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California Governor Jerry Brown Interview

Jerry Brown, former governor of California, speaks during an interview at the State Capitol in Sacramento, California, U.S., on Thursday, March 2, 2017. Brown said the state's retirement system is "probably" going to lower its investment-return goal again, a move that will further pressure local governments already straining under rising pension costs. Photographer: David Paul Morris

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David Paul Morris
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Former California Governor Jerry Brown Interview
Jerry Brown, former governor of California, speaks during an interview at the State Capitol in Sacramento, California, U.S., on Thursday, March 2, 2017. Brown said the state's retirement system is "probably" going to lower its investment-return goal again, a move that will further pressure local governments already straining under rising pension costs. Photographer: David Paul Morris