California Supreme Court Curbs Pension Benefit But Preserves ‘California Rule’
March 04– Mar. 4– SAN FRANCISCO– The California Supreme Court made it clear Monday that state and local governments may reduce pension costs by repealing certain benefits without running afoul of constitutional protections for public pensions. In a unanimous decision written by Chief Justice Tani-Cantil Sakauye, the court upheld California’s 2012 repeal…
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