From Governing.com
''Facing a direct challenge from a city that won't pay its bills, CalPERS is firing back.
CalPERS formally challenged the city of San Bernardino's right to
file for bankruptcy protection after the city fell behind on $5.2
million in payments.
The powerful pension fund, in a lengthy court filing, suggested that
San Bernardino is trying to use the bankruptcy laws to get out of paying
its bills.''
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