankruptcy.
Vallejo city manager Joseph Tanner was on the frontlines in 2008 when the city was headed toward bankruptcy in 2008.
In the wake of the economic crisis, municipalities across California have struggled to maintain city operations while balancing a budget.
Though the case surrounding Stockton’s bankruptcy is winding down, the city still is the center of attention when it comes to the ever-contentious issue of pension.
Recently, an administrative panel decided to roll back changes to public employee pensions.