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CalPERS Statement on San Bernardino Bankruptcy Ruling
CalPERS Link to more items from this source
[Opinion]
Aug. 28, 2013
"We are disappointed with the Judge's tentative ruling but CalPERS will continue to participate in the bankruptcy process in good faith. CalPERS will also continue to work with the City of San Bernardino so it can hopefully resolve its financial problems and also deliver promised benefits to their City employees and retirees. However, CalPERS must and will continue to aggressively pursue all past due contributions, resulting interest and penalties owed by the City."

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