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Thursday, March 8, 2012

State Government Pension Benefits might be bankrupting State Budgets, were those benefits legally negotiated?



State Government Pension Benefits might be bankrupting State Budgets, were those benefits legally negotiated?  Somehow, on the state level, state governments got put into a position where they were forced to share the economic good times of the 90's with their unions, but the promises they made then seem to have caused other problems now and into the future. Check out the CBS video about pension problems in San Jose.

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