Skyrocketing pension costs related to expanded benefit packages are now resulting in municipal bankruptcies and tax increases, writes Dan Walters in the Fresno Bee. After state employees received new retirement benefits in 1999, many local governments followed suit. However, now officials are realizing these benefits were based on unrealistic projected pension fund returns that never materialized.
Click here to read the article.

Jon Coupal is the President of the Howard Jarvis Taxpayers Association (HJTA). HJTA, with offices in both Los Angeles and Sacramento, is the largest taxpayers association in California with a membership of over 200,000. Founded by the late Howard Jarvis, the author of Proposition 13, HJTA’s name is synonymous with tax relief and the uncompromising defense of the California homeowner.