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    Little Hoover pension report

    In a re­port to Gov. Jerry Brown and law­makers, the non­par­tis­an Little Hoover Com­mis­sion warns gov­ern­ment work­ers have been prom­ised far more in re­tire­ment be­ne­fits than their pen­sion funds will have the cash to cov­er.

    The re­port cites the be­ne­fit in­creases provided by scores of loc­al gov­ern­ments in the midst of the re­ces­sion as a prime ex­ample of poor fisc­al man­age­ment.

    — Steve Marble and Kimi Yoshino
    Published: April 7, 2011
    Sources: Little Hoover Commission
    Credits: Steve Marble, Ben Welsh, Kimi Yoshino
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