I am wondering if this takes into account making CalPers Whole?
The City of L.A. is claiming a balanced budget as well At least they made the future hires retire a SS retirement age (67) instead of 55 and eliminated Pension spiking.
I wonder if the pension no-spiking rule can be retroactive.
Anyway it’s a start, I just have my doubts, sounds too good to be true.
