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Retirement crisis grows as cities raid pension and health plans

Retirement crisis grows as cities raid pension and health plans
Outlet: 
Alternet via Salon
Date Published: 
Wednesday, December 11, 2013

Across America, states, counties and cities are taking steps that will make retirement for ex-public employees much harsher. Courts, politicans and corporations are all working together to chip away at deferred wages: reducing pensions or eliminating promised healthcare, or both. Said simply, they’re looting retirements and pushing people toward poverty.

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