The San Bernardino Public Employees Association withdrew its objection to the city’s eligibility for bankruptcy protection while the city dropped its effort to reject collective bargaining agreements with the union, Bloomberg News reported yesterday. The agreement leaves the California Public Employees’ Retirement System (CalPERS) as the sole challenger to the city’s effort to declare bankruptcy. San Bernardino and the union reached a tentative agreement over the terms and conditions of the workers’ employment on July 31, according to a court filing yesterday. Under the accord, the union dropped its opposition to the bankruptcy and the city withdrew a request with the court to reject bargaining agreements, according to the filing. CalPERS contends San Bernardino doesn’t qualify for bankruptcy protection because, after a year in bankruptcy court, there is “not even a glimmer of a plan to reorganize its finances,” it said in an Aug. 2 filing. CalPERS wants the city to make up missed payments.
