Bonus Payments to City Retirees Are Drawing Ire – NYTimes.com

As San Francisco struggles under ballooning pension and health care costs, the city’s retirees will receive unexpected cost-of-living bonuses totaling $170 million. The city’s anticipated budget deficit for the coming year is $360 million.

via Bonus Payments to City Retirees Are Drawing Ire – NYTimes.com.

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