Were Pensions Benefits Retroactively Enhanced Without Notifying the Public?

By Edward Ring
In 1999, at the height of the stock market runup fueled by the internet bubble, California’s state legislature passed SB 400, which increased pension benefits for officers with the California Highway Patrol. Over the next several years, pension benefits were similarly increased for government employees working in nearly every one of California’s cities, counties, state agencies,...

TAGS: "California Rule", pensions, PEPRA, Section 7507, Sonoma County

A New Approach to Pension Reform Goes to Appellate Court

By Edward Ring
The recent ruling by the California Supreme Court in the case CalFire vs CalPERS has garnered much attention from pension reformers. While falling short of being a landmark ruling, the result was nonetheless encouraging. The court left open the possibility that vesting does not protect prospective benefits of current employees. The implications of that are left to related, still...

TAGS: California Supreme Court, Edward Ring, pensions, Section 7507

Sonoma and Marin county officials voted to hike their own retirement pay

By California Policy Center
For Immediate Release April 29, 2016 California Policy Center Contact: Will Swaim Will@CalPolicyCenter.org (714) 573-2231   Retroactive pension bump likely violated multiple state transparency and accounting laws Sacramento — County supervisors members and other senior county officials in Marin and Sonoma may have violated state law when voting for massive retroactive pension increases for themselves and...

TAGS: pension, Section 7507