by Ron DeLord | Apr 10, 2016 | Collective Bargaining, Fire, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
San Bernardino will pay the holders of its pension obligation bonds 40 percent of what they’re owed, reducing the total payments to one of its largest creditors by about $45 million, according to a settlement between the bankrupt city and those creditors. The deal...
by rondelord | Jan 14, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
San Bernardino County’s contribution to its employee pensions will increase by $35.6 million in the next year, attributed to reduced rates on investment returns and increased life expectancies for pensioners, according to the county’s chief financial officer. And...
by rondelord | Nov 22, 2014 | Collective Bargaining, Labor, Pensions, Police, Politics, Unions
SAN BERNARDINO – A move to ask the Sheriff’s Department to submit a bid to police the city was dropped Monday at the request of Mayor Carey Davis. The move was made without any substantive comment, but Davis released a statement the afternoon of the meeting that...
by rondelord | Oct 16, 2014 | Collective Bargaining, Labor, Pensions, Police, Politics, Uncategorized, Unions
The police officer association’s nearly yearlong truce with the city is over, the union’s attorney said Wednesday in a filing in U.S. Bankruptcy Court. And so it’s asking for two actions — one to move along a case they say is languishing in court, the other as a...
by rondelord | Oct 9, 2014 | Collective Bargaining, Labor, Pensions, Police, Politics, Unions
SAN BERNARDINO >> A tentative agreement between the city and the police union that both sides trumpeted months ago has broken down, according to union president Steve Turner. “This contract would have brought much-needed stability to the San Bernardino Police...