The Yorba Linda Water District’s Board of Directors voted unanimously on Thursday, January 26 to adopt two new resolutions that will trim the District’s pension packages offered to new hires. As a result, new employees will be enrolled in a Public Employee Retirement System (PERS) package based on the 2% at 60 formula as opposed to 2% at 55. In addition, new hires will have a 7% contribution to PERS come out of their paychecks. Current District Employees have their monthly PERS benefit paid by the District.
While the reforms will not make an immediate impact on the District’s Finances, the cuts will be a significant help to YLWD’s bottom line in future years. This comes on the heels of the District’s Board opting to try a six month pilot program of closing the administrative offices on Fridays, a move that could save thousands of dollars each year.
In an effort to “tighten our belts” and explore initiatives to reduce operating costs further, the YLWD Board of Directors has voted to close doors on Fridays while extending our hours of operation on Monday through Thursday. The new schedule will go into effect on January 1, 2012.
District staff will maintain an on-call presence 24 hours a day, seven days a week, 365 days a year, to handle any sudden or unexpected issues or emergencies that may occur.
Starting January 1, 2012, the District offices will open its doors Monday – Thursday from 7:00 a.m. until 6:00 p.m. – an additional half hour at the beginning and end of the work day, making it easier for customers to drop in, call the District with questions or to handle billing concerns. For more information please click here.