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California Gov. Brown

Calif. Brown Announces Pension Reform Agreement to Save Billions by Capping Benefits, Increasing the Retirement Age

SACRAMENTO, Calif. /California Newswire/ -- On Tuesday, Governor Edmund G. Brown Jr. outlined a sweeping pension reform agreement that saves billions of taxpayer dollars by capping benefits, increasing the retirement age, stopping abusive practices and requiring state employees to pay at least half of their pension costs.