Monday, February 10, 2020

My home county here in Fresno pulled the same stunt

Lawsuit targeting Sonoma County pension hikes seeks hearing from California Supreme Court
A retired Santa Rosa attorney is pressing the California Supreme Court to take up his lawsuit seeking to invalidate the enhanced pension benefits granted to Sonoma County government employees in the early 2000s.
The suit filed by George Luke in Sonoma County in 2017 has twice been rejected by lower courts. It echoes claims put forward more than eight years ago by a group of local public pension system critics who alleged the county did not meet all of its legal obligations in approving the richer retirement benefits nearly two decades ago.

The supervisors ignored the law, too out a 1 billion doll loan and stuffed their pensions.
We seeing the beginning of a long road forward on the tax battles. Across the nation unions will be pulling any trick they can to extract from the tx payers.  Meanwhile the Fed is trying to drive the seigniorage tax up, with little success.

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