A discussion of Oakland's fiscal health and looming pension costs. Oakland is being challenged to find ways honor its pension and retirement obligations while providing essential city services. How realistic is the city's Five-Year Financial Plan? What lessons can be learned from Oakland's approach to its unfunded liabilities?
Add Oakland to the list of cities struggling to pay old pension debts. Recently, we took a look at PFRS -- the Police and Fire Retirement System. Let’s recap: