Small City In California Accrues US$ 1 Billion Pension Shortfall

Posted on 09/05/2023


California’s Central Coast is the area between Los Angeles and San Francisco. The area is famed for its viticulture region. It has 100,000 acres of wine grapes, with Chardonnay accounting for more than half of that area. It is expensive to reside in, but local government employees are enjoying average salaries of US$ 85,000 plus…

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