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The Stockton Saga Continues: Untouchable Pensions on the Chopping Block? - The National Law Forum
Advertisement Judge Christopher M. Klein’s decision to accept the City of Stockton’s petition for bankruptcy on April 1, 2013 set the stage for a battle over whether public workers’ pensions can be reduced through municipal reorganization. Advertisement Stockton’s public revenues tumbled dramatically when the recession hit, leaving Stockton unable to meet its day-to-day obligations. Stockton slashed … Continue reading The Stockton Saga Continues: Untouchable Pensions on the Chopping Block?
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