Sunday, 26 June 2011

Atlanta City Council Poised to Cut Workers’ Retirement Benefits

http://www.bloomberg.com/news/2011-06-23/atlanta-city-council-poised-to-cut-retirement-benefits-for-city-employees.html

Atlanta’s City Council may begin closing a $1.5 billion pension shortfall by reducing retirement pay for current employees and allowing them to contribute to a 401(k)-style plan.

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