For decades, police officers and firefighters in the city of Sacramento have paid nothing out of pocket toward their retirement accounts. Instead, City Hall has picked up the bill.
It’s a common arrangement, negotiated years ago in lieu of raises.
It’s also a benefit both city officials and labor leaders expect will be targeted during budget talks as the city’s deficit persists and public pressure mounts to rein in the costs of public employee pensions.
A report by city Auditor Jorge Oseguera last week showed the city could save $7.4 million in one year by requiring police, firefighters and top management officials to pay 4 percent of their salaries into their CalPERS retirement funds – the same as other city workers
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