Government Pension Crisis Exploding in California

(Before It's News)

It’s Your Backyard Ventura County     By Stephen Frank How bad is the CalPERS pension crisis? The Marin Independent Journal on November 19 reported this, “Chiang reports the 130 public pension systems in 2013 had an unfunded liability that had grown to $198 billion. In 2003, that liability was only $6.3 billion. Taxpayers are paying for that legacy of […]

Tags:  CaliPERS, James Poulos, Pension Reform, Pensions, Public Sector, Stephen Frank, taxes, Unions

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