October 26, 2010 at 01:37 AM EDT
San Francisco’s Insane Pension Plans
There’s no other word for this but madness. Via SF Weekly: “Infinite” is not a word you expect to find in a report on municipal spending. It’s more of a science fiction–type term — Tremble, Earthling, before the infinite might of Galaxor! But there it was, in a recent report on San Francisco’s finances: Spending on the city’s employee [...]
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