Heads Up!! SB 278: Increased Employer Liability for CalPERS Reporting Errors
- Gretchen Dugan
On September 27, 2021, Governor Newsom signed SB 278, which adds Government Code section 20164.5 to the statutes. SB 278 requires public employers to reimburse CalPERS and pay substantial penalties when CalPERS deems part of a pension benefit to be unlawful after a member has retired, even if CalPERS had previously approved of the benefit during an audit or MOU...