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Tuesday, November 9, 2010

Listen to Joe Eskenazi Talk Pensions on KALW

Posted By on Tue, Nov 9, 2010 at 3:38 PM

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Your esteemed online news editor Joe Eskenazi will be talking about pension and health care reform -- which he wrote about with Benjamin Wachs in the SF Weekly cover story "Let it Bleed" -- on Crosscurrents today at 5 p.m. on KALW (91.7 FM.) 

Here are some fun facts from the article to whet your appetite:

In fiscal year 1999-2000, the city spent about $300,000 on its retirement system. In fiscal year 2009-10, it was $200.5 million. Benefits alone -- not salaries, just benefits -- for current and retired employees this year are budgeted at $993 million. Spending on retirees' health care and pensions is conservatively projected to triple within five years.

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