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ETA Pension Meeting Covered
NCT Pension Forum
Officials with a county watchdog group asked taxpayers Wednesday to contact their city officials and request reform for municipalities' generous pension plans.
EUC Blog Pension Reform Discussion
...SDCTA has lots of resources and papers on their web site, but I'll sum up the presentation here. Encinitas city employees can retire at 55 and get paid essentially a full salary for as long as they live. That is completely out of line with private-sector, real-world benefits. You'd have to build a 401(k) in the millions by the time you're 55 to match that kind of cheese. And that's before we even get into paying for their health care for life. These massive benefits are a huge and growing drain on city resources...