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Stockton, Californias plan to fully pay employee pensions after leaving bankruptcy may lead to more unfilled potholes and unpaved streets, according to a Sonoma County citizens group.

The Canadian government's proposal for its new hybrid pension plan is receiving mixed reviews, with some pension experts in favor and labor groups opposed.

Mayors across the state of Illinois are urging legislators to overhaul police and fire pension plans to alleviate the financial burden on local governments.

Oakland's payments to the state pension system jumped from $37 million in 2003 to $89 million in 2012.

The key question one faces after retirement is the determination of whether or not funds should be moved from an ERISA-governed plan to an IRA.

The city reached agreements two days ago with its two pension systems, after settling with some bondholders last week.

The unit will reportedly be headed by Kent Hiteshew, a veteran public-finance banker at JP Morgan Chase.

Under a proposal announced April 15, Detroits emergency manager, Kevyn Orr, agreed to pay retired city police officers and firefighters their full monthly pensions. Hours later, the pension system for general employees, such as city hall clerks and street workers, said it, too, had settled.