Posts Tagged: pars

News

New law blocks supplemental public pensions

A little-known private firm that has sold customized supplemental pensions to dozens of California cities, including bankrupt Stockton and San Bernardino, is prohibited from selling more by a pension reform bill that took effect this year.

 

Public Agency Retirement Services or PARS, sounding close to the “PERS” in CalPERS, can continue to offer other

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