August 15, 2020

California High Court Upholds Public Employee Pension Reforms

“Good news, but not good enough. CalPERS has over one trillion dollars in unfunded liabilities. One small part of it is the fact government workers can use unused sick time and vacation time, as if it were part of their salary. Why? This spikes the lifetime of higher monthly pension statements.”

California High Court Upholds Public Employee Pension Reforms