CalPERS Could Sue Over San Bernardino’s Missed Payments
In a U.S. Bankruptcy Court filing submitted on Tuesday, CalPERS threatened to file a lawsuit against San Bernardino for failing to make $6.9 million in payments since July to the pension fund. TheÂ city has halted its payments under a bankruptcy plan designed to close a nearly $46 million deficit.
- "CalPERS Seeks To Sue San Bernardino Over Lagging Pension Payments" (Kasler, Sacramento Bee, 11/29).
- "Pushback: State Pension Giant CalPERS Challenges San Bernardino's Refusal To Pay Into Retirement Plan" (McNary, "Represent!," KPCC, 11/28).