Summary
RETIREMENT: Governor faces fight from unions.
Predicting public pension system failures and government bankruptcies in the near future, state and local leaders Monday called for reforms to retirement systems statewide that are turning a growing number of public servants into "$100,000 pension club" millionaires.See the full content of this document
Extract
Leaders Call for Pension Reform
The comments came as Gov. Arnold Schwarzenegger is expected to introduce a plan in the coming weeks that would revamp public retiree health benefits and pension formulas for new employees, s...
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