Rebane's Ruminations
April 2010
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Day: April 6, 2010

  • George Rebane The giant public sector workers retirement fund Calpers is underfunded by at least $500,000,000,000 – yes, that’s a half trillion dollars.  This is from a Stanford University study commissioned by our governor (reported here)  RR readers should not be surprised.  In Nevada County, SESF (sesfoundation.org) reported on the state’s and county’s unfunded liabilities…