TOO LITTLE, TOO LATE: Gov. Brown’s Pension Reform Plan Won’t Defuse the Bomb. “These are not bad ideas, but a lot of what it does is prevent future abuses of the system and reduces the growth of the pension commitment moving forward. It doesn’t do anything to deal with the crisis as it stands now. Employees will not be pushed into a 401(k)-type system to reduce the state’s liability.”
InstaPundit is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.