Los Angeles Mayor Eric Garcetti IMAGE BY Irfan Khan, Los Angeles Times

Paying for public retirees has never cost L.A. taxpayers more

Los Angeles officials often boast about how they stemmed the rising cost of employee pensions, an expense that has hobbled cash-strapped cities throughout California.

Former Mayor Antonio Villaraigosa said changes he oversaw in 2011 and 2012, which included lower pensions for new employees and higher retirement contributions from city workers, were “the most far-reaching effort in the nation.”