The snag is that if CalPERS takes less risk, generous public-pension schemes will almost certainly have to be renegotiated.

现存的障碍是，如果加州共物权退休基金冒小风险，人们很可能会从新商讨慷慨的公共养老金项目。

youdao

Character warmth, friendly, consideration, extrovert, to person generosity generous, very easy make friend, the popularity be certainly also very good.

个性温暖、友善、体贴、外向、对人慷慨大方，很容易交朋友，人缘当然也很不错。

youdao

Expecting the stock market to be generous certainly isn't one of them.

WSJ: The Intelligent Investor: The Dividend-Fund Dilemma