Published Feb 17, 2006 1:15 pm : Updated Jan 31, 2009 1:52 pm
Sacramento, CA — A plan to overhaul public pensions across the state has been shot down by the California Public Employees´ Retirement System.
Trustees voted yesterday to oppose a constitutional amendment to give future government workers a guaranteed pension and employer-matched 401-K account. The benefits would be less generous than those offered today.
This post was last modified on 01/31/2009 1:52 pm