Oroville saying “bankruptcy word’ over pension burden

Oroville finance director Ruth Wright in September 2017 tells CalPERS that pension rates had the city considering bankruptcy. Its police officers accepted a 10 percent pay cut to offset rising rates.
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Oroville finance director Ruth Wright in September 2017 tells CalPERS that pension rates had the city considering bankruptcy. Its police officers accepted a 10 percent pay cut to offset rising rates.