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Pleasanton, Calif., residents, city officials to tackle pension liability

from San Jose Mercury News

Heeding the call of residents, officials will discuss the Pleasanton, Calif.'s mounting pension liability with the public during a workshop. Led by Bart Hughes, a resident for the past 12 years, 230 community members signed a petition that urges the city to address its unfunded pension obligation, which is estimated to be $121 million to $250 million, depending on which accounting figures are used, and reopen contract negotiations with one of its three employee unions. more

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