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L.A. proposes changes to retirement age, benefits cuts
By Andy StonehouseLos Angeles leaders want to lower city employees' retirement age and curtail benefits, a move they say could save $5 billion over three decades.
With 401(k) litigation increasing, plan advisors and plan sponsors need to know the latest laws as well as strategies attorneys are using to sue employers and advisors. BenefitsPRO's legal coverage includes news, analysis and updates on cases.
Los Angeles leaders want to lower city employees' retirement age and curtail benefits, a move they say could save $5 billion over three decades.