FREE e-Newsletter
Important News - Hot Topics
Get them Now!

Top News

Detroit Pension Ruling Could Affect Some Calif. Officers

December 05, 2013  | 

Detroit bankruptcy ruling could affect Stockton (Calif.) officers. (Photo) Stockton PD
Detroit bankruptcy ruling could affect Stockton (Calif.) officers. (Photo) Stockton PD

The ruling earlier this week by Judge Steven W. Rhodes, who is presiding in Detroit’s bankruptcy case, that public pensions are not protected from cuts could alter the course of bankrupt cities like Stockton and San Bernardino, Calif., that had been operating under the assumption that pensions were untouchable, according to analysis by Mary Williams Walsh of the New York Times.

Stockton’s bankruptcy case, for instance, is further along than Detroit’s, and until Tuesday it seemed likely to leave public pensions fully intact. Stockton sought bankruptcy protection last year and has already filed a plan of debt adjustment with the bankruptcy court in Sacramento. Its plan, which is subject to court approval, would leave city workers’ pensions unchanged. (A new state law does permit Stockton to provide smaller pensions to workers hired after Jan. 1.)

Opponents of that plan have raised concerns that it would not save enough money. They point to the city of Vallejo, Calif., which spent three years in bankruptcy, emerged in 2011 without touching its workers’ pensions, and is again having trouble balancing its budget.


Comments (2)

Displaying 1 - 2 of 2

Capt. Crunch @ 12/5/2013 4:36 PM

What a kick in the butt,our government has money to pay foreign countrys but not its police.

Parolecop @ 12/5/2013 6:34 PM

The pension system is what makes LEO jobs a career. Once the pension retirement is replaced by a 401 k or other 'savings' plan, we will see this profession die. If you think it is hard to attract qualified applicants now...

Join the Discussion





POLICE Magazine does not tolerate comments that include profanity, personal attacks or antisocial behavior (such as "spamming" or "trolling"). This and other inappropriate content or material will be removed. We reserve the right to block any user who violates this, including removing all content posted by that user.

Other Recent News

Video: Las Vegas Man Killed After Shooting Officer in Face
Police reported that he initially engaged officers in conversation before going back into...
Illinois Officer Lauded for Kindness to Mentally Disabled Woman
The Bloomingdale Police Department responded to a call where a 21-year-old mentally...
Handcuffed Man Steals Washington Deputy's Patrol Car
The man who police say stole a King County Sheriff's patrol car while handcuffed was...
Video: Milwaukee Police Hunt for Lion
Milwaukee police and the Department of Natural Resources responded to the area, but no...
West Virginia Police Say Man Killed While Attacking Woman was Suspected Serial Killer
Police believe Neal Falls, 45, of Springfield, Oregon, could be connected to other crimes...

Get Your FREE Trial Issue and Win a Gift! Subscribe Today!
Yes! Please rush me my FREE TRIAL ISSUE of POLICE magazine and FREE Officer Survival Guide with tips and tactics to help me safely get out of 10 different situations.

Just fill in the form to the right and click the button to receive your FREE Trial Issue.

If POLICE does not satisfy you, just write "cancel" on the invoice and send it back. You'll pay nothing, and the FREE issue is yours to keep. If you enjoy POLICE, pay only $25 for a full one-year subscription (12 issues in all). Enjoy a savings of nearly 60% off the cover price!

Offer valid in US only. Outside U.S., click here.
It's easy! Just fill in the form below and click the red button to receive your FREE Trial Issue.
First Name:
Last Name:
Rank:
Agency:
Address:
City:
State:
  
Zip Code:
 
Country:
We respect your privacy. Please let us know if the address provided is your home, as your RANK / AGENCY will not be included on the mailing label.
E-mail Address:

Police Magazine