Bakersfield Californian pension coverage
October 17th, 2009
James Burger called a couple weeks ago to bring to Planet Stanley’s attention that indeed the Bakersfield Californian had reported on the pension issue way back in March of 2003.
Here is a link to a PDF of the 2003 story.
The stories by James Burger and Devin McHenry get to the heart of the pension issue. They show that the city and county were just starting to see the impacts that the 3 at 50 retirement benefit coupled with a stock market decline would have on local budgets. This issue has been facing us for many years and still requires strong local leadership to find solutions to the problem.
I look forward to seeing continuing coverage and participating in the discussion on the pension issue.
