San Francisco May Be Model for State on Retiree Benefits
Gov. Arnold Schwarzenegger (R) and legislators should be setting aside a "couple of billion dollars" to start "covering an estimated $48 billion unfunded liability for health care benefits that retired state employees enjoy," Dan Walters writes in an opinion piece. He adds that if San Francisco voters approve Proposition B on Tuesday's ballot, the city could be a model for the rest of the state on "hardheaded realism on public employee pensions and health care."
- "Dan Walters: S.F. Shows How To Cure Budgetary Headache" (Walters, Sacramento Bee, 6/2).