Convicted or Not, L.A. Sheriff Baca Will Collect a Big Pension

By Marc Joffe
01/17/2017
Leroy "Lee" Baca, the man served for 16 years as L.A. County's top cop, has admitted to charges of lying to the FBI in a coverup of inmate abuse at the county jail. But even if convicted, the retired Los Angeles County Sheriff will continue to receive retirement benefits – today valued at more than $342,000 annually. A conviction would put him in a unique position to corner the prison commissary.

TAGS: $100K pension club, California pensions

New Actuarial Rules Will Force States to Admit Pension Problems

By Mike Shedlock
06/18/2013
Editor’s Note:  This post by UnionWatch contributor Mike Shedlock covers familiar territory. Our parent organization, the California Public Policy Center, has published detailed analyses of the new GASB and Moody’s rules, including: “Moody’s Final Adopted Adjustments of Government Pension Data,” “How New Rules from Moody’s and GASB Affect the Financial Reporting of Pensions in Seven...

TAGS: California pensions, Public sector pensions