“Shut, Shut The Door, Good John!” Bill Introduced To Close Revolving Pension Fund Door

Last week in this post, I wrote about the California Controller John Chiang’s announced intention to sponsor legislation to shut the revolving door between California’s two largest public retirement systems, CalPERS and CalSTRS, and the private sector. Last week, Assemblyman Warren Furutani introduced AB 873. Below is the Legislative Counsel’s description of the bill...

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