Bankrupt San Bernardino has been paying state pension fund Calpers, but the city has skipped out on about $10 million in payments on private pension bonds since 2012 and hasn’t negotiated with bondholders in months, Reuters reports.
Bankrupt San Bernardino has been paying state pension fund Calpers, but the city has skipped out on about $10 million in payments on private pension bonds since 2012 and hasn’t negotiated with bondholders in months, Reuters reports.