18-03-2018 04:00 via ocregister.com

Pension rules must change to keep California solvent

So long as there has been since 1947 an apparently incontrovertible fact of life known as the California Rule, if only that rule had to do with guaranteed unclogged highways and easy beach access under clear blue conditions for all citizens of our state.
Unfortunately, the real California Rule is a bureaucratic logjam that dates to court rulings beginning in that post-war year. It says public employees enter a contract with their employer on their first day of work, entitling them to retirement
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