White Paper Redux: Labor and Pensions
NEIGHBORHOOD POLITICS-Does the City of Los Angeles control its labor force or are the public sector unions throwing Angelenos under the proverbial bus?
There are two aspects to employment as any business owner can tell you. There is what the workers are paid now and the conditions under which they work. And then there are retirement benefits that are funded today and paid out from the pension funds that are supposed to be managed to have the necessary funds needed for health and pension payments when they come due.