With Huntington Beach facing tens of millions of dollars in unfunded pension liabilities, the City Council on Monday will discuss supporting statewide legislation favoring pension reform.
Council members Lyn Semeta and Erik Peterson request the council support a statement supporting legislation by state Sen. John Moorlach (R-Costa Mesa) that seeks to regulate pension issues.
“California is heading toward a fiscal crisis,” the statement reads. “The rising cost of pension liabilities will increasingly crowd out availability of funds to pay for infrastructure, park repairs and improvements and necessary services including public safety.”
The city will owe about $35...