As Fullerton is forced to face our own massive pension debt this year, it’s helpful to look around to see what others are doing. And then aim higher. Much higher.
The county firefighters’ union just conceded that new members will have to work 5 more years until they reach retirement age, allowing them to retire at 55 instead of 50. OK, so they still get a ridiculous 90% of pay and will retire at least 12 years earlier than the rest of us. But it’s a baby step in the right direction.
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