October 2019

CSU professors paid to keep CalPERS pension credit

On: October 31, 2019

California State University Chico cut a former professor’s pension after determining he rarely worked for 10 years, but failed to cut the pensions of at least five other faculty members who took time off in similar circumstances, according to court records. Former professor Abdel-Moaty Fayek arrived last week after aRead More →

City withdraws $ 248 million in company pension funds after CEO’s inappropriate comments on women

By: Annie W. Nanney

On: October 16, 2019

In: Pension money

Prior to the vote, Mayor Martin J. Walsh, who appoints some of the pension board members, demanded that he withdraw the money from the town of Fisher. “Ken Fisher’s statements involve not only his own judgment, but potentially that of the company as a whole,” Walsh wrote to the board.Read More →