Members Only Sign in / Register

Tag: California Supreme Court

Courts of Appeal Ruling on Pensions

In the recent Marin and CalFire cases, the appellate court held that there is a vested right only to a “reasonable” pension and that no new comparable benefit must be granted in order for the legislature to reduce benefit calculations. Not only do these rulings undo the “California Rule” that protects our pensions, but they are also vague and leave pensions too easily reduced. Both the Marin and CalFire cases have been appealed and accepted by the California Supreme Court to be ruled on at a later date.

Read More