California DB Plans Without Social Security Face Uncertainty

H. S.
February 2005
Investment Management Weekly;2/21/2005, Vol. 18 Issue 7, p4
Explores the implications of California Governor Arnold Schwarzenegger's reform pension proposal for defined benefit pension plans that do not participate in Social Security in California in 2005. Information on the bill proposed by California Assemblyman Keith Richman regarding the replacement of defined benefit plans; Legal restrictions and requirements involving the pension reform proposal; Effect of the pension reform proposal on the Los Angeles County Employees' Retirement Association.


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