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E123: Trump indictment, de-dollarization, should VCs back Chinese AI? RIP Bob Lee
All-In with Chamath, Jason, Sacks & Friedberg
Should We Need Pensions?
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The way that these public pensions work is defined benefit. And so what you see is in their final year Um state or city employees will load up on the overtime. They'll earn twice as much and then that's a 90% of that. We just can't afford to have rules like that that don't make any sense.
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