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Can We Fix the 'California Rule' for Public Employee Pensions?
The Washington Post; subscription may be required Link to more items from this source
Feb. 7, 2014
"[T]he California rule distorts what the salary/pension mix would otherwise be ... [P]ublic employee compensation may already be too pension-heavy, and the rule makes it more so by freezing pensions in times of retrenchment.... So what fixes are available? A flexible definition of benefits.... Short-term contracts... State constitutional amendment.... Changing state caselaw.... Privatization.... Defined-contribution pensions."

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