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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]
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]
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 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.
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 ...
LACERA was established on January 1, 1938, following passage of the County Employees Retirement Law of 1937 (CERL), which mandates LACERA to pay for the defined retirement benefits of Los Angeles County employees and their beneficiaries. [1] [3] In 1971, LACERA began administering a retiree healthcare benefits program. [1]
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 ...
On May 28, 2009, CalSTRS announced that individual proxy votes will be publicly available online through a partnership with ProxyDemocracy.org, a nonprofit organization that offers free online investment information about portfolio companies. [10] [11]