http://sierravoices.com/2009/12/lssi-budget-details-revealed/ Just another WordPress weblog Thu, 10 May 2012 12:40:42 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://sierravoices.com/2009/12/lssi-budget-details-revealed/comment-page-1/#comment-294 marianna greenberg Sat, 12 Dec 2009 05:04:05 +0000 http://sierravoices.com/?p=1735#comment-294 CalPERS (California Public Employees' Retirement System) would be gone with LSSI. I do not know what the county costs for CalPERS are, and what numbers represent these costs in the budget, but when I talked to Frank Pezzanite, CEO of LSSI, about this pension loss to our library staff, he countered with: At least they still have a job in this economy. And he did mention that they replace this with a 401K, and contribute 10%. I talked to a woman on the library staff of an LSSI run library (not the one you mention above) who worked at the library before and after LSSI took over, and she said she lost her pension plan. And she talked about other losses, not only financial ones. This is to the best of my knowledge and recollection. Perhaps someone from the library staff, present or retired could make a comment and clarify further. But since library staff will no longer be county employees, but LSSI employees, I would imagine LSSI is able to run our library with regards to staff any way they please. It is amazing that the county will place conditions on LSSI, but none regarding the staff. CalPERS (California Public Employees’ Retirement System) would be gone with LSSI. I do not know what the county costs for CalPERS are, and what numbers represent these costs in the budget, but when I talked to Frank Pezzanite, CEO of LSSI, about this pension loss to our library staff, he countered with: At least they still have a job in this economy. And he did mention that they replace this with a 401K, and contribute 10%.
I talked to a woman on the library staff of an LSSI run library (not the one you mention above) who worked at the library before and after LSSI took over, and she said she lost her pension plan. And she talked about other losses, not only financial ones.
This is to the best of my knowledge and recollection. Perhaps someone from the library staff, present or retired could make a comment and clarify further.
But since library staff will no longer be county employees, but LSSI employees, I would imagine LSSI is able to run our library with regards to staff any way they please. It is amazing that the county will place conditions on LSSI, but none regarding the staff.

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