The California Legislative Analysts' Office (LAO) finally weighed in on the California public pension crisis.
I have great respect for the LAO and include links to their material to view without comment. Jason Sisney form the LAO presents "Public Retirement Benefits, Options for the Future," which takes just 15 minutes to watch. The materials provided include the webcast, a summary transcript of the webcast, and copy of the presentation slides.
Webcast (via YouTube)
- View Transcript in Web Browser