Daniel Borenstein: City Auditor warns pensions threaten Oakland’s solvency – San Jose Mercury News

April 20, 2014April 20, 2014 by Zennie Abraham

Daniel Borenstein:

Oakland City Auditor’s Report Political Grandstanding – Zennie Abraham

City Auditor warns pensions threaten Oakland’s solvency
San Jose Mercury News
“While formerly viewed as a cash flow issue, we now know pension obligations are a solvency issue,” Ruby writes in her report to the City Council. “There is simply not enough money coming in to pay for what must go out.” Oakland’s three major …

Source: Oakland City Council News From Google News

Zennie Abraham | Zennie Abraham or “Zennie62” is the founder of Zennie62Media which consists of zennie62blog.com and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.

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