Last month, the CalPERS Board of Administration awarded Marcie Frost, the chief executive of CalPERS, a four percent raise and an $84,873 bonus. The raise increases Frost’s base pay to $330,720. The raise and bonus also come a month after Naked Capitalism, a financial blog, reported that a consultant-prepared report in Frost’s job application included […]

According to the Sacramento Bee, California state attorneys are going to fight court rulings directing the state to pay about $40 million in back wages and benefits to about 3,000 current and former judges who claim they were shortchanged during the recession. The state must pay 10 percent annual interest on the back wages and […]

Get ready to pay more for gasoline and diesel in California starting next week because of the statewide excise tax to pay for transportation projects. Effective Wednesday, November 1st, the statewide excise tax on gasoline will jump by 12 cents per gallon to 41.7 cents. The excise tax on diesel fuel will jump by 20 […]

A new state audit that was recently released is claiming that the California State University system has unjustifiably hired more management personnel than is needed over the years and has been paying them raises more than needed. The Sacramento Bee reports: There were nearly 4,000 managers in the CSU system during the 2015-16 academic year, […]