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California, feds want to narrow retirement gap. They can’t agree on how
Headline: California, feds want to narrow retirement gap. They can’t agree on how
Publication: San Francisco Chronicle
Article Date: Jun 8, 2019
“Everyone agrees that something should be done to help the roughly half of U.S. private-sector employees who have no access to a retirement plan at work. After a number of Democratic-leaning states took matters into their own hands, Congress is getting close to a national alternative. But there’s a big difference in the two approaches.” Read article…
A 4-Step Checklist for People About to Retire
Headline: A 4-Step Checklist for People About to Retire
Publication: The Motley Fool
Article Date: Jun 3, 2019
“Are you getting ready to leave the working world for good? Before you walk out the door for the last time, it’s important to get a few financial priorities completed so you can live out your golden years with the minimum of money worries — and so you can actually enjoy your years of retirement.” Read article…
The Retirement Crisis: Worse Than You Think
Headline: The Retirement Crisis: Worse Than You Think
Publication: Investing Daily
Article Date: Jun 5, 2019
“Millions of destitute seniors with no savings, reduced to eating cat food? Let’s put it this way: America faces a full-blown retirement crisis.” Read article…
Governor Gavin Newsom Calls for Creation of a Master Plan for Aging
Headline: Governor Gavin Newsom Calls for Creation of a Master Plan for Aging
Publication: California Governor Newsroom
Article Date: Jun 10, 2019
“Recognizing that California’s over-65 population is projected to grow to 8.6 million by 2030, Governor Gavin Newsom today signed an executive order calling for the creation of Master Plan for Aging to be developed by October 1, 2020. The Master Plan will serve as a blueprint that can be used by state government, local communities, private organizations and philanthropy to build environments that promote healthy aging.” Read article…
City Council Votes To Seek Invalidation Of Prop. B Pension Reform Initiative
Headline: City Council Votes To Seek Invalidation Of Prop. B Pension Reform Initiative
Publication: KPBS
Article Date: Jun 10, 2019
On June 10, 2019, the San Diego City Council voted 6-3 to direct the city attorney to invalidate the Proposition B pension reform initiative. The initiative replaced pensions for all new city employees except police officers with 401(k) retirement plans. The state Supreme Court ruled last year that the initiative was placed on the 2012 ballot illegally. Read article…