San Francisco
415-362-0449
Modesto
209-521-8100

Stockton to Pay $5.1 Million to Settle Health Benefit Claims

In the chapter 9 bankruptcy of Stockton, California, the city will pay $5.1 million in a settlement with retired employees on account of lost health benefits.  The settlement is part of the city's reprganization plan.  The settlement tepresents 2% of the value of the lost benefits, but it preserves their pensions.  The retirees will have the opportunity to vote on the plan.  

San Francisco
221 Sansome Street, Third Floor
San Francisco, CA 94104

Phone: 415-362-0449
Fax: 415-394-5544
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Modesto
914 Thirteenth Street
Modesto, CA 95354

Phone: 209-521-8100
Fax: 209-236-0172
Map & Directions