Allegheny County pension fund faces $1.4 billion shortfall

Allegheny County pension fund faces $1.4 billion shortfall

Innamorato pushes back on Allegheny County pension crisis accusations in Pittsburgh Allegheny County District Attorney Stephen Zappala has accused County Executive Sara Innamorato of ignoring concerns about an allegedly underfunded county employees’ pension fund, citing a $1.4 billion unfunded liability. Innamorato responded to Zappala’s claims, stating that the issues surrounding the pension fund are longstanding … Read more

Calmatters: California Pension Ruling Limits How Many Vacation Hours Workers Can Count For Retirement

Calmatters: California Pension Ruling Limits How Many Vacation Hours Workers Can Count For Retirement

The CalMatters logo. CalMatters is a nonpartisan and nonprofit news organization covering California (CalMatters via Bay City News) CalMatters/CalMatters via Bay City News A new California Supreme Court ruling on retirement pay for public employees centered on a small amount of money — just one week’s salary for a retired attorney — but it had … Read more