FRESNO, Calif. (KMJ) — Among Californians between the ages of 25 and 64, about half have no dedicated retirement savings, according to a new report by UC Berkeley’s Center for Labor Research and Education. Researchers believe that in most cases it’s not a lack of discipline, but a lack of access to traditional retirement plans, such…… MORE
FRESNO, Calif. (KMJ) — The California State Teachers’ Retirement System has reported a 6.8 percent return on investments for 2018. The pension fund, which covers more than 600,000 educators, is valued at a record high figure of $236.9 billion. However, its yearly ROI goal is 7 percent. CalSTRS says it has only 64…… MORE
FRESNO, Calif. (KMJ) — While formal education doesn’t inherently yield intelligence, a degree may help optimize natural intellect. A new WalletHub analysis looks at degree attainment, as a measurement of the smartest and dumbest cities, along with university quality, the racial education gap, and the gender education gap. The valley doesn’t score particularly well, with Fresno…… MORE
FRESNO, Calif. (KMJ) — Delaware North, the federal government, and Aramark have settled a lawsuit filed by Delaware North, over its former concession contract at Yosemite National Park. The company had trademarked the names of several locations without the National Park Service’s knowledge. When they lost the concession contract to Aramark in 2016, Delaware…… MORE
FRESNO, Calif. (KMJ) — The California Labor, Public Employment, and Retirement Committee approved Assembly Bill 5 on Wednesday. The controversial measure calls for reclassifying thousands of independent contractors as employees. Outside the California State Capitol, a rally was held, in which Assembly Speaker Anthony Rendon claimed that independent contracting amounts to “corporations trying to oppress workers.”…… MORE
FRESNO, Calif. (KMJ) — Law enforcement agencies in the Golden State have reported 628 cases for last year of deadly force or serious bodily injury. New figures from California Department of Justice show a decline of 20 percent, in just 2 years. The drop comes as the Democratic legislative majority has sought to increasingly restrict the…… MORE
FRESNO, Calif. (KMJ) — The vaccination rate among California kindergarten students is down again, as more parents have sought medical exemptions for their children. New figures from the Department of Public Health show that more than 4,800 kindergartners had a medical exemption last school year; it marks a 70 percent increase in the 2 years since…… MORE
FRESNO, Calif. (KMJ) — Starting July 1, Californians seeking to buy ammunition in the state will have to undergo a background check, as part a gun control measure approved back in 2016. However, confusion remains over what kind of documentation will be required. At a news conference on Tuesday, Gov. Gavin Newsom incorrectly stated that, “if…… MORE
FRESNO, Calif. (KMJ) — Gov. Gavin Newsom proposed a $24 billion package Friday, in an effort to cover the costs of future wildfires in California. Newsom’s plan includes the creation of a $21 billion fund, as well as a requirement that PG&E, So Cal Edison, and San Diego Gas and Electric pay $3 billion into an…… MORE
FRESNO, Calif. (KMJ) — The California Legislature has approved Assembly Bill 91, which calls for more than doubling the state’s Earned Income Tax Credit program. The measure, which supporters believe will help the working poor, will expand the program to $1 billion. It’s part of Gov. Gavin Newsom’s latest budget, which revokes the ability of Californians…… MORE
