California Governor Decries Calpers Vote On Pensions
California Governor Decries Calpers Vote On Pensions
Ex Twitter CEO Dick Costolo Tapped As Consultant For HBO's ‘Silicon Valley’
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California Governor Jerry Brown decried a move by the state's giant public pension fund on Wednesday to include temporary pay hikes in the way pensions are calculated for newly hired workers. The board of the California Public Employees' Retirement System, America's largest pension fund, voted to approve nearly 100 types of extra pay that will count towards pensions for workers hired since 2013. In 2012, Brown passed a reform law, called the Public Employees' Pension Reform Act, aimed at reducing pension payments for newly hired workers, at a time when cash-strapped California cities are straining to pay rising retirement costs. Critics say the vote by Calpers will increase pension costs for the state, and its cities. Workers' pensions are calculated on the total amount of their monthly income. Brown, a Democrat, sent a letter to Calpers last week asking them not to allow temporary upgrade pay to count toward pensions. On Wednesday, the Calpers board rejected Brown's opposition and voted to pass all 99 pay provisions, including that temporary pay hikes can be factored into a final pension.
Dick Costolo, the former Twitter boss, who stepped down this summer, has been consulting part-time for HBO’s “Silicon Valley” on the story lines for the comedy’s third season. “I’m in the writers room, and it’s more consulting than writing. There’s plenty of writing talent in the room. I’m answering questions and describing how interactions would work between executives, VCs, employees, etc.” Showrunner Mike Judge said the writing team has been bouncing ideas off Costolo to bring a level of authenticity to the show. It’s not totally out of left field: Costolo worked as a standup comedian in Chicago after earning a computer-science degree in 1985. He went on to work for Andersen Consulting, which served as his entree into the digital-media biz.
Paul Henson is a 28-year-old dad from Virginia and he’s currently trying to help his son Caiden find the perfect Halloween costume. But, Caiden only wanted to be one character this year: Elsa from Frozen. While they were shopping for the right Elsa costume, Henson snapped a photo and shared it on Facebook. The dad was surprised at how much attention he got from the one post. Especially that it was a majority of positive responses. The pic was also shared a couple thousand times. Henson responsed to the attention by saying, that his parents raised him to be himself and that’s all he wants for Caiden.
South Carolina Gov. Nikki Haley says state wildlife officials have made at least 600 rescues during the flooding that has ravaged the state. She says the central area of the state is recovering as the waters recede, but officials are keeping a close eye on the southeastern part of the state. She says 62 dams across the state are being monitored and 13 had already failed.
Donald Trump is a master troller, and so far, it’s worked out for him. But there is a sense that Trump may have reached his ceiling, and—not coincidentally—this seems to have coincided with him running into a couple of candidates who couldn’t be bullied. Remember, there was a time when attacking Trump was not only a fool’s errand, but also an invitation to sink in the polls. Rick Perry and Bobby Jindal—both serious governors—tried, and failed, to put him in his place. Rand Paul was likewise unsuccessful. Trump has now set his sights on Marco Rubio but it does seem to have effected his numbers. Rubio is still polling in the top five of GOP candidates.
A cheetah and a puppy becoming best friends may sound like the plot of a Disney movie — but it is, thankfully, a very real scenario. Kumbali, a cheetah cub, was born at the Metro Richmond Zoo in Virginia to Khari the cheetah. However, keepers soon noticed that Khari was having considerable difficulty producing milk to support all of her cubs. Since Kumbali was the runt of the litter, he was bottle-fed and hand-raised.
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