27-09-2019 16:00 via ocregister.com

Feds wise to challenge wasteful Calsavers plan

California has dug a deep hole with the public pension plans that provide taxpayer-backed retirements for government employees. Instead of focusing on reforming those debt-ridden and underfunded systems, state officials  instead created a new program, now known as Calsavers, which sticks its nose into the private sector.
Calsavers went into effect in July to help private workers save for their Golden Years. Most private-sector workers should save more for retirement, but this program will d
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