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Wednesday, April 17, 2013

CalPERS contributions could rise 50% in plan to plug funding gap

California taxpayers might see the municipal pension contributions they fund for the $258.3 billion California Public Employees' Retirement System rise as much as 50% under a plan to fill $87 billion in unfunded obligations.

http://www.pionline.com/article/20130416/DAILYREG/130419912/calpers-contributions-could-rise-50-in-plan-to-plug-funding-gap

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