State government employee pension costs are scheduled to increase by $676 million for the 2019-2020 budget year, raising the total bill to $7 billion for the year. Currently, CalPERS has approximately 70 percent of the funds needed to pay off future obligations for the next 30 years.
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Jon Coupal is the President of the Howard Jarvis Taxpayers Association (HJTA). HJTA, with offices in both Los Angeles and Sacramento, is the largest taxpayers association in California with a membership of over 200,000. Founded by the late Howard Jarvis, the author of Proposition 13, HJTA’s name is synonymous with tax relief and the uncompromising defense of the California homeowner.