ICYMI: NBC Bay Area Airs Hard-Hitting, Alarming Report on Public Employee Pension Cris​is

Wednesday, March 9, 2016

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"California’s pension liabilities are primed to rob the state’s piggy bank."

"Today, we’re about $170 billion short."

"That’s equivalent to almost one-and-a-half times the state's annual budget"

--NBC Bay Area Report, March 4, 2016

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Read Sen. Moorlach's last Pension Debt Update HERE

Press Contact: Amanda Smith @ 714-662-6050, amanda.smith@sen.ca.gov

State Senator John Moorlach is a nationally recognized budget, finance, and fiscal policy expert. Moorlach graduated from CA State University in Long Beach in 1977, passed the C.P.A. exam in 1978, and completed his studies for the Certified Financial Planner designation in 1987. He earned a Certificate in Public Finance from the University of Delaware, Division of Continuing Education in 1995, the Certificate of Achievement in Public Plan Policy (CAPPP) in Employee Pensions in 1999 and the Trustees Masters Program in 2003 through the International Foundation of Employee Benefit Plans, and the New Supervisors Training Institute in 2007 from CA State University in Sacramento in cooperation with their Center for California Studies.