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LACERA was established on January 1, 1938, following passage of the County Employees Retirement Law of 1937 (CERL), which mandates LACERA to pay for the defined retirement benefits of Los Angeles County employees and their beneficiaries. In 1971, LACERA began administering a retiree healthcare benefits program. Management
The Los Angeles County Metropolitan Transportation Authority operates the third-largest public transportation system in the United States by ridership with a 1,433 mi 2 (3,711 km 2) operating area and 2,000 peak hour buses on the street any given business day. Metro also operates 109 miles (175 km) of urban rail service. [1]
Plenty of state workers are asking when they’ll see raises that unions won earlier this summer through contract bargaining. The short answer? Soon, but not immediately. When will I get my...
Under the Senate Finance Committee plan, any state employee earning $50,000 or less would receive a $1,375 raise. Those earning more than $50,000 a year would receive a 2.75% pay increase. The ...
Just before the contract ended, the MTA offered a 3.5% per year raise and no change in the retirement age, with the caveat that new transit workers pay 6% of their wages into the pension fund, up from the 2% that current workers pay. The offer was rejected, and a strike declared.
May 10, 2023 at 8:44 AM. South Carolina state employees can expect a pay raise of $2,500 or 5%, whichever is higher, state budget writers have decided. With $800 million in additional money...
MTA and Transport Workers Agree on Pay Increase for Transit Employees - Fort Greene-Clinton Hill, NY - The eight percent wage increase would be implemented over the next five years.
LONG ISLAND, NY — A total of 43 LIRR employees earned more than $250,000 in 2020, according to payroll data released by the Empire Center for Public Policy. Of those, 19 workers topped $300,000 ...
Rich Scinto, Patch Staff. CONNECTICUT — State officials announced the tentative state employee union bargaining agreement, which calls for multiple years of raises and bonus payments. The ...
calpers.ca.gov. 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 ...