OPINION: City Auditor warns pensions threaten Oakland’s solvency – Insurance News Net (press release)
OPINION: City Auditor warns pensions threaten Oakland’s solvencyInsurance News Net (press release)“While formerly viewed as a cash-flow issue, we now know pension obligations are a solvency issue,” Ruby writes in her report to the City Council . “There is simply not enough money coming in to pay for what must go out.” Oakland’s three major […]
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