Vol. 34 No. 8 CALIFORNIA SUPREME COURT HOLDS THAT OPPORTUNITY TO PURCHASE AIRTIME CREDIT WAS NOT A RIGHT PROTECTED BY THE CONTRACT CLAUSE AND THEREFORE COULD BE ELIMINATED BY THE LEGISLATURE

On March 4, 2019, the California Supreme Court, in Cal Fire Local 2881 v. California Public Employees’ Retirement System,[1] affirmed the lower courts’ determinations that the opportunity to purchase additional retirement service (ARS) credit, also known as “air time” credit, was not a benefit of employment protected by the constitutional contract clause. Therefore, the Court […]