---

Local News

• Bee exclusive: Former CSBA exec's pension slashed after audit

The former executive director of the California School Boards Association who retired amid a financial scandal involving his pay and bonuses will have his pension reduced by 65 percent, the state pension fund said.


CSBA chief Scott Plotkin will draw a $205,000 pension.

• CalSTRS' gap rises as return forecast falls

By lowering its investment forecast by another quarter point, CalSTRS made a bow toward economic reality – but also may have complicated efforts to shore up its finances.
• Unions howl at details of Jerry Brown's pension overhaul

Gov. Jerry Brown laid out a detailed plan to alter California's state and local public retirement systems on Thursday – and immediately drew fire from his core labor constituency.
• CalPERS project developer fined

In the last chapter of a CalPERS real estate investment gone bad, the project's developer was sentenced for making illegal campaign contributions to win support for the deal.
• CalSTRS may cut forecast again

CalSTRS is thinking of cutting its investment forecast for the second time in barely a year, a move that acknowledges the increased financial strain on the pension fund.
• CalPERS discloses $250 million realty loss

CalPERS took a $250 million loss on a massive land deal as it continues to reposition its battered real estate portfolio, the pension fund said Wednesday.

TOP

Regional News

TOP

National News

• Scandal-plagued school closes for 2 days

An L.A. elementary school at the center of two child abuse cases will be closed for two days this week as the investigations continue, officials said.


• Giant parade awaits Super Bowl winners

A ticker tape parade awaits the New York Giants this week when the team returns home as Super Bowl champions after defeating the New England Patriots in a last-minute touchdown.


• College lacrosse player's murder trial begins in Virginia

The trial of a University of Virginia lacrosse player who is accused of fatally beating his ex-girlfriend is expected to begin Monday.


• Nearly 500 on 2 Princess cruise ships stricken by Norovirus

Nearly 500 cases of Norovirus have been reported on two Florida-based Princess Cruises ships, the cruise line said Sunday.


• Bishop Eddie Long apologizes to Jewish group after Torah ceremony

Bishop Eddie Long has apologized to the Anti-Defamation League over an incident in which he was wrapped in a Torah scroll and crowned "king."


• Authorities: Man killed after stealing police car, killing officer

An Alabama robbery suspect fatally stabbed a police officer in jail, escaped in a stolen patrol car and wounded another officer before he was killed, authorities said Friday.

TOP