Government
May 20, 2010
Pension Woes Spur Lawsuits
Promises, promises. California's pension systems made plenty of them during flush times and now jurisdictions are struggling to keep those commitments.
By Pat Broderick
Daily Journal Staff Writer
Promises, promises.
California's pension systems made plenty of them during flush times, and now government agencies up and down the state are struggling to keep those commitments.
"In good times, it's easy to make promises, and in bad times the tendency is to kick the can down the road," said Harvey L. Leiderman, a partner in the San Francisco of offic...
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