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12%  
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Keyword: pensioncaps

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  • CA: Bill to increase state's pension caps is reborn (100%)

    09/12/2003 8:41:07 AM PDT · by NormsRevenge · 3 replies · 181+ views
    Oakland Tribune ^ | 9/12/03 | Steve Geissinger
    SACRAMENTO -- A stalled, highly controversial bill boosting local and state public safety employee pension caps to 100 percent of workers' final salaries has been quietly resurrected and is advancing at the 11th hour of this year's legislative session. The proposal, backed by at least one prominent Bay Area legislator but opposed by many cash-strapped cities, originally applied only to local police and firefighters. It has now been broadened to also allow California Highway Patrol officers and state Department of Forestry and Fire Protection personnel to receive the same pension enhancement -- a move that follows their salary concessions in...