Judge Rules Stockton's Pensions May Be Cut in Bankruptcy - Reas...

Judge Rules Stockton's Pensions May Be Cut in Bankruptcy
Reason (blog)
In a potentially groundbreaking decision, a federal bankruptcy judge today struck down the sanctity of government pensions in California, saying the city of Stockton has the right to sever its contract with CalPERS. The verbal ruling from U.S ...
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