Oroville saying “bankruptcy word’ over pension burden

Oroville finance director Ruth Wright in September 2017 tells CalPERS that pension rates had the city considering bankruptcy. Its police officers accepted a 10 percent pay cut to offset rising rates.
Up Next
Oroville finance director Ruth Wright in September 2017 tells CalPERS that pension rates had the city considering bankruptcy. Its police officers accepted a 10 percent pay cut to offset rising rates.

’There’s going to be a lot of very nervous public employees:’ Court to hear pension case

December 04, 2018 10:06 AM