With CalPERS only 79% funded, California taxpayers are responsible for roughly $180 billion in unfunded pension liabilities.
Jolsen <[email protected]> Thu, 30 Oct 2025 11:59:03 -0700
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That's a lot of money and Gavin Newsom has failed do a single thing about it. Well actually he did, he increased wages to get votes and union support, thus increasing the unfunded liability.