Saturday, June 2, 2012

Insight: California city's pension vote: a precedent for U.S.?

http://www.reuters.com/article/2012/06/02/us-usa-california-pensions-idUSBRE8510BQ20120602

A radical plan to slash public employee pension benefits gets voted on by the residents of Silicon Valley's San Jose on Tuesday - a decision that could set an important precedent for many other cities, not only in California but across the nation.

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