NEWS: California cities say pension costs are high — and will get even higher in the next few years

California cities are struggling to find new sources of revenue to keep up with rising pension costs and have warned that they might have to offer fewer services to their citizens. The LA Times is reporting that the League of California Cities conducted a survey of California communities and found that most expect to pay 54 cents in pension for every dollar in salary and some larger cities will see that pension cost rise to 76 cents in pension per dollar in salary.

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