General28 Feb 2011 03:27 pm
Another Oakland Pension Update
Apparently Mayor Jean Qunt (pronounced as it’s spelt) disagrees with the actuaries who say that Oakland’s 1976 crop of retirees will live for some time yet.
Now, far be it for me to argue with a Qunt, but I suspect the actuaries are actually fairly good at their task. Yes, it’s amazing that so much money is owed to a set of people who are all in their 70s and above. But, that’s the obligation Oakland undertook.