DUE TO ESCALATING PENSION COSTS, AND A 1.4 MILLION DOLLAR DEFICIT, THE CITY OF WATSONVILLE HANDED OUT PINK SLIPS YESTERDAY TO A NUMBER OF EMPLOYEES. REPORTEDLY CITY LEADERS ARE LOOKING FOR EMPLOYEE CONCESSIONS ON THEIR PENSION PACKAGES….AND THAT’S WHY POLICE OFFICERS, FIREFIGHTERS, AND SOME CLERICAL AND ADMINISTRATIVE WORKERS RECEIVED THE LAY-OFF NOTICES.
