San Jose, San Diego Poised to Pass Pension Reform

Voters in San Diego favored moving new employees to plans similar to private-sector 401(k)s. San Jose will force employees to choose between reduced benefits or sharply higher employee contributions to maintain current benefits.
June 6, 2012
San Jose, Calif., City Hall happyfunpaul/Flickr CC

Voters in San Diego favored moving new employees to plans similar to private-sector 401(k)s. San Jose will force employees to choose between reduced benefits or sharply higher employee contributions to maintain current benefits.

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