4 ms·
The point is that many cities did not fund their pension funds to the levels required. Further, as cities employees (often unions) negotiated better payments a
by caseysoftware 8y ago
The point is that many cities did not fund their pension funds to the levels required.
Further, as cities employees (often unions) negotiated better payments and a lower retirement age - because, it's all later! - the gap got bigger and bigger.