Better pensions for California transit workers? Biden administration targets state law

2021-11-15T12:33:54-08:00November 15th, 2021|Categories: Defined Benefit Plans|Tags: , |

By Wes Venteicher Source: The Sacramento Bee Public transit workers in California briefly benefited when the U.S. Labor Department challenged former Gov. Jerry Brown’s pension reform law eight years ago. They got to keep more generous retirement benefits for two years longer than other California public employees after the Obama administration’s Labor Department found Brown’s 2013 pension law ran afoul of federal protections. Read the full article