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Brown takes softer line in latest plan to rein in pension costs

latimes.com (1 year and 10 months ago)

Aug 29, 2012

The governor would raise the retirement age and cap benefits, but he omits key provisions of his earlier proposal. A vote on the plan is expected Friday.Gov. Jerry Brown announced a new plan Tuesday to rein in public pension costs that would raise the retirement age, cap benefits for the highest-paid employees and eliminate "spiking" — but lacks key parts of the bolder system overhaul he proposed months ago and would even increase some payouts. full story

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California leaders strike public pension reform deal

yahoo.com (1 year and 10 months ago)

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reuters.com (1 year and 10 months ago)

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