City budget hawks such as David Walker, former U.S. comptroller general, and the dogged John Marshall Lee often address the burden of pension costs on Bridgeport and the state of Connecticut. A study by the Center for Retirement Research at Boston College examines proportional pension costs of cities. Bridgeport ranked number 43 among the 173 U.S. cities examined for city pension costs/revenue.
See report here.
The Connecticut Post has more on this story here.
This Friday morning Walker will join U.S. Senator Richard Blumenthal, Congressman Jim Himes and others in a panel forum on Debt, Jobs & Growth at the Hartford Club, 46 Pratt Street in Hartford. The forum will focus on state fiscal challenges and fostering economic growth.
Walker will make a presentation addressing federal and state fiscal and competitiveness challenges, including comments about cities such as Bridgeport. The forum is sponsored by the Connecticut Business & Industry Association, Connecticut Voices For Children and No Labels.