City Ballot Measure Would Scale Back LAPD Pensions
October 27, 2010
To control spiraling costs, the Los Angeles City Council has agreed to put a measure on the March 2011 ballot that would reduce benefits for new police and fire workers, reports the Daily News.
If voters approve the March 8 measure, the city is estimated to save $152 million over 10 years by requiring new hires to work longer and pay more into retirement and health care systems than current workers.
Read the full story at DailyNews.com.
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