Largest Long Beach city union agrees to deficit-shrinking pension reform
A long-sought pension reform package approved by the city's largest employee union shrinks next year's projected deficit by more than 33 percent.
Join the discussion below, or Read more at Press-Telegram.
#1 Jan 11, 2013
Sadly, the City Comptroller said that these cuts won't be enough to prevent Long Beach from becoming insolvent. The politicians promised the Unions so much that it will drive Long Beach into Municipal Bankrutpcy within two years. Most Democratic voters cheer the impending Bankruptcy and thank their Party's politicians for keeping their commitment to leave absolutely nothing to their children and grand children but debt and chaos. It's just how they roll.
Add your comments below
|Aging New York Immigrants Confront Shortage of ...||22 min||anonymous||1|
|More arrests coming in Lakewood | Di Ionno||10 hr||lbean||5|
|Boise takes in more Syrian refugees than New Yo... (Oct '16)||22 hr||American||4|
|Fed Balance-Sheet Plan Missing Key Detail Tied ...||Tue||Ronald||1|
|Time to settle immigration debate, once and for...||Tue||Red Crosse||16|
|Civil Judgments to Be Removed from All Credit R...||Jul 23||how will that help||1|
|Albuquerque guardianship firm facing of embezzl...||Jul 21||Cut Property||2|
Find what you want!
Search Personal Finance Forum Now
Copyright © 2017 Topix LLC