Within the span of only 11 years, the hole at the bottom of California’s state and local pension funds increased a staggering 3,046 percent. The monstrous growth of the gap between what public agencies have promised workers upon retirement and what...
Stories Related to California's Pension Hole: Once Modest, Now Monstrous
By TERI SFORZA, Orange County Register: Business
Thu, 07/30/2015 - 10:06pm
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BING NEWS:
- Labour warning of ‘pension black hole’ after Rishi Sunak fails to rule out raising retirement age to 75
The failure to rule out a dramatic rise in the pension age was latched on to by Labour. said: "Rishi Sunak has again failed to categorically rule out raising the retirement age to 75 to pay for his ...
05/1/2024 - 5:34 am | View Link - Mississippi Legislature passes bill to slash state pension fund's employer contribution increase
Both chambers of the Mississippi Legislature have passed a bill that will halt a 2% increase in the employer contribution to the $30 billion Mississippi Public Employees’ Retirement System that was ...
04/29/2024 - 5:48 am | View Link - More
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