US - Los Angeles Mayor Antonio Villaraigosa has unveiled proposals that will have newly hired police and firefighters working longer for better pensions and paying for post-retirement health care for the first time.
Villaraigosa said the pension changes will save the city $173m for every 1,000 new hires. Under the new plan, employees can continue to retire after 20 years of service, but will receive only 40...
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