(Bloomberg) -- Letters sent by certified mail usually aren’t howstate and local governments signal they’re about to breach thepromise that public workers consider ironclad when it comes toretirement benefits.

But that’s how Patsy Jardin, 71, of Loyalton, California, foundout that she may lose much of her $48,000 annual pension becausethe town government failed to fund its long-term liabilities.Reading the letter delivered to her rural home made the formerclerk "sick," she said in an interview. "It’s my livelihood."

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.