Entries by Ken Churchill

California Court Ruling Allows Pension Changes

On August 17, 2016 the First Appellate District Court ruled on the lawsuit brought by the Marin Association of Public Employees against the Marin County Employees’ Retirement Association (MCERA) and State of California. The case was brought after MCERA eliminated pay items considered pensionable following the States enactment of the California Public Employees’ Pension Reform […]

Sonoma County’s Pension Crisis – Analysis and Recommendations

INTRODUCTION New Sonoma, a volunteer organization of financial experts and citizens concerned about the finances and governance of the County has just completed an extensive study of the County’s pension crisis. In addition to describing how the County has incurred over a billion dollars in unfunded pension and retiree health care liabilities, how the County […]