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Future of California Pension Reform Now Up to State Supreme Court
San Jose Mercury News
[Opinion] Jan. 17, 2017 "Two appellate courts recently ruled that state lawmakers may alter retirement benefits for current employees.... That's a radical departure from decades of rulings suggesting pension benefits could not be reduced.... Whether the Supreme Court agrees will profoundly affect California lawmakers' ability to slow soaring retirement costs strangling state and local governments. It also might enable practical unions to negotiate changes for current employees, depending upon how broad the decision is." MORE >> |
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