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" --
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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