Tag Archives: erip

LA in Crisis: Do They Have a Clue? Do You?

Ten weeks into the new fiscal year, the LA City Council has spent the last five days — putting it $5 million in the red — trying to preserve its sweetened early retirement deal for city workers. After two days … Continue reading

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LACERS Pension Board Approves 15-year Payback for Early Retirement Deal

Setting the stage for a showdown over cutting city spending, the LACERS Board approved the Early Retirement Incentive Program (ERIP) that will cost up to $150,000 each for an estimated 2,400 workers. The board which oversees funding of pensions and … Continue reading

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Days of Reckoning: Don’t Forgive Them, They Know What They Are Doing

Sally Choi put her job on the line Tuesday even in the face of threats and intimidation from City Council members who knew very well that their actions violate both civil and criminal law. The videos below contain evidence that … Continue reading

Posted in City Hall, Hot Topics, Los Angeles | Tagged , , , , , , | 10 Comments