BY ELI WOLFE CalMatters Earlier this year, the California State Teachers Retirement System issued an ominous statement: teacher retirements in California are projected to hit nearly record-breaking heights in 2021. The statement, which came in the form of a February blog post, said that the numbers will be almost as...
District Offers Veteran Central Unified Staff an Early Retirement Deal
Hundreds of Central Unified School District employees recently learned they are eligible for an early retirement incentive paying 80% of their final year's salary over a five-year period. To qualify, the employees must be age 55 or older, have worked for the district for at least five years, and agree...
Hit by the Virus and Weighing a Raid on Your 401(K)? Beware
Many Americans are struggling financially due to the coronavirus. A recent federal relief package makes it easier for people financially harmed by the coronavirus outbreak to tap into their retirement savings for cash by loosening rules for withdrawals and loans. But should they use them? Experts say it's an option of last...
401(K) Accounts Hit Records as Workers Sock Away More, Stocks Jump
NEW YORK — How's your 401(k) doing? President Donald Trump likes to ask that question around the country, sometimes throwing out big gains like 90% or 95%. The average 401(k) did indeed hit a record last year, although its growth was considerably less than that. The average 401(k) balance rose...
Californians Must Shape the ‘Future of Work.’ Unions Are Essential to That Future.
Mentioning the “future of work” can conjure fears of robots stealing jobs, displacing millions of workers in a dystopian mess straight out of a science fiction movie. The truth is, we don’t know what the work world will look like in 100 years or even 10 or 20. But we...
Californians Must Shape the ‘Future of Work.’ Unions Are Essential to That Future.
Mentioning the “future of work” can conjure fears of robots stealing jobs, displacing millions of workers in a dystopian mess straight out of a science fiction movie. The truth is, we don’t know what the work world will look like in 100 years or even 10 or 20. But we...
Californians Must Shape the ‘Future of Work.’ Unions Are Essential to That Future.
Mentioning the “future of work” can conjure fears of robots stealing jobs, displacing millions of workers in a dystopian mess straight out of a science fiction movie. The truth is, we don’t know what the work world will look like in 100 years or even 10 or 20. But we...
Ryan Leaf Uses His Story to Help Other Former NFL Players
Ryan Leaf spent most of his time in prison alone and angry until a military veteran persuaded the former No. 2 overall NFL draft pick to stop self-loathing long enough to help fellow inmates learn to read. Now the once-star college quarterback who is widely considered the biggest bust in...
Poll: Many Feeling Vulnerable Despite Economic Gains
WASHINGTON — Americans are generally satisfied with their personal finances, but many lack confidence in their ability to afford retirement, an emergency expense or even their daily living costs. Roughly two-thirds, 67%, describe their financial situation as generally good, up slightly from 62% who said so at the start of...
Clovis Quickly Identifies Its New Chief of Police
Curt Fleming will assume command of the Clovis Police Department on Aug. 3, succeeding Matt Basgall who announced his retirement date in late May. Fleming, who is a captain, joined the department in 2006 after beginning his law enforcement career with the Fresno Police Department. “Captain Fleming is a natural...