Relevant:
- Pension costs rising for local governments
- Report: State and Local Governments Have Almost $4 tln Pension Shortfall
- Changes needed as state, locals pay more $100,000 pensions
- Automotive Pension Disaster; $42 Billion in Pension Promises Completely Unfunded
- More municipalities betting on pension bonds to cover obligations
2009-12-09 — tracypress.com
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"The consensus is that the pension issue has reached a point where it is at a critical stage," said Tracy City Manager Leon Churchill. "Local governments are examining all costs of doing business, and what's on the horizon is pension costs." "
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