For 65 years, the California Supreme Court has taken a rigid line on pensions for public employees: Any retirement benefits promised to a worker at the outset of a job can only be reduced if they are replaced with something of equal value. That iron-clad precedent has been dubbed “the California Rule.” Today the state’s […]
pensions
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Arcata Weathering the Budget Storm, For Now
As other local cities — we’re looking at you, Eureka and Fortuna — contemplate deep budget cuts, it looks like Arcata will be able to hold the line on services, and even tuck a bit of money away for a rainy day. City staff is proposing a budget — slated to be discussed at study […]
