Featured Jobs
|
DWC - The 401(k) Experts
|
|
BPAS
|
|
Plan Administrator, Defined Benefit & Cash Balance The Pension Source
|
|
Defined Benefit Plan Consultant/Actuarial Analyst Sentinel Group
|
|
Regional Vice President, Sales MAP Retirement
|
|
Strategic Retirement Plan Consultant Retirement Plan Consultants
|
|
Retirement Relationship Manager MAP Retirement
|
|
MAP Retirement
|
|
MAP Retirement
|
|
Sentinel Group
|
|
Pattison Pension
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
In a First, CalPERS May Cut Small Town's Pensions
Calpensions 
Sept. 26, 2016
"A CalPERS crackdown on employers that have not been paying into the pension fund could cut the pensions of all four retirees of a small Sierra County city, Loyalton, which stopped making its payments more than three years ago. It would be the first time that CalPERS used its power to cut pensions, in proportion to the payment not made by the employer, after a plan is terminated and closed to new members, a CalPERS spokesman said."
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |