Final Ruling in Measure B Case

Last week, Santa Clara County Judge Patricia Lucas issued a final Measure B verdict. A reader wondered in an email why we didn’t write about it. Fair point, which brings us to this update. The final decision in the landmark pension reform case that forced employees to contribute 16 percent more of their pay to retirement costs is similar to the tentative ruling trotted out in December, except for a couple details.

Read More 2

A One-in-Four Chance

On Tuesday the Council will discuss the fiscal reform proposals that Mayor Reed has researched and constructed. It will not be not an ordinary city council meeting but instead a major discussion being held in big cities across the country. Last week, the Council had a study session regarding the City’s retirement system.  From my view, the presentation given by staff, which included the director of retirement services, Russell Crosby, was one of the best I have seen.  A step-by-step explanation of the retirement system was provided.

Read More 100