The cost of California’s public pensions is breaking the bank. Here’s one reason this problem is so hard to fix - News Summed Up

The cost of California’s public pensions is breaking the bank. Here’s one reason this problem is so hard to fix


More than 20 times in the last 15 years, political leaders looking to control California’s fast-growing public pension costs have tried to put reform initiatives before the voters. Lockyer received more than $1.5 million in campaign contributions from public employee unions during his two terms as attorney general. Becerra discusses his philosophy on public pensions at a Jan. 24 news conference, his first as attorney general. Becerra discusses his philosophy on public pensions at a Jan. 24 news conference, his first as attorney general. After his confirmation, during his first news conference as attorney general, Becerra addressed the issue again.


Source: Los Angeles Times April 07, 2017 10:00 UTC



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