How did the pensions of public service employees contribute to Stockton’s financial problems?

ACRAMENTO — A federal bankruptcy judge dealt a blow to California’s public employee pension systems by ruling Wednesday that payments for future worker retirements can be reduced when a city declares bankruptcy — just like its other debts.

In a ruling while considering the city of Stockton’s bankruptcy, Judge Christopher Klein said, “California public employee retirement law … is simply invalid in the face of the supremacy clause of the United States Constitution.”

“I’ve concluded the pension could be adjusted,” he added.

But the judge stopped short of making a final decision about whether to accept Stockton’s bankruptcy plan for repaying its debts, which does not include cuts to pension payments. The next court date is scheduled for Oct. 30.

the menu would be considered a problem for students who have food allergies.

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it was on the rise and doing very well and would continue to do well until the great depression from 1929-1939