Newsmakers
California Supreme Court Hears Pension Reduction Case
But the court might rule on a narrower issue, continuing the controversy over whether the benefits promised employees are fixed for life.
Tag: California
Regulation
Calif. High Court Rules San Diego Pension Cuts on Ballot Illegally
Decision could cost the city millions in creating retroactive pensions.
Regulation
California Bill Would Allow State Workers to Opt Out of CalPERS
Proposed legislation would create an optional defined contribution plan.
Newsmakers
Calif. High Court to Hear Appeal Against San Diego Pension Cuts
City could be forced to create pensions for 3,000 workers if overturned.
Santa Monica Agrees to Fund CalPERS $45 Million
City council significantly boosts annual payment from $1.3 million to pay down unfunded liability.