Menlo Park approves changes to city employee pension benefit | January 18, 2012 | Almanac | Almanac Online |


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Almanac

News - January 18, 2012

Menlo Park approves changes to city employee pension benefit

by Barbara Wood

Taking the final action needed to put the pension reform initiative approved by voters in November 2011 into action, the Menlo Park City Council on Jan. 10 voted to amend its contract with the California Public Employees Retirement System (CalPERS) to change the retirement age and maximum pension for new city employees.

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