California Court of Appeal

In an action arising from the City of San Diego's underfunding of its employment retirement system and a decision by the Board of Directors of the San Diego City Employees' Retirement System (SDCERS) which approved the City's proposal to modify the funding plan to delete the potential of a balloon payment if the underfunded ratio fell to a certain level, in exchange for the City's resolution to indemnify the board members from liability for "any claim or lawsuit" arising from the approval, summary judgment for the plaintiff board members in their declaratory relief action is affirmed, where: 1) the City's resolution requires it to pay the board members' criminal defense costs; and 2) there is no statutory impediment.

Appellate Information

• Decided 12/23/2013
• Published 12/23/2013

Judges

• MCCONNELL

Court

• California Court of Appeal

Counsel