The Public Purse |

Apr/10

18

Menlo Park pension initiative vs. union

See highlighted article about the struggle among a group promoting an initiative to curb costs: covering pensions for new employees’, raising the new employee retirement age and capping the pension formula. The initiative also would prevent the city council from passing retroactive increases (which is what Detroit did in the middle of its fiscal mess).  Looks like the local legislators are letting the taxpayer groups fight the fight with the unions; how convenient.

RSS Feed

No comments yet.

Leave a comment!

«

»