Capitol Alert

Dan Walters Daily: Time for steadier public pension investments

The West Sacramento headquarters of the California State Teachers' Retirement System (CalSTRS) on Dec. 11, 2009.
The West Sacramento headquarters of the California State Teachers' Retirement System (CalSTRS) on Dec. 11, 2009. aalfaro@sacbee.com

The high-risk, high-reward model of California's public pension funds is bad for taxpayers, Dan says.

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Call The Bee’s Alexei Koseff, (916) 321-5236. Follow him on Twitter @akoseff.

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