The state’s two largest and successful pension funds have issued statements this week attacking the report on pensions released two weeks ago by the Little Hoover Commission. The Commission, stacked with appointees of Gov. Arnold Schwarzenegger, issued a series of recommendations that have stirred controversy in Sacramento… "Our conclusion is that implementing the recommendations made in the report — even if it were possible to do — would likely weaken, rather than strengthen, retirement security for California

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by Steven Maviglio, California Progress Report.

Posted: March 14th, 2011, by: admin. Categories: . Awaiting Comments.