California City Council Considers Plans to Tackle Unfunded CALPERS Liability
The desert city faces roughly $11.5 million owed in unfunded CALPERS liability.
The desert city faces roughly $11.5 million owed in unfunded CALPERS liability.
Roughly three quarters of the city’s workforce is classified into a separate agency exempt from Social Security withholding and not as standard city employees.
The Sacramento Bee takes a look at why pensioners from California end up fleeing the state after their careers are over.