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California’s Pensions Are An Economic Burden, Not Benefit

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It’s Your Backyard Ventura County By Ed Ring  . Last month an article entitled “Pensions as Economic Stimulus” was posted to Fox & Hounds Daily. The author, Charles Beckwith, is a former CalPERS senior financial manager. Beckwith’s article, while thoughtful, invites a response. Because California’s pension systems may stimulate the economy in some ways, but equally significant ways, they are killing […]

Tags:  California Policy Center, Compensation, Ed Ring, pension, Public Sector, Public Sector Unions, Union Watch


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Source: http://citizensjournal.us/californias-pensions-are-an-economic-burden-not-benefit/



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