x "Glendale's PERS obligation is 84% unfunded."
✔ Glendale's pension obligation is actually 84% funded thanks to the City Council’s progressive stance on pension reform and the collaboration of our employees. The City’s participation in CALPERS has long been embedded in the City Charter. Additionally, it is worth noting that Glendale has historically maintained a fiscally conservative view of pensions and retirement obligations, and never offered exotic combinations of pension or retiree medical benefits.
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