Steven Greenhut on California's Pension Reform Ballot Initiative


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California's pension-reform movement is back, writes Steven Greenhut, as reformers on Thursday announced the long-awaited details of a statewide ballot initiative targeted for the November 2016 ballot. The measure, one of its main backers said, will cut the "Gordian Knot" that has halted reform—in particular, the tangle of court cases that has made it nearly impossible to control benefit costs.