"“There was no real taxpayer representation in that room,” Seeling, now retired and living in a Dallas suburb, said in a recent interview. “It was all union people. The greed was overwhelming.”"
— Trade unions

January 1, 1970

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Added on April 10, 2026
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Commerce
Original Language: English

Sources

Ronald Seeling, former actuary for the CalPers pension system for California government employees, on a 1999 change to the CalPers system that gave more benefits to unionized workers but led to massive shortfalls in later years. As quoted by Jack Dolan "The pension gap", The Los Angeles Times, 18 September 2016