Monday, March 4, 2019

California public employees’ pension perks can be taken away, court rules



...The case turned on a challenge to former Gov. Jerry Brown’s 2012 pension law. The law, passed in the Great Recession amid concern about mounting pension debts, required public employees hired after Jan. 1, 2013 to kick in more money to fund their pensions. It also capped the amount of money they could earn in retirement....