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
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
California’s gap between promised employee benefits and available cash is wide and ever expanding.
Ballooning pension costs and rising deficits are often in the spotlight. But commitments that California’s governing bodies...more