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Despite what he described as Bethlehem's successful economic development projects, the city faces a looming crisis in rising pension costs, said Mayor John Callahan during a business leaders breakfast at Moravian College today. The Lehigh Valley Chamber of Commerce hosted the meeting. As part of his discussion about managing the city budget and the economic outlook for 2013, Callahan cited spiraling costs of pensions as unsustainable for the city. Click here to read the article.
Despite what he described as Bethlehem's successful economic development projects, the city faces a looming crisis in rising pension costs, said Mayor John Callahan during a business leaders breakfast at Moravian College today. The Lehigh Valley Chamber of Commerce hosted the meeting.
As part of his discussion about managing the city budget and the economic outlook for 2013, Callahan cited spiraling costs of pensions as unsustainable for the city.
Click here to read the article.