Are municipal pensions bankrupting Alberni?

Are municipal pensions bankrupting Alberni the way they did in California, one reader asks.

To the Editor,

I’d like to know how much of the municipal budget is for pensions?

We have seen many Californian municipalities actually go bankrupt because of high salaries and pension funds the municipalities had to pay into—and keep paying into for services like fire protection, policing, bylaw enforcement and city workers in general.

How much of our tax dollars are going into this sort of thing?

Down south, unions were actually running candidates in municipal elections to advance lucrative wage and pension increases, which resulted in the bankruptcy of the towns.

Michael Wright,

via e-mail

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