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California Municipal Law Blog
category:
Retirement

Court Holds New Pension Formulas Do Not Constitutionally Impair Existing MOUs

by on January 24, 2015

posted in Employee Benefits, Recent Court Decisions, Retirement,

The California Court of Appeal, Fourth District, recently held, in Deputy Sheriffs’ Association of San Diego County v. County of San Diego, that the implementation of new defined benefit formula provisions for “new members” does not impermissibly impair agreements with employee groups where the pre-existing agreements contain conflicting terms.  ... Continue Reading

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tags: CalPERS, MOUs, PEPRA, retirement benefits,