More about water district pensions



The union agreement had only one change to the existing benefits package of the employees of the Las Virgenes Municipal Water District and it was a benefit for the the district or rate payers, so your headline last week was at best misleading.

The change was that the employees agreed to equally share any increase of the Public Employees Retirement System with the district over the next five years. This will come directly from their take home pay. In the past the district has had the full bur...

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