The Burning Snag
A Newsletter for
Retired CDF employees
Sep 10th NOTE CHANGE
San Bernardino Luncheon
At Law’s Coffee Shop
38392 Oak Glen Rd, Oak Glen
San Diego Luncheon
At Boll Weevil
2548 Main Street, Ramona
At 12 noon
At Brandon’s Diner
24626 Sunnymead Blvd, Moreno Valley
Sickness and Deaths
Those who Passed
6-21 Patterson, Betty BTU
7-2 Vogt, Eric RRU
7-15 Tibbs, Noble SHU
7-20 Ellenberger, Richard SLU
7-26 Hafen, David MVU
8-13 Herold, Bruce BDU
8-13 Philips, Dale SAC
8-23 Gonzales, David LNU
Those who are Ill
Buffy Banks, She has Adeno Carcinoma of the liver and will be receiving treatment soon.
Articles for the Newsletter
Long-Term Sustainability Is Our Principal Focus
By Anne Stausboll, CalPERS CEO
Defined benefit plans are the cornerstone of retirement security. For employees, they’re a solid path to a predictable income and peace of mind in retirement. For employers, they’re an important and cost-effective tool for recruitment and retention.
They are also a financial engine that generates more than $30 billion dollars in economic activity across the state every year stimulating business growth, tax receipts, and jobs for our communities.
This is why our principal focus is to ensure the long-term sustainability of the CalPERS fund. Although the economy has stabilized and the financial markets have rebounded, it’s still fragile. Over the last few years, we have taken many steps to reposition our investment portfolio and strengthen our infrastructure, risk management, and controls. Our funded level, the ratio of assets to accrued liabilities, has increased as well. From a low of around 60 percent during the financial crisis it is now estimated to be around 77 percent.
Excepts taken from the CalPERS Perspective Spring 2015
If you haven’t been to the museum new website you should go CalFIREMuseum.com or cdfmuseum.org either one will get you there. One of the new features Firefighter Registry that’s where you can input your experiences with CDF
Another feature is where you can submit stories about your experience with CDF.
We also have the Gift Shop listed
We are authorized to have payroll deduction for both retirees & active employees, it’s the easy way to donate if you wish.
The forms are available online or you can e-mail me and I send one to you.
The museum will be open every Saturday except holiday weekends 10am till 2 pm, or call for appointment.
Web site www.CalFIREMuseum.com
(909) 881-6984 has a recorder
Preserving the history of the CDF