28-08-2020 23:56 via ocregister.com

State Senate bill nail in the coffin for pension reform

Citing high and unsustainable costs, the city of Placentia withdrew from the Orange County Fire Authority and established its own fire department.
The fire department is now up and running. The city expects to  save millions of dollars a year, thanks in part to its ability to offer defined contribution retirement plans to new firefighters.
Naturally, firefighter unions can’t stand the thought of a city offering firefighting jobs with anything other than an unsustainable and incredibly
Read more »