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A comment on Illinois pension benefits have grown six times faster than state revenues. Parent comment
Well that was not the case with California's 1999 pension reform, where pensions were retroactively increased by 50% overnight.[0]
That kind of money doesn't just appear out of nowhere. Many of these cases were transparent scams and the people involved knew it.
[0] http://www.sandiegouniontribune.com/opinion/sd-calpers-menda...
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Well that was not the case with California's 1999 pension reform, where pensions were retroactively increased by 50% overnight.[0]
That kind of money doesn't just appear out of nowhere. Many of these cases were transparent scams and the people involved knew it.
[0] http://www.sandiegouniontribune.com/opinion/sd-calpers-menda...