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Employee Benefits

Jul. 15, 2003

Counties Lose Suit Over Pension Payments

SAN FRANCISCO - Five California counties owe their retirees hundreds of millions of dollars in additional pension benefits, a state appeals court has ruled.

By Tyler Cunningham
Daily Journal Staff Writer
        SAN FRANCISCO - Five California counties owe their retirees hundreds of millions of dollars in additional pension benefits, a state appeals court has ruled.
        The appeals court held that a 1997 state Supreme Court decision defining the term "compens...

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