County Imposes New Pension Formula on Members of Largest Union

RIVERSIDE - Members of Riverside County's largest union will be required to make their own pension contributions, and new hires will have less generous retirement plans, under contract terms imposed by the Board of Supervisors today.

The Laborers International Union of North America opposed the county's proposal to alter the collective bargaining unit's defined-benefit plans, and after seven months of stonewalling negotiations, union officials were informed that, effective Friday, members will be picking up more of their own retirement expenses, according to Ray Smith of the county Executive O...