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Tag: pension spiking

November 30, 2016

California’s high court will review pension "spiking" case

Californians are accustomed to controversy when it comes to public employee pensions.  Although state and local governments across the country were left without adequate funding of pension obligations following the Great Recession of 2008-2009, California’s shortfall–estimated to be around $475 billion–was the biggest. The Cali ...