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California Court Upholds 2013 Law That Cut Buying Pension Credits
San Francisco Chronicle Link to more items from this source
Jan. 3, 2017

"The lawmakers' action in eliminating the right of public employees to buy additional retirement credits was 'wholly reasonable' and did not violate any binding promises made to the employees, the [court said] ... A lawyer for a firefighters union that challenged the law said it would probably seek review by the state Supreme Court, which has already agreed to consider another case cutting back on public pensions.... [The] case affects a pension system for 1.6 million state and local employees, although the ruling deals only with those who were employed when the law took effect in 2013[.]" [Cal Fire Local 2881 v. California Public Employees' Retirement System, No. A142793 (Cal. Ct. App. Dec. 30, 2016)]

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