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Perspective

Jul. 19, 2016

Ruling is an important lesson for CalPERS employers

A Court of Appeal decision is a reminder to ensure that all employee base salaries are reported on a "publicly available pay schedule." By Anne Hydorn and Madeline Chun

By Anne Hydorn and Madeline Chun

How can CalPERS employers help ensure that their employees receive their expected pension benefits from CalPERS? On June 29, the California Court of Appeal affirmed in Tanner v. California Public Employees' Retirement System that only base salaries that are reported on a "publicly available pay schedule" are reportable compensation for purposes of calculating a retiree's pension benefits. 2016 DJDAR 65...

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