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Retirement Planning

A collection of news and information related to Retirement Planning published by this site and its partners.

Top Retirement Planning Articles see all

Displaying items 1-5
  • Newport votes to pay off pension liability faster

    The Newport Beach council voted Tuesday to pay off the city's unfunded pension liability 11 years faster than it would have under its current 30-year plan.
  • Commentary: Some FAQs about Costa Mesa pension liabilities

    Editor's note: Attorneys John Stephens and Tim Sesler, two members of Costa Mesa's Pension Oversight Committee, asked the Daily Pilot to publish the panel's findings and recommendations. The committee put together a series of three articles, titled...

    Commentary: COIN ordinance is saving taxpayers money

    At the last Costa Mesa City Council meeting, I was pleased to see savings of more than $1 million result from negotiations with employees. The transparency of COIN confirmed this success. COIN, the Civic Openness in Negotiations ordinance, requires...

    Contract gives police raises, increases pension contributions

    The Newport Beach City Council on Tuesday approved a new contract with police that includes raises over the next three years in exchange for employees paying more toward their retirement. The Newport Beach Police Assn., which covers about 180 sworn...

    Commentary: Generous pensions drive CMPD retirements

    Have you heard of Costa Mesa's scandal de jour? Since 2012, 26 of our police officers have left. Most have simply retired. News flash: A retirement providing an officer 90% of his highest annual salary at age 50 will encourage early retirement. It's...