Brown Signs Important Legislation Into Law

September 30, 2013 0

Last week California Governor Jerry Brown signed two pieces of legislation the we want to take note of. Over the irrational objection of business groups, Brown signed AB 10 which will implement an increase in the state minimum wage. He also signed AB 701, settling the VLFAA dispute between the State and the County of Orange

Fleischman’s Editorial on Pensions; Dumb and Dumber

September 23, 2013 2

In his Voice of OC commentary Jon Fleishman tries to paint the serious issue of unfunded actuarially accrued liability (UAAL) into a political box of Republican vs. Democrat, Conservative vs. Liberal and Unions vs.Taxpayers. Both Democrats and Republicans agree that responsible recognition of pension liabilities and their funding is necessary.