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Nine Charter Schools Fail New CalPERS Entry Test
Calpensions Link to more items from this source
Feb. 18, 2014
"CalPERS has denied membership to nine charter schools, saying a proposed IRS rule could end crucial tax advantages if 'even a single non-governmental entity' is allowed into the giant pension system. The California Charter Schools Association ... said [CalPERS] is the only public pension system in the nation to deny membership on the basis of an IRS rule, proposed in 2011, that may still be several years away from final adoption."

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