Search results
Results From The WOW.Com Content Network
In government finance, a warrant is a written order to pay that instructs a federal, state, or county government treasurer to pay the warrant holder on demand or after a specific date. Such warrants look like checks and clear through the banking system like checks, but are not drawn against cleared funds in a checking account (demand deposit ...
CalPERS health care benefits payments. Prepared by Lincoln Crow Benefits Research Group and released in April 2008, this study found that the direct payments of $4.2 billion in 2006 led to a total impact of $7.6 billion. Key findings of the CalPERS Economic Impacts in California Report for the fiscal year ending June 30, 2012 included: [126]
CalPERS also is applying the new definition of limited duration to out-of-class assignments, in which employees temporarily fill higher-paid roles and may receive larger pensions as a result.
On April 1, 1878, the California Office of the Commissioner of Transportation was created. [3] During the 19th century, public concerns over the unbridled power of the Southern Pacific Railroad grew to the point that a three-member Railroad Commission was established, primarily to approve transportation prices. [4]
Jul. 18—Yuba Water Agency said Tuesday that Yuba County is expected to save more than $400,000 over the next year due to a $9 million low-interest loan that was approved to help cover the county ...
The loss left the fund with a year-end value of $440 billion, or 72% of what it would need to pay all its long-term obligations. That’s down from 80% a year ago, when the fund was worth $469 ...
The same study found that workers with tenures of 10-25 years of service were served well by 10.9% of plans. Workers with less than 10 years of service were served well by .5% of plans. [18] In another study, Equable Institute found that the total lifetime value of teacher pension benefits have declined by $100,000 on average (13%) since 2005.
CalPERS then transferred the property to a Los Angeles-based developer, CIM Group, and developed several plans for the site including a 33-story, $550 million tower that would have been the city ...