Don't bail out teachers' pension system

Published: Thursday, Dec. 19, 2013 - 1:10 pm

Re "Crisis lurks: CalSTRS reservoir will run dry" (Viewpoints, Dec. 18): I got a chuckle out of David Cranes' synopsis of California State Teachers’ Retirement System’s underfunded pension program. Cranes’ conclusions assume that the Legislature should reward the influential teachers union by giving CalSTRS billions of dollars to keep meeting its unsustainable pension obligations. If the reality of bankruptcy for CalSTRS scares him, so be it. That's the cost of gaming the system.

-- David Koepke, Rancho Cordova

© Copyright The Sacramento Bee. All rights reserved.



Sacramento Bee Job listing powered by Careerbuilder.com
Quick Job Search
Sacramento Bee Jobs »
Buy
Used Cars
Dealer and private-party ads
Make:

Model:

Price Range:
to
Search within:
miles of ZIP

Advanced Search | 1982 & Older

TODAY'S CIRCULARS