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California’s pension debt puts it $175.1 billion in the ...
https://www.sacbee.com/news/politics-government/capitol-alert/...
California’s pension debt puts it $175.1 billion in the red. By Dan Walters. ... some showing multibillion-dollar deficits for pension obligations, ...
The Pension Fund That Ate California | City Journal
https://www.city-journal.org/html/pension-fund-ate-california...
from the magazine The Pension Fund That Ate California CalPERS’s corruption, insider dealing, and politicized investments have overwhelmed taxpayers with debt.
CalPERS Admits 52% Underfunding on State Employee Pensions ...
www.breitbart.com/california/2014/04/18/calpers-admits-52-under...
The California Public Employees Retirement System (CalPERS) just admitted that the state-managed pension plan, that provides retirement for the state and almost 1,600 local government agencies, is 52% underfunded and will be forced to jack up taxpayer-funded contribution rates by about $1.518 billion.
Golden State Pension Deficit: $1.2 Trillion - The American ...
https://www.the-american-interest.com/2016/03/30/golden-state...
With California's pension debt now approaching 60 percent of the state's GDP—and rising—it's clear that tinkering around the edges won't be enough.
Understanding California’s public pension debt - Los ...
www.latimes.com/projects/la-me-pension-unfunded
Understanding California's public pension debt. The gap between money available and promises made is huge and growing. By Judy Lin. Sept. 18, 2016 ...
California pension funds are running dry - Los Angeles Times
www.latimes.com/business/la-fi-controller-pension-website-20141114...
A decade ago, many of California's public pension plans had plenty of money to pay for workers' retirements. All that has changed, according to a far-reaching package of data from the state controller. Taxpayers are now on the hook for billions of dollars more to cover the future retirements of ...
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