Keeping you up-to-date on our work to increase your salary, improve and protect your benefits, and aggressively represent your professional interests in every forum where they are at stake.
CASE BOARD OF DIRECTORS UPDATE
Attorney Consolidation Progress. CalHR provided its required update to CASE last week regarding its work to implement the Attorney Consolidation plan as well as the implementation of the negotiated side letter which will provide Attorney I, DAG I, and related classes differentials addressing their delayed range changes. While no precise time table is yet available for the implementation of the differential, payments will be retroactive to February 1, 2023. CalHR confirmed that it has made progress working with the legislature and the State Controller’s Office to ensure payments are issued when required steps have been completed. CalHR also continues to work on revising exams to meet the June 1, 2023, implementation deadline for the consolidation plan. CASE and CalHR will meet again in mid-April and we will provide further updates as they become available.
IN CASE YOU MISSED IT
News of interest to Unit 2 legal professionals:
- Amazon Fails to Dismiss California Suit Over Inflated Prices – Bloomberg
- ‘Robot lawyer’ DoNotPay is being sued in CA court because it ‘does not have a law degree’ – Business Insider
- Why California’s attorney general could sue Elk Grove over an affordable housing project – ABC 10
“Small” Losses from Shuttered Banks. CalPERS has $67 million of exposure to the failed Silicon Valley Bank and $11 million exposure to Signature bank, CIO Nicole Musicco, said at a board meeting last week. However, the fund has $457.4 billion in assets, which prompted Musicco to note, “but in the grand scheme of things, (it’s) a small percentage of our overall portfolio.” You can read more in this report by finance industry publication Pensions & Investments.
Southern California Friends – Are You Headed to the DWC Conference? The 30th Annual California DWC Workers’ Compensation Educational Conference is back in person this year and CASE will be there, in both northern and southern California. If you’re attending, we want to meet you! Stop by the CASE booth, meet CASE Directors and staff, and grab some members-only CASE swag. Find us at the Los Angeles Airport Marriott March 23-24.