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Author Topic: Pensions for city workers can't be cut, but pay can, judge rules in major San Jo  (Read 264 times)
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apples
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« on: December 25, 2013, 10:07:18 AM »

Pensions for city workers can't be cut, but pay can, judge rules in major San Jose case

http://www.mercurynews.com/pensions/ci_24782960/pensions-city-workers-cant-be-cut-but-pay

Quote
SAN JOSE -- In a landmark ruling that could help shape city budgets around the state, a judge invalidated key parts of San Jose's voter-approved pension cuts but upheld other elements that could still save huge taxpayer costs.

Santa Clara County Superior Court Judge Patricia Lucas' tentative decision released Monday prohibits the city from forcing current employees to contribute significantly more toward their pensions, as called for in last year's Measure B. But the ruling allows the city to cut employees' salaries to offset its increasing pension costs.

That left each side claiming victory, even as both expected to appeal.
 (Mercury News)

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