CalTax: California State and Local Governments $443 Billion In Debt

Oct 10, 2013 Full story: Reason Foundation

California is known the world over for it's beaches, forests, and, increasingly, fiscal irresponsiblity.

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Since: Apr 08

Mission Viejo, CA

#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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