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Tag Archives: long-term debt
Public pension debt: How big is it?
While not complying with an apparently flawed state law, CalPERS is opposing a similar federal bill calling for a report showing how pension debt could soar if long-term investment earnings are well below average. Read more…
Posted in California
Tagged 401K, AB 1509, bonds, California Public Employees' Retirement System, California State Teachers' Retirement System, CalPERS, CalSTRS, future generations, long-term debt, Pension reform, pensions, SB 400, stocks, taxpayers, Transparency, unfunded liability, unsustainable
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