PensionTsunami.com is a project of FACT -- the Fullerton Association of Concerned Taxpayers. FACT's primary focus is on California's public employee pension and OPEB crisis, but we also monitor the world of corporate pensions and any developments in Social Security since it is taxpayers who will ultimately be responsible for making up deficits incurred by any of them. We also try to monitor international trends. FACT's president is Jack Dean; he is also the editor of PensionTsunami.com. You can e-mail him at JackDean(at)PensionTsunami(dot)com.
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The Orange Juice Blog just reported that the City of Santa Ana, California gave a pension boost to its employees last night at its city council meeting:
Want more police officers for your neighborhood?
Too bad — Santa Ana has got no money.
Want your street paved or trees trimmed?
Too bad — Santa Ana has got no money.
How […]
