Universities are seeking money from different places — and sometimes, that cash comes with strings.
Tucson considers cutting public safety pensions
Another Arizona city is looking to cut public pensions costs. The Tucson City Council voted Tuesday to create a task force to find ways to reduce the costs of police and fire pensions.
The Arizona Daily Star reports, a decade ago Tucson paid less than $5 million for public-safety pensions, but that amount is expected to reach $42 million next year. The combination of economic woes, hiring freezes, and employee retirements are seen as contributing to the pension-cost hikes.