But we are paying a price for our rapidly increasing pension costs. Look around – have you ever seen so many pot holes in Pleasanton?
The Clock is Ticking on Bloated Pensions
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“Union leaders need to pay attention. Yet so far, they appear tone deaf. They continue to roll out the old misleading statistic that public employee retirements average "$24,000 a year." Average is meaningless in this debate. Look at pension payouts for those who retired after a full career and after the big post-1999 pension enhancements were approved. Look at public-safety retirements across the board and some local governments that adopted pension formulas that outstrip even very generous state formulas.”
Day of Reckoning on Pensions
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“The Little Hoover Commission paints a bleak picture of what's ahead for state and local governments in California.”