Tag "California rule"
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Court ruling praised by both sides of pension debate
For the second time in two years, the California Supreme Court has released a ruling on a large state issue that analysts say creates new uncertainty going forward. Last week, the court issued its long-awaited decision in a court case
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Gov. Newsom’s budget shows pension fixes failed
Gov. Gavin Newsom’s proposal to use some of the state’s budget surplus to pay down unfunded liabilities in the state’s two giant government employee pension funds drew praise from an unexpected source – the Howard Jarvis Taxpayers Association, which otherwise had
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California high court sets stage for major pension ruling
SACRAMENTO – The battle over reforming California’s underfunded system of pension benefits does not involve any particular legislative proposal or initiative idea at this time but is centered on a coming state Supreme Court battle over an arcane legal concept.
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Judge confirms the ‘California rule’: Pensions can only go up
A state judge on Monday did a split-the-baby routine with San Jose’s voter-approved pension-reform law: “SAN JOSE — In a landmark ruling that could help shape city budgets around the state, a judge invalidated key parts of San Jose’s voter-approved
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