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Diann Shipione is a former trustee of the San Diego 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 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.
The Northern California District Council of Laborers (NCDCL) is a labor organization affiliated with the Laborers' International Union of North America.The NCDCL was chartered in 1937 in San Francisco, California and today represents over 30,000 men and women, who are collectively employed as laborers by its network of 1700 signatory employers.
The case is Construction Laborers Pension Trust of Greater St. Louis v Intel Corp, U.S. District Court, Northern District of California, No. 24-04807. (Reporting by Jonathan Stempel in New York ...
In 2008, San Diego's mayor vetoed a 24% pay raise for the city council that Peters and four other council members had voted for. [26] [27] Peters was a member of the San Diego City Council during the San Diego pension scandal. [28] In 2002, he voted with the majority to underfund the employee pension system.
The San Diego Padres are facing a battle for ownership of the team. Perhaps adding to the drama is that this is a family conflict. Sheel Seidler, the widow of late team owner Peter Seidler, has ...
Move over, Wordle and Connections—there's a new NYT word game in town! The New York Times' recent game, "Strands," is becoming more and more popular as another daily activity fans can find on ...
This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.