Pension Funds

Law Restricts Pension Cuts For Existing Workers The bulk of the projected savings in the pension-reform deal announced by Gov. Jerry Brown won't be felt for decades because most of the proposed changes will affect employees who have yet to be hired.
CalPERS Funds Stung By Stock Market DeclineThe turmoil on Wall Street has hit the nation's largest public pension fund, which has lost about $18 billion off the value of its stock portfolio since July 1.
Sandwich Generation

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