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Chapter 9 Retirees

City and Official Retirees Committee Reach Tentative Agreement

The City of Stockton and the Official Retirees Committee appointed by the United States Trustee have reached a tentative agreement to settle claims of retirees for lost health benefits. The settlement will become part of the City's Chapter 9 Plan of Adjustment, which is expected to be filed in the late summer or fall. All creditors, including retirees, will have an opportunity to vote on the Plan of Adjustment as part of the Chapter 9 process.

The City has agreed to allocate $5.1 million in the Plan of Adjustment to be divided among those retirees who were eligible for lifetime retiree health benefits at the time the City filed for bankruptcy in June 2012. This lump sum will be the sole payment for claims of lost future retiree medical benefits and will be made when the City's Plan of Adjustment goes into effect. The agreement between the City and Retirees does not propose any impairment of other existing retirement benefits.

Retirees are the City's largest group of unsecured creditors, with approximately 2,400 retirees, 1,100 of whom received retiree medical benefits. The retirees were represented in the City's pre-bankruptcy AB 506 process and during the Bankruptcy Court ordered mediation by the Association of Retired Employees of the City of Stockton (ARECOS). The Court determined that the City was eligible for bankruptcy protection on April 1, 2013, and the 13 retirees representing the retirees were immediately appointed by the Office of the United States Trustee to an Official Retirees Committee.

The Official Retirees Committee will continue to speak for all City of Stockton retirees. The Committee will participate in the remaining phases of the bankruptcy process to insure that the terms of the agreement with the City are part of the Plan of Adjustment.

Retirees Adversary Proceedings

August 7, 2012

Document 71 - Notice of Entry of Order/Judgment in an Adversary Proceeding

August 6, 2012

Document 70 - Judge Klein Order Dismissing Adversary Proceeding
Document 69 - Judge Klein Opinion Retiree Adversary Proceeding

July 27, 2012

July 20, 2012

Document 61 - ARECOS (Retirees) City's Response to Plaintiffs' Supplemental Brief in Support of Application for TRO and Preliminary Injunction

July 18, 2012

July 11, 2012

Document 50 - ARECOS (Retirees) City's Response to the Timing of the Hearing

July 10, 2012

Document 49 - ARECOS (Retirees) Request for Judicial Notice in Support of Application for TRO and Preliminary Injunction
Document 48 - Declaration of Teri Williams in Support of Application for TRO
Document 47 - Declaration of Josephine Weber in Support of Application for TRO
Document 46 - Declaration of Douglas Carroll Watkins in Support of Application for TRO
Document 45 - Declaration of Brenda Jo Tubbs in Support of Application for TRO
Document 44 - Declaration of Kathy Tomura in Support of Application for TRO
Document 43 - Declaration of Helen Tellyer in Support of Application for TRO
Document 42 - Declaration of Alice Sterming in Support of Application for TRO
Document 41 - Declaration of Cathy Sloan in Support of Application for TRO
Document 40 - Declaration of Alfred Seibel in Support of Application for TRO
Document 39 - Declaration of Todd Schiess in Support of Application for TRO
Document 38 - Declaration of Jeanette Schenck in Support of Application for TRO
Document 37 - Declaration of Lewis Patrick Samsell in Support of Application for TRO
Document 36 - Declaration of Kenneth Rogers in Support of Application for TRO
Document 35 - Declaration of Stephen Rehberg in Support of Application for TRO
Document 34 - Declaration of Sylvia Ramirez in Support of Application for TRO
Document 33 - Declaration of Rick Ragsdale in Support of Application for TRO
Document 32 - Declaration of Mary Morley in Support of Application for TRO
Document 31 - Declaration of Glenn Matthews in Support of Application for TRO
Document 30 - Declaration of Christine Lumpkin in Support of Application for TRO
Document 29 - Declaration of Vivian Look in Support of Application for TRO
Document 28 - Declaration of Reed Hogan in Support of Application for TRO
Document 27 - Declaration of Pat Hernandez in Support of Application for TRO
Document 26 - Declaration of Kathy Glick in Support of Application for TRO
Document 25 - Declaration of Kelley Garrett in Support of Application for TRO
Document 24 - Declaration of Linda French in Support of Application for TRO
Document 23 - Declaration of Elaine Freitas in Support of Application for TRO
Document 22 - Declaration of Delia Fernandez in Support of Application for TRO
Document 21 - Declaration of Debra Emery in Support of Application for TRO
Document 20 - Declaration of Dulcenia Catlett in Support of Application for TRO
Document 19 - Declaration of Michael Burkhardt in Support of Application for TRO
Document 18 - Declaration of Janet Bricker in Support of Application for TRO
Document 17 - Declaration of George Bist in Support of Application for TRO
Document 16 - Declaration of Kent Autrand in Support of Application for TRO
Document 15 - Exhibit F to Declaration of Duane Neil Milnes
Document 14 - Exhibit E to Declaration of Duane Neil Milnes
Document 13 - Exhibit D to Declaration of Duane Neil Milnes
Document 12 - Exhibit C to Declaration of Duane Neil Milnes
Document 11 - Exhibit B to Declaration of Duane Neil Milnes
Document 10 - Exhibit A to Declaration of Duane Neil Milnes
Document 9 - Declaration of Duane Neil Milnes in Support of Application for TRO
Document 8 - Declaration of Kathryn Zoglin in Support of Application TRO and Preliminary Injunction
Document 7 - ARECOS (Retirees) Notice of Motion and Motion in Support of Application for TRO and Preliminary Injunction
Document 6 - ARECOS (Retirees) Application for TRO and Injunction
Document 1 - ARECOS (Retirees) Complaint Injunctive Relief

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This City of Stockton web page last reviewed on --- 5/6/2015

Chapter 9 Bankruptcy