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Insight: California city's pension vote: a precedent for U.S.?

A radical plan to slash public employee pension benefits gets voted on by the residents of Silicon Valley's San Jose on Tuesday - a decision that could set an important precedent for many other cities, not only in California but across the nation.

Ousted L.A. Housing Authority chief leaves with $1.2 million

Critics see Rudolf Montiel's departure pay as a symbol of misplaced priorities and poor management at the agency.

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