On September 12, 2012, Governor Brown signed AB 340, the Public Employees Pension Reform Act (PEPRA). The bill makes many changes to the pensions of public service workers in California - including LACERA members; however, most of them are for future hires (those hired on or after December 1, 2012) and DO NOT impact current employees.
The...
Proposition 32: YES 44% NO 56%
CAPE Members YOU did it! Thanks to your hard work, and the work of tens of thousands of dedicated union volunteers, Proposition 32 was decisively rejected by California voters in the General Election.
We all know by now of the devastating impacts...
We all know the wealthy and wellconnected are accustomed to playing by their own set of rules. Their lawyers and lobbyists write special exemptions for them that the rest of us would never be able to get.
For instance, G.E. made $14.2 billion in profits yet paid no taxes to the federal government – in fact, they got a refund. Despite crashing our...
LEGISLATORS PASS AND GOVERNOR SIGNS BILL
Full Impact Still Unknown
In the final days of the 2011-2012 Session, legislators met with the Governor and his staff to craft major reform on the laws that govern public employee pension systems and benefits.
Pension managers and local government officials...
The 2012-2013 CAPE Board of Directors Election results were tallied on August 30th by representatives from California Elections Company, an independent elections firm. Congratulations to incumbents John Fallon (DPW), Paul Hernandez (DPW), Lisa Andres (Assessor), and newcomer Dennis Ruh (...
CAPE’s commitment is to respond to member inquiries within 24 hours or less, and in a manner that will best help them meet their career goals. Depending on the nature of your call, you will be assisted by the appropriate professional staff that includes CAPE Legal Counsel, Business Agents and Administrative Staff.
However, this can only happen...
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