The California Public Employees’ Retirement System is already $179 billion in debt, so it is a bad time to ask taxpayers to pay $11 billion in additional, expensive pension benefit increases to the state’s highest-paid public employees.
reason.orgCalifornia undermines pension reforms with benefit boost for first responders - Reason FoundationPlus: Evaluation identifies opportunities for reform of Texas pensions, how to insulate pensions from political temptations, and more.
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