For most of the summer, Ventura County was at the heart of a statewide debate over public-sector pensions. Reformers spent tens of thousands of dollars on a proposed referendum to change Ventura County’s public employee retirement system from a defined-benefit system to a 401(k)-style system. On Aug. 4, the battle ended when a judge struck Read More →
A former Ventura County Senior Deputy Sheriff who makes $139,771 a year in retirement is suing the county after his application for a service-connected disability designation that would lower his income tax bill was denied.
A grassroots effort to junk Ventura County’s defined-benefit pension plan and replace it with a 401(k)-style defined contribution plan took a step forward on June 2, when County Clerk and Recorder Mark Lunn certified that enough signatures have been collected to place the initiative on the November ballot. Advocates for the so-called Initiative for Pension Read More →
Measure M, if it passes, is a good first step toward re-prioritizing Santa Barbara County’s budget.
Backers of the ballot initiative led by the Committee for Pension Fairness and Fourth District Supervisor Peter Foy delivered 40,500 petitions to the county on April 23, roughly 50 percent more than the number required to certify the measure for the ballot.
A proposal to change Ventura County’s public-employee pension system from a defined-benefit to a 401(k)-style system would save taxpayers $5.4 million in cash flow over the first two years and $51.6 million in cumulative savings over five years of reform, according to a study by the Los Angeles-based Reason Foundation, a libertarian think tank. The Read More →
Oxnard’s city attorney is trying to claw back $101,400 from seven city officials who benefited from an allegedly illegal retirement perk set up by Ed Sotelo, the former city manager at the heart of a corruption probe that began in 2010.