EDITORIAL: California public pensions’ unfunded liabilities staggering, must be fixed
California’s pension debts have sharply increased to $198 billion and must no longer be ignored by policymakers argues the Long Beach Press Telegram. While officials do not yet know how they will pay these debts, the newspaper says pension reform advocates should be encouraged by recent results from the San Jose mayoral election as well as a decision by the State Controller to make more information related to pensions accessible to the public.
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