Somewhere in this thread someone suggested that pension largess issues were ‘fixed’ because the workers had their contributions raised. I guess not.
“It’s called the “pension pickup” — and like a rich uncle picking up the tab at a big family dinner, Bay Area taxpayers footed the bill for more than $221 million last year for the employee share of 63,000 public workers’ pension contributions. The practice undermines retirement rules that were designed to force employees to share the burden for their pensions.”
