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The Pension Crisis - What happens when the authorities give up? | John Moorlach
2 years ago
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California Insider
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california issues
california pension
retirement
pension
pension crisis
california pension liability
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pension liability
California’s unfunded pension liabilities are estimated to be at 1.5 Trillion dollars, that’s about $38,000 of debt for each Californian.
You may wonder what are unfunded pension liabilities? And why we have so much of it…
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