California Rule – California Globe

California Supreme Court Finally Rules on Case Affecting Pensions

July 30, 2020 3:32 pmJuly 31, 2020 9:20 am

On Thursday the California Supreme Court issued its ruling in the case Alameda County Deputy Sheriff’s Association vs Alameda County Employees’ Retirement Association. In plain English, this was a case where attorneys representing government unions were challenging pension reforms enacted by...

Pension Reform Waits for California Supreme Court

November 27, 2019 11:44 amNovember 27, 2019 11:44 am

“When local government has reached the point where it’s spending nearly as much on pensions as it spends on base salaries, you still can’t do much.” With markets fitfully advancing after a nearly two year pause, the need for pension reform...

California Supreme Court Cuts Pension ‘Air Time,’ but Preserves ‘California Rule’

March 4, 2019 12:57 pmMarch 5, 2019 3:34 pm

The California Supreme Court announced its long-awaited decision on pension spiking and the purchase of “air time” credits Monday. In an unanimous ruling, the court found that state government may legally rescind the purchase of “air time” credits, a practice where...