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By Editorial Board / Friday, April 25th, 2014 / Editorials, Opinion / Comments Off on Editorial: Ventura County pension reform moves closer to a vote
Backers of the ballot initiative led by the Committee for Pension Fairness and Fourth District Supervisor Peter Foy delivered 40,500 petitions to the county on April 23, roughly 50 percent more than the number required to certify the measure for the ballot.
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By Stephen Nellis / Friday, April 4th, 2014 / Columns, Technology / 1 Comment
Maverick Angels, the Westlake Village-based investor group co-founded by the late John Dilts, is disbanding but not disappearing completely. Founded in 2006, Maverick was a different take on the idea of an angel network. Like other networks, it was an association of individual accredited investors — it didn’t pool money, and members made their own Read More →
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By Tony Biasotti / Friday, April 4th, 2014 / East Ventura County, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Muñoz Schnopp bankruptcy filing reshapes 44th District race
Port Hueneme City Councilwoman Sylvia Muñoz Schnopp filed for personal bankruptcy on March 12, the same day she dropped out of the race for a State Assembly seat. Muñoz Schnopp, a Republican, had filed a statement of intent to run in the June primary for the 44th Assembly District. The district covers most of Ventura Read More →
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By Staff Report / Friday, March 28th, 2014 / East Ventura County, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Reason study: Taxpayers would save $460M with pension overhaul
A proposal to change Ventura County’s public-employee pension system from a defined-benefit to a 401(k)-style system would save taxpayers $5.4 million in cash flow over the first two years and $51.6 million in cumulative savings over five years of reform, according to a study by the Los Angeles-based Reason Foundation, a libertarian think tank. The Read More →
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By Editorial Board / Friday, March 7th, 2014 / Editorials, Opinion / Comments Off on Editorial: Housing affordability another issue in pension debate
Part of the drive for higher and higher public benefits stems from the fact that housing affordability in our coastal zones is a chronic problem.
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By Guest commentary / Friday, March 7th, 2014 / Op/Eds, Opinion / Comments Off on Op/ed: Pension investments are fundamentally sound
Pensions are a vital part of compensation and serve as an asset to local governments.