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You are here: Home / Archives for CalPERS

Council to vote on pension trusts at Tuesday’s meeting

July 22, 2018 by Nick Sestanovich 9 Comments

The Benicia City Council will hear an update on California Public Employees’ Retirement System (CalPERS) actuarial issues at Tuesday’s meeting. According to a staff report by Finance Director Cindy Mosser, the city provides retirement benefits for employees through its participation in CalPERS, which allows the city to spend roughly $5.5 million per year to fund […]

Filed Under: Features, Front Page, News Tagged With: Benicia, Benicia City Council, CalPERS, pension trust, retirement funds

Letter: A financial revolt is coming

February 9, 2018 by Editor 16 Comments

A financial revolt is coming This is not fiction. This is what this very fine city is facing.  I do not ask the  residents/voters to believe me. Vice Mayor Young posted an article about this issue on “Benicia Happenings.” Sorry, posting is not the answer.  Action is. It is all about the underfunded CalPERS retiree […]

Filed Under: Letters, Opinion Tagged With: Benicia, CalPERS, letters, opinion

Council presents employee awards, hears financial reports Tuesday

March 2, 2017 by Elizabeth Warnimont 3 Comments

The Benicia City Council presented employee recognition awards at its regularly scheduled meeting Tuesday before commencing with other business, including the formal appointment of new City Manager Lorie Tinfow, who will begin serving the city on April 17. Awards were presented to: Employee of the Year – Danilo Stanovich, Public Works; Rookie of the Year […]

Filed Under: Features, Front Page, News Tagged With: Benicia, Benicia City Council, CalPERS, city manager, Employees of the Year, Lorie Tinfow

City Council to appoint commission members, city manager tonight

February 28, 2017 by Elizabeth Warnimont Leave a Comment

The Benicia City Council will consider approval of six members to boards and commissions and the appointment of Lorie Tinfow to city manager, among other items, at the city council meeting tonight, Tuesday, Feb. 28 at 6 p.m. Additional agenda items include a second reading and adoption of an ordinance to establish speed limits on […]

Filed Under: Features, Front Page, News Tagged With: Benicia, Benicia City Council, briefs, CalPERS, city manager, Lorie Tinfow

Officials react to governor’s budget revision

May 15, 2014 by Donna Beth Weilenman Leave a Comment

What does ‘May Revise’ portend for Benicia, other California cities? Gov. Jerry Brown has made his annual May adjustments to his proposed budget this week, based on a predicted $2.4-billion increase in state revenues. While Brown, who released the modifications Tuesday, has said the May revision continues to pay down debt and reduce long-term liabilities […]

Filed Under: News Tagged With: Benicia, Bob Huff, budget, California, CalPERS, CalSTRS, Jerry Brown, Local Control Funding Formula, local governments, Lois Wolk, May Revise, rainy day fund, realignment, Susan Bonilla, teachers

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