We are excited to continue our video series – Tips from the Table. In these videos, members of LCW’s Labor Relations and Collective Bargaining practice group will provide various tips that can be implemented at your bargaining tables. We hope that you will find these clips informative and helpful in your negotiations.
SB 278
Gov. Newsom Signs Senate Bill 278, Which Greatly Increases Public Employer Exposure to Damages for CalPERS Compensation Reporting Errors
By Steven M. Berliner & Michael Youril on
Posted in Pension, Retirement
Background
On September 27, 2021, Governor Newsom signed Senate Bill (SB) 278, which adds Government Code section 20164.5 and will go into effect on January 1, 2022. SB 278 greatly increases the potential costs to CalPERS agencies for reporting errors, by creating new and in some cases retroactive financial exposure for CalPERS agencies already…
SB 278 May Shift Liability for Compensation that is Misreported to CalPERS Directly to Local Public Agencies Resulting in Significant Unanticipated Liability
By Nathan T. Jackson & Michael Youril on
Posted in Pension, Retirement
The problems facing public agencies, many of which are struggling just to keep their heads above water, may get much worse in the near future. The California Legislature is currently debating Senate Bill (SB) 278 (Leyva), which if passed would create new and in some cases retroactive financial burdens and uncertainties for local public agencies…