Consumer Law

California High Court Affirms Take-Away of Pension Benefit

The California Supreme Court said the state did not violate constitutional rights when it repealed public workers’ “air time” benefit, which allowed them to buy retirement credits for years they didn’t work. 

The state legislature took away the benefit in 2012, but public employees challenged the law in Cal Fire Local 2881 v. California Public Employee’s Retirement System. The law did not take away credits from those who already bought them, but stopped future credit purchases.

Read the source article at blogs.findlaw.com

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