The California Public Employees Retirement System, whose Sacramento offices have a distinct architectural flavor, is the nation’s largest pension trust fund.
The California Public Employees Retirement System, whose Sacramento offices have a distinct architectural flavor, is the nation’s largest pension trust fund.
The California Public Employees Retirement System, whose Sacramento offices have a distinct architectural flavor, is the nation’s largest pension trust fund.
Dan Walters

Dan Walters

Observations on California and its politics

California’s unfunded pension debts may be larger than acknowledged

September 11, 2016 04:00 AM

UPDATED September 11, 2016 08:23 AM

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About This Blog


Dan Walters' column appears in dozens of California newspapers. He joined the Sacramento Union’s Capitol bureau in 1975 and in 1981 began writing the state’s only daily newspaper column devoted to California political, economic and social events. He and the column moved to The Sacramento Bee in 1984. Contact him at dwalters@sacbee.com or 916-321-1195. Twitter: @WaltersBee