Month: April 2014

CalPERS Pension Benefits Generate $30 Billion in Economic Activity

April 10, 2014 0

More than $30 billion in economic activity was generated by retirement benefits paid by the State’s pension fund, according to a study released by the California Public Employees’ Retirement System (CalPERS). The CalPERS Economic Impacts in California report for the Fiscal Year ending June 30, 2012, highlights the vital role CalPERS plays in the State’s economy each year. The report demonstrates how CalPERS benefits and investments generate significant economic activity in the state, to stimulate business growth and increased tax revenues, and to support and create jobs for Californians.

Paycheck Fairness Act fails in Senate on party-line vote

April 10, 2014 0

On Tuesday, the Paycheck Fairness Act of 2014 failed to pass out of the United States Senate on a 53-44 party-line vote. The proposed legislation would have strengthened laws prohibiting pay discrimination based upon gender. In the senate, a bill usually requires a vote of at least 60 members to move forward to the floor for consideration. This parliamentary process allows a minority of senators to effectively stop a bill that would pass on a majority vote.

DA will not prosecute Norby for domestic abuse arrest

April 8, 2014 1

Orange County District Attorney Tony Rackauckas has decided to not prosecute former Orange County Supervisor and State Assemblyman Chris Norby, who was arrested on charges of suspected domestic abuse and child endangerment on March 12, 2012.