Calpers Defends Pension Benefits While Risking Bankruptcy Losses - S...

08/20/12

Calpers Defends Pension Benefits While Risking Bankruptcy Losses
San Francisco Chronicle
The $239.1 billion fund is the largest creditor in bankruptcy cases filed by two California cities, Stockton and San Bernardino, since the end of June, with a total of $290.8 million at stake. Increasing retiree obligations are straining budgets of ...
GREENHUT: Even in bankruptcy, unions get special treatmentNorth County Times
Game on in Stockton, Ca Chapter 9 case - bond insurer sets focus on CalpersLexology (registration)

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