I am wondering if this takes – Piggington's Econo-Almanac

January 10, 2013 at 5:02 PM #757503

Participant

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.