by Ron DeLord | Jan 10, 2017 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Pensions: California, which is known for its earthquakes, just had a major one. Didn’t feel it? You will. This quake isn’t the earthshaking kind, but rather the state’s decision to recognize reality when it comes to its insolvent public-employee...
by Ron DeLord | Sep 26, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Insolvency: America’s states, counties, cities and municipalities are in deep trouble, owing literally trillions in public employee pensions that they can’t pay off. Nowhere is that more apparent than in California, the nation’s poster boy for fiscal...