Higher Pension Contribution Targets Threaten Financial Health Of California Cities

While most American millennials are worried about the spiraling cost of college education, at the other end of the age spectrum the pensions debate rages with equal ferocity.

Nowhere is this crisis more acute than in California where the California Public Employees Retirement System or CalPERS is struggling to cope.

Once more than 100% funded, CalPERS has severely undershot its annual investment return target of 7.5% in recent years, and now, it has scarcely 2/3 of . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible

Saved Articles

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Sign up today and get three months free

Use coupon code vip19 or click on the button below

Limited time offer only ENDS 9/130/2019 or after next 25 subscribers take advantage whichever comes first – please do not share this discount with others