new California ruling cracking down on pension ‘spiking’ as retired workers seek relief

Three years ago, the California Supreme Court issued a decision that was supposed to settle the matter regarding former Gov. Jerry Brown’s pension limit law. However, the courts are still grappling with the implications of this decision, and their rulings could have significant financial ramifications for government retirees. These decisions have the potential to result in an increase of thousands of dollars per year in pension benefits for retirees.

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