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Resource ID: #25443
Subject: Pensions
Source: Contra Costa Times (Walnut Creek
Affiliation: 
Date: Feb 6, 2011

$0.00

Description

The Contra Costa Times found that California public employee pension systems are grossly underfunded; the benefits far exceeded the private sector and are regularly understated by the pension systems; the debts for state and local governments are huge; and the cost is being transferred over to future generations.

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