Posts Tagged: deficits

Opinion

Pensions for local public safety employees are skyrocketing

A tipped bottle with coins: An illustration of pension funding. (Photo: JeJai Images, via Shutterstock)

OPINION: Growing public pension deficits have plagued our nation for years, but in the midst of some of the harshest fiscal blows from the pandemic, this problem is something we can no longer ignore. While California champions itself as a leader of positive change in the United States, we also happen to be the leader in skyrocketing pension obligations. And there are no signs of this unsustainable pattern slowing down.

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