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The Nexus
POLITICSAug 3 · 13:00 UTCSF STANDARDDavid Crane

Opinion: California’s pension funds are rigged to stick taxpayers with the bill

AB 1383 would allow CalPERS and CalSTRS to maintain low contribution rates for public employees, requiring taxpayers to cover pension shortfalls. The article criticizes this as a recurring burden on taxpayers.

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