Injured CalPERS Members Say They’re Stiffed On Benefits

Law360, New York (March 13, 2012, 5:10 PM EDT) -- The California Public Employees’ Retirement System was hit Monday with a class action by state employees injured performing hazardous jobs who claim the retirement system has improperly denied them benefits in addition to their disability retirement payments.

In a complaint filed in California state court, the plaintiffs — police officers, correctional officers, firefighters and other CalPERS members who worked in high-risk jobs — claim they purchased credits for additional retirement benefits on top of the Industrial Disability Retirement benefits that they were entitled to, but that...
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