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Voter's Guide: Measure L for "Limit" on pension benefits
Original post made
on Oct 16, 2010
Public employee pension plans garnered nationwide attention as the recession chipped away at city financial reserves, and Menlo Park was no exception. With CalPERS faltering, the city could find itself facing a multi-million dollar bill for its pension benefits, because taxpayers must make up any shortfall.
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posted Friday, October 15, 2010, 8:43 AM