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California city overpays pensions for years, asks retirees for money back
American City & County: San Jose, Calif., officials discovered that the city’s pension plan has overpaid hundreds of public safety employees for the past 20 years. Now, the city is asking for its money back.
A 2009 audit found that the city had been overpaying 300 firefighter and police officer pensions since 1998, NBC Bay Area reports. However, the city took seven additional years to confirm the numbers.
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