Santa Monica City Council will vote Tuesday to make cuts to retirement and health care benefits for municipal employees after negotiations with employee unions stalled for more than a year.

Santa Monica and other California cities are trying to resolve multi-million dollar deficits between the pensions they promised workers and the value of CalPERS, the state’s public employee pension fund that suffered severe losses during the Great Recession.

Read More: https://www.smdp.com/city-council-to-vote-on-pensions-health-care-contracts-for-municipal-workers/187332