California Government Pension Systems “Endangered”
By Stephen Frank Originally published in Watchdog.com, view 2/5/15 The Washington Examiner published a story showing that 150 unions had “endangered” pension systems. “Another 85 funds are listed as being “endangered,” meaning they lack the assets to meet at least 80 percent of their future obligations.” http://www.washingtonexaminer.com/feds-place-150-union-pension-funds-in-critical-status/article/2559606 Based on the Federal criteria both CalPERS and […]
