Now, the city pays for retirement benefits in the annual budget exercise, but as the cost of increases in pension benefits, the amount of money to spend on municipal services such as schools decline, paicos said. The rising costs of health insurance for about 10 percent per year and the number of retired workers will be greater than the baby boomers retire, paicos said.
httpv://www.youtube.com/watch?v=_NSv5SHD_aw&feature=youtube_gdata
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