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Bankrupt San Bernardino Votes to Pay CalPERS, But Not Bondholders
Thomson Reuters 
Apr. 23, 2013
"Bankrupt California city San Bernardino passed a new budget ... that will allow it to resume paying into the state pension fund on July 1 as it continues to renege on other debts including payments to bondholders. The city council vote comes nearly a year after it halted contributions to [CalPERS] ... There was no discussion either about the city's arrears to the pension fund, which tops $12 million."
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