The California Public Employees’ Retirement System, headquartered in this Sacramento building, administers pension funds for hundreds of thousands of state and local government employees.
The California Public Employees’ Retirement System, headquartered in this Sacramento building, administers pension funds for hundreds of thousands of state and local government employees.
The California Public Employees’ Retirement System, headquartered in this Sacramento building, administers pension funds for hundreds of thousands of state and local government employees.
Dan Walters

Dan Walters

Observations on California and its politics

California’s pension liability is huge no matter how it’s counted

May 12, 2016 3:55 PM

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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