Calpers seeks bigger contributions from cities and counties

Leaders of California's $255 billion public pension fund gave initial approval on Tuesday to accounting changes aimed at bolstering the fund's long-term finances that would further raise contribution rates for cities and counties.

http://www.reuters.com/article/2013/04/16/calpers-contributions-idUSL2N0D31WQ20130416?feedType=RSS&feedName=marketsNews