Los Angeles County, Calif., takes another hit in retirement bills
With the recent addition of a $115 million rise in annual retirement bills,
Los Angeles County, Calif., now has a $1.2 billion yearly retirement price
tag.
With the recent addition of a $115 million rise in annual retirement bills, Los Angeles County, Calif., now has a $1.2 billion yearly retirement price tag. According to the Los Angeles Times, the size of the bill is being attributed to large stock market losses that hit pension fund investments in 2000 when the dot-com bubble burst. Los Angeles Times
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