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Will San Jose, San Diego Lead Public Employee Pension Reform?
CalPensions 
June 4, 2012 "One reason San Jose and San Diego will vote on widely watched pension reforms Tuesday: Retirement costs are eating up about 20 percent of their general fund budgets, well above the old norm.... [California's] second largest city, San Diego, and it's third largest city, San Jose, have made cuts in police, fire and other services that are painfully clear to residents, and rising retirement costs are getting much of the blame." MORE >> |
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