CalTax: California State and Local Governments $443 Billion In Debt
California is known the world over for it's beaches, forests, and, increasingly, fiscal irresponsiblity.
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Since: Apr 08
#1 Oct 12, 2013
Why does the state not move to a FERS pension? It is a hybrid plan that would make CalPers solvent for the long-run and allow employees to have some type of retirement for the long-term.
( http://www.opm.gov/retirement-services/fers-i... )
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