by Ron DeLord | Nov 27, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Unions
DANVILLE – In 1989, the city owed the police and fire pension funds about $16 million because the city officials had reportedly underfunded both accounts since 1935. Today, the combined unfunded liability for the public safety pensions is more than $103 million — for...