Sentences with phrase «excessive pension obligations»

Fiddling with the collective bargaining system will do nothing to counter the system's short - term political instability (from strikes) and its long - term insolvency (from excessive pension obligations).

Not exact matches

The city is weighed down with debt, billions in unfunded pension obligations, declining credit ratings, a police department often accused of using excessive force against African - Americans, a rising tide of murders, and a host of other troubles.