One of the sad things about the Bell scandal is the obligation of the City of Simi Valley to contribute to the pension fund as a result of former Chief of Police Randy Adams’ inflated salary. Paul Miller indicated a couple of weeks ago that he would work to find any angle to relieve the city of that burden. Fortunately, the City of Simi Valley is receiving help from its neighbors in similar predicaments.
Assemblyman Mike Gatto held a press conference this morning to propose a new bill that would eliminate this financial burden on the city. This is a partial quote from the article:
Under the current California Public Employees’ Retirement System, Adams’ estimated annual pension of $400,000 would be shared among the four cities where he worked – Ventura, Simi Valley, Glendale and Bell. But because of his longer stays at the first three stops, Bell is only responsible for 3% of his pension benefits, despite the fact that his pension more than doubled because of the single year he worked there.
Under Gatto’s bill, cities like Bell would have to cover the additional retirement benefits spurred by the increase in wages that are 15% higher than the last position. The bill would take effect July 1, 2011.
Glendale City Manager Jim Starbird said the proposed legislation was a fair fix to a problem that now remains out of the hands of former employers.
The City of Simi Valley employs an individual who acts as a Sacramento lobbyist who has been representing the city and pushing hard for this response. It will be interesting to see if this can successfully prevent Simi Valley from incurring additional PERS costs due to the scandal in the City of Bell.
To read the article in full, click here.