US - Congressional Republicans are using scare tactics to push a bill blocking bailouts of state pensions as a way to undermine government unions, said John Stanton, a lawyer for the California State Teachers' Retirement System (CalSTRS).
"They are peddling fright about the supposed imminent insolvency of public pension plans," Stanton said yesterday at a meeting of the second-largest US public pension fund's board. "It really is an...
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