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Unions: Big pension cuts could trigger new taxes | |
May 30, 2013 On the eve on a potential showdown over teachers' retirement futures, union leaders say a package of major pension benefit cuts is so steep that it might force teachers into Social Security and therefore hit schools will millions of dollars in new taxes. "Given already tight budgets, this represents a huge unfunded mandate thrust upon school districts — perhaps the largest ever," a... Source: http://www.dailyherald.com/article/20130530/news/705309863/ |