How Calif. Public Agencies Can Reform Pension Benefits
Law360 (November 5, 2019, 2:04 PM EST) -- In 2011, in a report that led to the enactment of the California Public Employees' Pension Reform Act, or PEPRA, the Little Hoover Commission — an independent oversight agency in California — gave a dire warning:
California’s pension plans are dangerously underfunded, the result of overly generous benefit promises, wishful thinking and an unwillingness to plan prudently. Unless aggressive reforms are implemented now, the problem will get far worse, forcing counties and cities to severely reduce services and lay off employees to meet pension obligations. This warning came after the 2007 Great Recession reduced the value of the California Public Employees' Retirement System...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!