Archive for November 19th, 2014

InlandPolitics: San Bernardino County pension fund still has $2 billion funding gap

SBCO

Wednesday, November 19, 2014 – 09:00 a.m.

San Bernardino County’s pension fund isn’t in horrible shape. But it isn’t in great shape either!

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San Bernardino Seal

By Ryan Hagen, The Sun
Posted: 11/18/14, 7:46 PM PST |

RIVERSIDE >> San Bernardino has six months to come up with a detailed plan to exit bankruptcy or its case will be thrown out of court.

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Gary Ovitt

San Bernardino County Supervisor Gary Ovitt, right, expresses his appreciation to friends and colleagues during his final Board of Supervisors meeting Tuesday in San Bernardino. “I’m so thankful to all of you for all that you’ve done,” he said. (Photo by Micah Escamilla — staff photographer)

By Ryan Carter, San Bernardino Sun
Posted: 11/18/14, 6:42 PM PST | Updated: 39 secs ago

SAN BERNARDINO >> Gary Ovitt said goodbye Tuesday to a packed Board of Supervisors chamber, with a message: “This job for me has been all about building relationships with people,” he said, wearing his familiar bow tie and a crisp dark suit.

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SacBee: Opinion: Big pension gap won’t vanish soon

Dan Walters

By Dan Walters
dwalters@sacbee.com
11/18/2014 10:15 PM

State Controller John Chiang performed an admirable public service by publishing a detailed report on the finances of California’s public employee pension systems.

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San Bernardino Sign

The city’s lawyers suggested San Bernardino wasn’t eager to pick a fight with the nation’s largest public pension fund.

By Dale Kasler
dkasler@sacbee.com
11/18/2014 11:08 PM

Public employees and retirees in California absorbed a potentially devastating court ruling a little more than a month ago: Pension benefits can be legally slashed if their employers go bankrupt.

The cities in a position to cut pensions, however, have shown no interest in doing so.

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Politico: GOP mulls its own immigration plan

Politico

By Jake Sherman and Anna Palmer
11/18/14 – 1:08 PM EST

House and Senate Republican leaders have been privately discussing the potential of introducing targeted immigration reform bills in the coming months, according to multiple sources in both chambers.

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US-Mexico Border Fence

In this Monday, March 25, 2013 photo, Border Patrol agent Richard Gordon walks the border fence in the Boulevard area east of San Diego looking for signs that reveal movement of illegal immigrants in the rugged, mountainous terrain in Boulevard, Calif.

By Dan Walters
dwalters@sacbee.com
11/18/2014 1:03 PM

California still has, by far, the nation’s largest population of illegal immigrants, but it declined between 2009 and 2012, according to a new report by the Pew Research Center.

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