Monday, February 28, 2011

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.

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