Pension Reform Litigation & Legislation Roundup

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New developments include a key ruling in cases challenging California's pension anti-"spiking" law (AB 197); the passage of a San Francisco measure aimed at reforming that jurisdiction's retiree health care trust fund plan; and arguments before the U.S. Court of Appeals for the Ninth Circuit in a closely watched matter that will provide important federal precedent regarding how the legal standard for vested rights should be applied in practice. Read our full analysis.

 

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