Wednesday, 1 October 2014

CalPERS gets decision: Judge rules Stockton can sever its city pensions - Sacramento Bee








Sacramento Bee



CalPERS gets decision: Judge rules Stockton can sever its city pensions

Sacramento Bee

In a potentially groundbreaking decision, a federal bankruptcy judge today struck down the sanctity of government pensions in California, saying the city of Stockton has the right to sever its contract with CalPERS. The verbal ruling from U.S ...









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