Tag "pension crisis"

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CA pension plans prompting tough tradeoffs

Despite a sounder economic footing, California’s pensions problem has deepened. That was the conclusion drawn by analysts who warned that new accounting rules would shine a startling spotlight on practices long kept in the shadows. “The Governmental Accounting Standards Board is implementing new

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Skelton Needs Remedial Math

John Seiler: Sometimes I just shake my head. L.A. Times California columnist George Skelton writes today: Let’s be clear: State employee pensions are not to blame for Sacramento’s budget deficit. Not by any math. Down the road, the current state

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