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Firefighters’ Union Sustains Loss in San Bernardino Bankruptcy Battle
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  • Corlyss

    “Last month the city reached an undisclosed deal with its police union. In June, it also reached a deal – subject to a judicial gag order – with its largest creditor, the California Public Employees’ Retirement System (Calpers).”

    Anyone know the basis for the gag order, who asked for it? At first blush, it seems an unwarranted affront to the public’s right to know, esp. the right of San Bermardino’s own residents and taxpayers. How much involvement did the court or master have in overseeing the deal?

    • Andrew Allison

      I suspect that Calpers doesn’t want the rest of the near-bankrupt cities in California to know how much it gave away.

  • Pete

    Looks like the so-called ‘everyday heroes’ are not exempt from pension reality

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