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CalPERS Disputes Doomsday Scenario
Whittier Daily News 
Apr. 8, 2010 Excerpt: Reacting to a Stanford University study that found the state's public retirement plans face a shortfall of a half trillion dollars, California Public Employees Retirement System spokesman Brad Pacheco said Tuesday the study was based on outdated data. Pacheco said the policy brief by the Stanford Institute for Economic Policy Research also relies on methodologies out of sync with government accounting rules and actuarial standards of practice. MORE >> |
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