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TexasTowelie

(112,493 posts)
Wed Feb 15, 2017, 01:28 AM Feb 2017

With pension reform looming, these California departments went on a hiring spree

On the eve of major pension changes that would crimp retirement benefits for new hires, a handful of California government agencies went on a holiday hiring spree.

The Board of Equalization hired 25 new faces that week. Seventeen reported for their first day of work on New Year’s Eve.

The Sacramento Metropolitan Fire District brought on 23 new recruits between Dec. 24 and Dec. 31 of 2012. A spokeswoman said the department was racing to fill spots in a fire academy scheduled to begin Jan. 2, 2013.

And the state’s pension fund itself welcomed 20 new employees that week, including two well-paid investment fund managers who started work on New Year’s Eve.

Read more here: http://www.sacbee.com/news/investigations/the-public-eye/article132104954.html

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