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  • California's public pension crisis is bad and getting worse

    California's two major public pension systems are underfunded and are asking local governments to pay more. Critics want to reduce benefits, while others say policymakers should allow time for recent changes to take hold.

California's two major public pension systems are underfunded and are asking local governments to pay more. Critics want to reduce benefits, while others say policymakers should allow time for recent changes to take hold. Emily Zentner The Sacramento Bee
California's two major public pension systems are underfunded and are asking local governments to pay more. Critics want to reduce benefits, while others say policymakers should allow time for recent changes to take hold. Emily Zentner The Sacramento Bee

CalPERS wants broke cities to deliver bad news to out-of-luck pensioners

November 13, 2017 06:00 AM

UPDATED November 14, 2017 02:15 PM