California cities get next year’s pension bill. ‘It’s not sustainable,’ Sacramento official says

Sacramento California - BingNews

California cities get next year’s pension bill. ‘It’s not sustainable,’ Sacramento official says

The Sacramento region’s largest local governments will see pension costs go up by an estimated 14 percent next fiscal year, starting a series of annual increases that many city officials say are “unsustainable” and will force service cuts or tax hikes.

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