Study: California Public Pensions Underfunded by Over $500B
The study examined:
The California Public Employees' Retirement System;
The California State Teachers' Retirement System; and
The University of California's retirement system (Walters, "Capitol Alert," Sacramento Bee, 4/5).
It's time we get rid of these public unions before they destroy the country. Why should we work to pay for their retirement?
Tuesday, April 6, 2010
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