State investments take a bite out of local budgets | July 13, 2012 | Palo Alto Weekly | Palo Alto Online |

Palo Alto Weekly

Cover Story - July 13, 2012

State investments take a bite out of local budgets

Lowered CalPERS projections cause cities to scramble to meet pension obligations

by Gennady Sheyner

In the grand old days of the mid-2000s, few people talked about California's out-of-control public pensions.

This story contains 547 words.

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— Gennady Sheyner

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