Our fine City of Cincinnati, like many hamlets throughout the country has a steadily growing unfunded pension liability problem. City Council has a fiduciary responsibility to oversee and provide adequate annual contributions to ensure long-term pension solvency. Unfortunately, like Detroit, and other cities with pandering officials, wish list projects get financial priority over not only …
Tag: pensionreform
Permanent link to this article: https://ourtp.org/2013/08/13/ruling-by-referendum-is-a-double-edged-sword/