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Ruling on pension bonuses shows obstacles to CA reform
Sunday, May 3, 2015 8:34
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It’s Your Backyard Ventura County By Chris Reed . Providing bonus checks to government retirees when pension funds have good years has long been common and controversial around California. Now an appellate court has ruled this policy is a vested benefit that can’t be ended by formal action of government officials or as part of a voter-approved pension reform measure. It’s […]
Tags: Cal Watchdog, California, CalPensions, CalPERS, CalSTERS, CalWatchdog, Chris Reed, Pensions, Proposition C, Retirees
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