Wildfire victim advice: Talk to attorneys
PGE settlement is worth $13.5 billion from multiple fires from 2015-2018
When the Pacific Gas and Electric Company emerges from Chapter 11 bankruptcy, the utility company will immediately begin meeting its recently agreed upon settlement worth $13.5 billion with wildfire victims.
The company released details late last Friday.
Local Assemblyman James Gallagher said while there are still a lot of details to be worked out as part of the deal, Cascade
Fire victims and others that were part of the settlement should reach out to their respective attorneys to start the process.
“The devil is in the details and they aren’t fully fleshed out yet, so that’s why every victim should be talking with their at
to and to ask for certain things to potentially help us,” Shaw said.
Forming a coalition with other cities, Shaw said, means they could ask PERS for help with things like management fees cities must pay PERS or petitioning the PERS board about industries which produce a higher return on investment.
“The whole idea is this isn’t a fight we want to take on ourselves,” Shaw said.
Yuba City resident Phil
Treanor has been outspoken about the issue of unfunded liability for years, and has attended all of the meetings thus far. Treanor said he is impressed that the current council has wanted to take up this issue, and said cities would be stronger if they collaborated on the PERS issue.
“The only prerogative that these cities and counties have right now is to join hands together,” Treanor said.
Shaw said the plan for
the final meeting is to finalize the PERS discussion which will then be presented to the Yuba City Council after the first of the year. Once the council approves the idea of forming a coalition with other municipalities, Shaw said the outreach process will begin.
“We don’t want it to just stop with these meetings. Our next stop is the council,” Shaw said.
The final meeting in the PERS series will be 6 p.m. Thursday, Dec. 19, at the City Council chambers at City Hall, 1201 Civic Center Blvd., Yuba City.