A bankruptcy judge's ruling last week declaring the city of Stockton insolvent sets the stage for a possible legal showdown over whether financially destitute municipalities can alter employee pension benefits.
http://www.contracostatimes.com/daniel-borenstein/ci_22971522/daniel-borenstein-stockton-bankruptcy-explores-whether-pension-promises?source=most_viewed
http://www.contracostatimes.com/daniel-borenstein/ci_22971522/daniel-borenstein-stockton-bankruptcy-explores-whether-pension-promises?source=most_viewed
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