CalSTRS Unsustainable Unfunded Liability: $71 Billion. On January 1, 2014–$166.9 BILLION

Most economists understand the CalSTRS, the teachers retirement fund is busted.  The admitted $71 billion in unfunded liabilities means it. will be forced, in the future to lower the retirement formula and cut the checks of current retirees—it can not afford to pay off.
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