This year, Riverside County’s old Pension Advisory Review Committee (PARC), which reports to the Executive Office and CEO, advocated to increase employee contribution levels. Even though employees vested in the system cannot lose their rate, the items that can change are:
• The amount workers contribute. Currently, the employer pays the employees
share after the employee has worked 5 years for the county.
• A ballot initiative could:
• Change the percent workers receive in retirement.
• Two-tier employee retirement for new hires.
• Abolish the current system in favor of a 401 (k).
SEIU 721 is participating in a new Riverside County Pension Reform Advisory Committee (PRAC) that will report to the supervisors to shed light on the realities of retirement. The bargaining team is committed to defending workers’ rights to a secure retirement, but they can’t do it alone. They need member support.
The bargaining team is working to ensure the right to a secure retirement, as well as ending furloughs and achieving a fairness agreement.
• Take action by becoming politically involved around the retirement issue.
To find out more information, contact political coordinator Bennie Tinson at 951-686-7372 or email bennie.tinson@seiu721.org.
• Attend bargaining sessions. Next meeting:
Thursday, April 22
8AM – 6 PM
Riverside County Flood Control Bldg.
1995 Market Street,
Riverside, CA 92501
Does “Equal treatment” refer to 10x amount of medical monthy payments currently received by management upon retirement?( Non-management receives $25/mo while management receives $256.)
I work hard, no house, no saving. money valeu is very low when I get, almost nothing. Can not kill me. insurances all high are impossible. I support my family all, now thay gone, I am just dry, suppose I have a good time, harvest now the rest till dey. I will not able to work/walk very soon.
I work hard, no house, no saving. money valeu is very low when I get, almost nothing. Can not kill me. insurances all high are impossible. I support my family all, now thay gone, I am just dry, suppose I have a good time, harvest now the rest till dey. I will not able to work/walk very soon.