1. March 24, 2017

    CalPERS Declares Consortium in Default of Pension Obligations

    BY: Jorge Luna, Joshua Morrison, Nate Kowalski

    On March 15th, the CalPERS Board of Administration declared the East San Gabriel Valley Human Services consortium in default for failing to pay over $400,000 to fund its pension plan.  According to CalPERS, the consortium’s contract will terminate in 60 days. At that time, the consortium will be liable for approximately $19.3 million, the amount […] more

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