ArchivesTag : PERS
Study: California Public Pensions Underfunded by Over $500B
From: California Healthline California’s three major public pension funds are underfunded by more than half a trillion dollars, according to a report released Monday, the San Jose Mercury News reports. Gov. Arnold Schwarzenegger (R) commissioned the study, which was prepared by graduate students at the Stanford Institute for Economic Policy Research (Theriault, San Jose Mercury [...]
Full Story
