Calif. Appeals Court Tosses Judges' $100M Pension Suit

By David McAfee (May 20, 2014, 9:41 PM EDT) -- A California appeals court on Monday threw out an appeal brought by dozens of retired judges who sought more than $100 million in alleged underpaid benefits and interest from California's Judges' Retirement System, saying the trial court didn't misapply the case law at issue.

In 2012, the retired judges and their beneficiaries filed suit accusing the JRS, which is administered by the California Public Employees' Retirement System and was established in 1937, of repeatedly delaying the administering of owed benefits with the hopes that the judges would die before they could collect. But last year, the San Diego Superior Court found...

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