ARTICLE: Costly pensions under fire
March 8, 2010
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PRINTDespite strong opposition from powerful government employee unions, many California researchers, public officials and candidates are beginning to call for a scaling back of the state's lavish pension benefits. Kris Vosburgh of HJTA warned California could soon face insolvency, and Stanford University conservatively estimated the state's debt at $237 billion while cautioning the actual figure could be as much as twice that.
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