Pension Crisis


A collaboration with Capital Public Radio, Los Angeles Times and CALMatters (2016).
TWEET THIS: FACT: California faces a mounting public employee pension debt. http://www.capradio.org/81738  via @CapRadioNews @latimes @CALmatters #CApensions

Senator Moorlach’s Thoughts on California’s Pension Crisis


Download & Share

Download & Share

Download & Share

Download & Share

“I’ve been saying on the floor of the Senate, this is not a tax for roads or medical care,” he said. “You can’t call a pothole tax a pothole tax and use it for pensions.” –Senator Moorlach

“CalPers, CalStrs and the State health plan have a total of $1.2 trillion in unfunded liabilities.  For years CalPERS has been lying about their return on investment, claiming it to be 7.5%.  Instead in 2014-15, per State Senator John Moorlach, it is actually 2.4%.”

Updates