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Can California Local Voters Phase Out County Pensions?
Calpensions Link to more items from this source
June 30, 2014
"Like an initiative approved by San Diego voters two years ago, the Ventura initiative gives new county hires a 401(k)-style individual investment plan, instead of a pension, and reduces current worker costs with a five-year freeze on pensionable pay.... In the legal challenge, the key difference is that the San Diego pension plan operates under the city's laws while the Ventura County pension plan operates under a state law."

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