CalPERs in the news

It was nice seeing those of you who made it out yesterday.  Here is a link to the pension crisis article from the Los Angeles Times that Chester mentioned.  Please take the time to read it, and share it with other OCEA members.  The PERs talk has been going on for about 17 years, and this article can help us have a better understanding of what has happened and what to expect.

The pension cost is an issue that will likely come up in upcoming negotiations, and it is important to understand the history and know what to expect in the future.

 

http://www.latimes.com/projects/la-me-pension-crisis-davis-deal/#nt=oft12aH-1la1

Please share with other members and encourage other members to ‘follow’ this blog.

Thanks!

 

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