Specializing in CalPERS, ’37 Act and Other Retirement Plans
Employee Benefits Law Group helps sponsors of dozens of State and locally sponsored retirement and welfare benefit systems understand the complexities of their plans. We help take the confusion out of the plans’ intricate administrative structures, and help the employer to ensure that their plans are compliant with all applicable regulations.
We fully understand CalPERS and ’37 Act plans, and can deliver you the most effective plan possible.
Many California local governments and public agencies participating in either CalPERS or one of dozens of county-based retirement systems that must follow the ’37 Act don’t fully understand how the Act works, and they don’t know where to turn for answers. We can help. These systems are statutory, but have very elaborate and complex administrative structures. As benefits law specialists, we have the experience to tackle the issues you face. Among many other services, we’ve helped clients determine:
- If their agency leaves the system and what will it cost if they do.
- If they are in compliance with the system’s rules and how to fix compliance issues.
- If the plan is up to speed on new rules and requirements regarding rehired annuitants, and what constitutes “retirement.”
- How to calculate plan liability and how various costing factors will affect future contributions.
- The impact of the Public Employees’ Pension Reform Act of 2013.
- If they can negotiate different cost-sharing arrangements with employees to lower costs.
These are challenging issues that even a public agency’s general legal counsel or outside labor/employment counsel might not be comfortable addressing. We’ll help you through the regulatory maze and deliver the best retirement results for your agency and your employees.
We specialize in a variety of plans, including:
- Other State systems.
- Local retirement programs maintained under California law, including the County Employees Retirement Law of 1937 (’37 Act).