NEWS: Strike or No Strike, Pensions Problematic for LA Schools

Los Angeles schools are currently facing a financial crisis due to rising pension and healthcare costs, demands for higher wages from teachers, and falling state reimbursements related to declining enrollment. California’s newly-elected governor, Gavin Newsom, is proposing a $3 billion one time pension contribution to help deal with rapidly rising unfunded obligations, but many experts say more extensive reforms are required, reports NBC Los Angeles.

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