Calif. CUs Prepare To Help State Workers
Once again California's credit unions are preparing to help state employees who will go without a paycheck until the delayed state budget is passed. The California league noted that those who will miss paychecks, however, is smaller than in previous years, since a series of laws and court decisions will ensure that most state employees will continue to be paid. Legislative staff and gubernatorial appointees-who usually are paid on the 15th and last days of every month-and legislators who are paid at the end of each month, will not receive paychecks until the Legislature approves the $103-billion state budget, and it is signed by Gov. Arnold Schwarzenegger. Among those with programs in place to help: The Golden 1 CU, Arrowhead CU, and SAFE Credit Union.