Labor & Economic News Blog


Tuesday, August 01, 2006

Cities urged to act on public pension cost problem

Cities urged to act on public pension cost problem
Source: Palo Alto News
A move to cut costs for public-employee pension plans sputtered to a halt in the spring of 2005 when Gov. Arnold Schwarzenegger, under pressure from unionized firefighters, police, nurses and teachers, withdrew a ballot initiative that would have trimmed their retirement benefits.

 



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