When it comes to retirement security, a deal is a deal. So says a new legal analysis from CalPERS. In a thorough review of current law, CalPERS concludes that pension promises to current employees can't be broken. To try would bury taxpayers in legal bills and needlessly attack retirees.
Authors:
...When it comes to retirement security, a deal is a deal. So says a new legal analysis from CalPERS. In a thorough review of current law, CalPERS concludes that pension promises to current employees can't be broken. To try would bury taxpayers in legal bills and needlessly attack retirees.
Authors: