US - The California Public Employees' Retirement System (CalPERS) has refused to pay pensions based on recent compensation set for a number of City of Bell employees.
CalPERS said the decision, which affects the City's former chief administrative officer, assistant chief administrative officer and chief of police, was based on an audit it had carried out which c...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
