#pension-liabilities

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fromThe Mercury News
1 week ago

Letters: Without spending cuts, Berkeley only delays the pain

"One-time budget gimmicks do not resolve the serious structural budget issues in Berkeley. Skipping payments to the pension trust fund only increases debt. Berkeley needs serious budget cuts to pay down debt and avoid municipal bankruptcy."
US politics
Retirement
fromAxios
4 months ago

Trump's Post Office plan has a $400 billion conundrum

USPS financially struggles with substantial pension and healthcare liabilities, lacking control over investment decisions, leading to deficits and losses.
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