Lighting Round: On Pensions...
Live Blogging #oakdebates | 7:49pm
Raphael: unfunded liabilities is the elephant in the room, has written extensively on this topic, directs audience to read his answer (in full) the Oakland Tribune.
Link: pay it off with bonds. Will pay if elected.
Lemley: must pay and honor obligations. Unions and elected officals must act.
Raya: there have already been police and fire sacrifices but we can't "push this problem on to the next council like the previous one did."
Brandt: not totally sure what the answer is but will 'keep fighting.'
Kalb: establish and fund a rainy day fund to pay this down.
Macleay: pay employees in full in every check.
Labels: #oakdebates, city council, district 1
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home