Oakland is hardly the only public agency that has a big pension problem, but it's probably the worst example in the Bay Area, which is full of bad examples. Add in practically all city and county governments, city managers in particular, firefighters and police, BART. Remember a lot of taxpayers work in the private sector where there are no pensions at all except for social security and that's if you can stay employed.
Oakland is hardly the only public agency that has a big pension problem, but it's probably the worst example in the Bay Area, which is full of bad examples. Add in practically all city and county governments, city managers in particular, firefighters and police, BART. Remember a lot of taxpayers work in the private sector where there are no pensions at all except for social security and that's if you can stay employed.