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California pension bills are sensible fixes, but they have little chance of passing

APRIL 20, 2018 | by Steven Greenhut | REASON

“Enter state Sen. John Moorlach (R-Costa Mesa). Best known for predicting the 1994 Orange County bankruptcy, Moorlach has introduced four relatively modest pension reform bills that could help CalPERS get control of its liability problem. They are scheduled for an April 23 hearing in the Senate Public Employment and Retirement Committee.”

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