SB 278 Imposes Increased Statutory Liability for CalPERS Reporting Errors -
SB 278 was signed into law on Sept. 27, adding Government Code section 20164.5. Section 20164.5 imposes new liability on employers when CalPERS...more
Modifications Are Permissible Under the California Rule -
In a unanimous decision, the California Supreme Court held that changes made to the County Employees’ Retirement Law, known as CERL, by pension reform measures...more
The CalPERS Board of Administration will not consider whether to establish the Tracy Fuller decision as a CalPERS precedent, we have confirmed. While the decision to not pursue Fuller as a precedential decision is welcome...more
6/6/2019
/ CalPERS ,
Employee Benefits ,
Gig Economy ,
Hiring & Firing ,
Independent Contractors ,
Pensions ,
Public Employees ,
Public Pension ,
Retirement Plan ,
State and Local Government ,
Third-Party
As expected, the California Supreme Court affirmed the appellate court’s holding in Cal Fire Local 2881 v. California Public Employees’ Retirement System et al., concluding that the plaintiffs did not have a vested right to...more
3/8/2019
/ CA Supreme Court ,
CalPERS ,
Compensation & Benefits ,
Employee Benefits ,
Employer Liability Issues ,
Pensions ,
Public Employees ,
Public Pension ,
Retirement Plan ,
Service Credits ,
State and Local Government ,
Vested Rights Doctrine
Gov. Jerry Brown vetoed legislation that would have imposed significant liability on CalPERS employers for errors in their CalPERS reporting which result in post-retirement pension reductions....more
10/3/2018
/ Beneficiaries ,
CalPERS ,
Compensation & Benefits ,
Employee Benefits ,
Governor Brown ,
Governor Vetoes ,
Legislative Agendas ,
Overpayment ,
Pensions ,
Public Employees ,
Public Pension ,
Reporting Requirements ,
Retirement Plan ,
State and Local Government
It’s a big litigation year for California pensions.
The California Supreme Court ruled last month that San Diego’s landmark pension cutback legislation, Proposition B, was illegally placed on the 2012 ballot because city...more
8/17/2018
/ 401k ,
Appeals ,
CA Supreme Court ,
CalPERS ,
Compensation & Benefits ,
Employee Benefits ,
Pensions ,
Public Employees ,
Public Employees’ Pension Reform Act of 2013 (PEPRA) ,
Public Pension ,
Retirement Plan ,
State and Local Government ,
Vested Rights Doctrine
To ensure adequate staffing levels while responding to recent natural disasters in California, the California Public Employees’ Retirement System has modified the 960-hour limitation related to retired annuitants employed in...more
2/22/2018
/ CalPERS ,
Emergency Response ,
Employee Benefits ,
Executive Orders ,
Natural Disasters ,
Pensions ,
Public Agencies ,
Public Employees ,
Public Pension ,
Retirement Plan ,
Wage and Hour
Two new California laws could result in costly fines to public agency employers who fail to adhere to the specified requirements. Assembly Bills 1487 and 1309 both went into effect Jan. 1....more
Following a CalPERS audit of the Town of Truckee, Calif. about three years ago, CalPERS determined that merit pay was not PERSable because it was only offered to employees who had reached the maximum on their salary ranges....more
Best Best & Krieger LLP Partner Isabel Safie recently represented two special district clients in mitigating potential negative impacts related to CalPERS findings....more
An article published in Thursday’s edition of The Bond Buyer highlights a rising concern of counties, cities and special districts that provide retirement benefits to their employees through the CalPERS pension plan: That,...more
The IRS’ proposed rules to determine governmental plan status are impacting public agencies looking to join a CalPERS benefit plan....more
Long-Awaited Guidance Details Requirements for Employing CalPERS Retirees -
The rules on employing retirees of the California Public Employees’ Retirement System (CalPERS) have been subject to numerous changes in the...more
This past Friday, the California Public Employees’ Retirement System (CalPERS) released Circular Letter 200-019-13 which estimates the increase to employer contribution rates for fiscal years 2015/2016 – 2019/2020 based on...more
On Wednesday, the Board of Administration of the California Public Employees' Retirement System (CalPERS) approved new actuarial policies that will have a significant impact on participating employers. The policies are...more