By Daniel Borenstein in East Bay Times
July 14, 2016

The nation’s largest pension plan continues adding to state and local taxpayers’ $93 billion debt.

The question now is whether the board of the California Public Employees’ Retirement System will stanch the bleeding. Or will it continue to laden our children and grandchildren with higher taxes and reduced public services because of its failure to properly fund the retirement system now?

Read more at East Bay Times