Commentary Renews Debate Over CalPERS Shortfall and Orange County Pension Practices

Commentary Renews Debate Over CalPERS Shortfall and Orange County Pension Practices

A new opinion piece highlights a $153 billion shortfall in California’s CalPERS pension system and more than 63,000 retirees drawing six-figure pensions, with the author — a former Orange County Sheriff’s Department media relations staffer — arguing the problem stems from the political relationship between public unions and the officials who negotiate with them.