CalPERS Pension System in the Crosshairs of Stockton Bankruptcy Dispute
April 4, 2013Spread the love
The Huffington Post describes the setup in Stockton Pensions Present Problem In Bankruptcy At the conclusion of a three-day trial, a judge on Monday formally granted the city Chapter 9 protection, over the objections of creditors who questioned whether it was fair for the city to fully meet its obligations to the state pension system while other debt holders go partly paid.
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CalPERS Pension System in the Crosshairs of Stockton Bankruptcy Dispute
