The State Worker

Chronicling civil-service life for California state workers

October 25, 2012
Read CalPERS' objection to San Bernardino's bankruptcy

Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for 100607 CALPERS HQ.JPGAs reported this morning by The Bee's ace business reporter, Dale Kasler, CalPERS has filed its opening rebuttal to the City of San Bernardino's municipal bankruptcy. CalPERS is the city's largest creditor with about $5.2 million in unpaid pension contributions on its books so far.

The case is significant to all government employees because it pits federal bankruptcy law's power to break contractual obligations against laws that establish the sanctity of public pension obligations.

Read Dale's report and then check out the CalPERS filing:

CalPERS objection to the San Bernardino Chapter 9 bankruptcy

IMAGE: CalPERS headquarters in Sacramento / 2008 Sacramento Bee file

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About The State Worker

Jon Ortiz The Author

Jon Ortiz launched The State Worker blog and a companion column in 2008 to cover state government from the perspective of California government employees. Every day he filters the news through a single question: "What does this mean for state workers?" Join Ortiz for updates and debate on state pay, benefits, pensions, contracts and jobs. Contact him at (916) 321-1043 and at jortiz@sacbee.com.

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