The State Worker

March 20, 2014 4:51 PM

Credit firm says California pension measure’s demise bad for local governments’ credit

A Wall Street firm cautioned Thursday that the failure to put a pension measure before California voters has negative implications for local governments facing higher retirement benefit bills.

The State Worker

Chronicling civil-service life for California state workers

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The Sacramento Bee launched The State Worker blog in 2008 to cover state government from the perspective of California government employees. Every day The Bee filters the news through a single question: "What does this mean for state workers?" Subscribe to alerts on state pay, benefits, pensions, contracts and jobs at sacbee.com/newsletters. Twitter: @TheStateWorker.

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