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The San Diego City Employees' Retirement System had been underfunded in some form for more than a decade. [2] In 2001, as a result of years of sharp increases in pension benefits combined with decreases in pension funding [3] and a decrease in the value of investments, [4] the fund fell below certain funding targets.
Diann Shipione is a former trustee of the San Diego, California City Employees' Retirement System pension board, credited with exposing unlawful underfunding of the pension fund [1] and omissions in municipal bond sales documents. [2] She was formerly a vice president at UBS Financial Services and is the wife of businessman Patrick C. Shea.
The California Public Employees' Retirement System (CalPERS) is an agency in the California executive branch that "manages pension and health benefits for more than 1.5 million California public employees, retirees, and their families". [3][4] In fiscal year 2020–21, CalPERS paid over $27.4 billion in retirement benefits, [5] and over $9.74 ...
The California School Employees Association ( CSEA) is the largest classified school employees labor union in the United States. CSEA represents a quarter million classified public school employees in California . CSEA was formed in 1927 by a determined group of Oakland custodians who saw the need to gain protections for themselves and other ...
Joel Anderson. Joel Anderson (born February 11, 1960) is an American politician serving as a member of the San Diego County Board of Supervisors. A Republican, he is a former California state senator, assemblyperson, and board member of a municipal water district. During his time in the Legislature, Anderson served on the board of the American ...
The California State University Emeritus and Retired Faculty & Staff Association, also known as CSU-ERSFA, is a statewide, nonprofit organization of emeritus and retired faculty and staff members from all 23 campuses of the California State University system. The primary mission of CSU-ERFSA is the protection of pension and health care benefits ...
Barbering and Cosmetology, Board of (BBC) Behavioral Sciences, Board of (BBS) Biodiversity Council, California (CBC) Boating and Waterways Commission, California. Building Standards Commission, California (BSC) Financial Protection and Innovation, California Department of (DBO) Business and Economic Development, Governor's Office of.
Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...