Indeed. The #CaliforniaRule is the most restrictive standard for protecting pension benefits. If it goes down, it can make a number of important reforms possible.
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Yikes that would be terrible. I hope public employees strike over this broken contract promise. Why engage in peaceful labor relations if the employer can just break it without costs?
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George Carlin called it! :) I mean, George Carlin called it. :'(
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We are all just one Iowa Law Review article away from having a future dissolved.
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Or if you are a state worker you feel like you are seeing your pension being liquidated.
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