Public Pensions (CalPERS)
Underfunded pensions crowd out services.
D · 10/24
1 · The idealist case (in its proponents' own framing)
Defined-benefit pensions reward public service.
2 · The realist counter-case
Critics cite unfunded liabilities.
3 · Predicted vs. measured — with caveats
CalPERS carried ~$186B unfunded; payments crowd out current budgets.
4 · Liberty check
Promised benefits vs. fiscal sustainability.
5 · The real tradeoff
A slow-moving fiscal squeeze.
Allies & Playbook
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No individual sponsor record is catalogued for this policy yet. Start with the primary sources below and the Allies directory.