Long Beach pension reform
On Monday the City announced agreements with the last four remaining bargaining units in the City of Long Beach – Engineers, Lifeguards, Confidential, and Management. With these final agreements, Long Beach has achieved full pension reform, with all City employees paying their full share of pension costs, making Long Beach the largest CalPERS city to achieve this milestone.
Capstone pension reform agreement was announced between the City of Long Beach and International Association of Machinists, its largest bargaining group.
Today the City of Long Beach and the International Association of Machinists (IAM) announced a hallmark agreement to significantly reduce pension costs, enact pension reform and provide future budget relief.
Photo by steve lyon
On Friday October 7, 2011 the City of Long Beach and the Firefighter’s Association (FFA) announced a tentative agreement to significantly reduce pension costs, enact pension reform, and provide future budget relief.
On Wednesday the City of Long Beach and the Police Officers Association (POA) announced a hallmark tentative agreement to significantly reduce pension costs, enact pension reform, provide future budget relief, and protect police officers from layoffs in the upcoming Fiscal Year 2012 budget.
Long Beach City Council members Rae Gabelich, Steven Neal and Gerrie Schipske today issued the following statement in response to the cuts to fire, police, library and recreation services proposed by both City Manager, Pat West, and Mayor Bob Foster:
Photo by T Hoffarth
On Tuesday, February 15, 2011 the City Council will consider labor agreements with four employee associations that achieve another significant step toward pension reform. Agreements with the City’s Management Association, Confidential Employees, Attorneys Association and Prosecutors Association will result in new employees paying the full employee share of their pension costs, a lower benefit formula, and an increased retirement age.