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	<title>
	Comments on: CalPERS Funding Might Be Only 40 Percent Funded	</title>
	<atom:link href="https://calwatchdog.com/2012/03/22/calpers-funding-might-be-only-40-percent/feed/" rel="self" type="application/rss+xml" />
	<link>https://calwatchdog.com/2012/03/22/calpers-funding-might-be-only-40-percent/</link>
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		By: Fed Credibility Dwindles, Pension Funding Crisis Looms &#8211; Activist HQ (beta test)		</title>
		<link>https://calwatchdog.com/2012/03/22/calpers-funding-might-be-only-40-percent/#comment-121371</link>

		<dc:creator><![CDATA[Fed Credibility Dwindles, Pension Funding Crisis Looms &#8211; Activist HQ (beta test)]]></dc:creator>
		<pubDate>Wed, 30 Mar 2016 23:24:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=27080#comment-121371</guid>

					<description><![CDATA[[&#8230;] Top Image Source [&#8230;]]]></description>
			<content:encoded><![CDATA[<p>[&#8230;] Top Image Source [&#8230;]</p>
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		<title>
		By: mike mortenson RN RET.		</title>
		<link>https://calwatchdog.com/2012/03/22/calpers-funding-might-be-only-40-percent/#comment-16178</link>

		<dc:creator><![CDATA[mike mortenson RN RET.]]></dc:creator>
		<pubDate>Mon, 20 Aug 2012 11:14:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=27080#comment-16178</guid>

					<description><![CDATA[FIRST FOR MOST WE GET 3 TOO 5K A MONTH AND I WOULD AGREE ON A MAXIMUM OF 100K FOR TOP MANAGERS WHO EARN TWICE THAT BUT REMEMBER...WE PAY A SALARY DEDUCTION EVERY YEAR AND THE STATE ADDSTO IT. THIS IS NOT FREE. IF YOU WAN TO CANCEL CONTRIVUTIONS FOR NEW HIRES FINE. IF YOU DO THEN THEY GO INTO SOCIAL SECURITY WHICH IS NOT BETTER. ALSO IF THERE WERE NOT ANY BETTER BENEFITS IN GOVERNMENT GOOD LUCK GETTING OVER WORKED NURSES AND DOCTORS TO DENY PRIVATE EMPLOYMENT TOWORK IN YOUR PRISONS, PSYCH HOSPITALS, GOVERNMENT HOSPITALS AND FOR EMERGENCY SERVICES. IN PRIVATE WORK I WAS FED GREAT FOOD AND GOT A SIMILAR BENEFIT IN POSH HOSPITALS NOT DRAB GOVERNMENT ONES WHERE THERE IS NOFREE LUNCH. SOME PRIVATE CENTERS OFFER FREE SHOWERS, LOUNGES WITH CABLE, DRINKS AND SNACKS. IN SHORT REMEMBER WE DID ALL TAXPAYERS A SERVICE,MY SELF IN A OCCUPATION WITH MORE INJURIES THAN police or FIRE FIGHTERS.MENTAL HEALTH AND EVEN CRIMINALLY INSANE MURDERS. JEALOUS PEOPLE ARE THOSE THAT DID NOT SEEK A DECENT PLAN AND SO HAVE NONE. MY SOCIAL SECURITY PAYS LESS THAN CAL PERS BUT DOES NOT COME CLOSE TO MILITARY OR MOUNT SINAIS HOSPITAL  PRIVATE RETIREMENT PLANS OR BENEFITS.CORPORATIONS AND GOVERNMENTS ARE GOOD AT TAKING YOUR MONEY BUT NOW ITS TIME TO PAY AND THEY CRY..CALPERS IS ONCE AGAIN OVER 240 BILLION BY THE WAY.ITS CLEAR THE GOVERNMENT WANTS AND HAS TRIED BEFORE TO GET THAT MONEY INTO THE TREASURY AND THE COURTS BLOCKED THEM THANK GOD BECAUSE ITS NOT THEIRS ANYMORE THAN MY Past paychecks. want those back too?. wow how crooked ...YOU CAN PRINT AND GIVE TRILLIONS TO BANKS BUT WANT TO DISCREDIT REAL PERFORMING PENSIONS AND ATTACK RETIREES BENEFITS WHILE YOU KILL OUR CHILDREN AND DEMONIZE OUR SURVIVAL?..BECAUSE YOU HATE THE RICH ONES THAT ARE ALSO LESS THAN 2PERCENTOF OUR SYSTEM?..SCREW THE POOR AND MIDDLE CLASSWORKINGS TO SERVE YOUR BLOOD LUST FOR THE RICH? REDUCE MAXIMUMS AND INCREASE RETIREMENT AGE BUT STOP PICKING ON THE PEOPLE WHO HELPED EVERYONE IN YOUR LIFE AND THERES! WAKE UP!]]></description>
			<content:encoded><![CDATA[<p>FIRST FOR MOST WE GET 3 TOO 5K A MONTH AND I WOULD AGREE ON A MAXIMUM OF 100K FOR TOP MANAGERS WHO EARN TWICE THAT BUT REMEMBER&#8230;WE PAY A SALARY DEDUCTION EVERY YEAR AND THE STATE ADDSTO IT. THIS IS NOT FREE. IF YOU WAN TO CANCEL CONTRIVUTIONS FOR NEW HIRES FINE. IF YOU DO THEN THEY GO INTO SOCIAL SECURITY WHICH IS NOT BETTER. ALSO IF THERE WERE NOT ANY BETTER BENEFITS IN GOVERNMENT GOOD LUCK GETTING OVER WORKED NURSES AND DOCTORS TO DENY PRIVATE EMPLOYMENT TOWORK IN YOUR PRISONS, PSYCH HOSPITALS, GOVERNMENT HOSPITALS AND FOR EMERGENCY SERVICES. IN PRIVATE WORK I WAS FED GREAT FOOD AND GOT A SIMILAR BENEFIT IN POSH HOSPITALS NOT DRAB GOVERNMENT ONES WHERE THERE IS NOFREE LUNCH. SOME PRIVATE CENTERS OFFER FREE SHOWERS, LOUNGES WITH CABLE, DRINKS AND SNACKS. IN SHORT REMEMBER WE DID ALL TAXPAYERS A SERVICE,MY SELF IN A OCCUPATION WITH MORE INJURIES THAN police or FIRE FIGHTERS.MENTAL HEALTH AND EVEN CRIMINALLY INSANE MURDERS. JEALOUS PEOPLE ARE THOSE THAT DID NOT SEEK A DECENT PLAN AND SO HAVE NONE. MY SOCIAL SECURITY PAYS LESS THAN CAL PERS BUT DOES NOT COME CLOSE TO MILITARY OR MOUNT SINAIS HOSPITAL  PRIVATE RETIREMENT PLANS OR BENEFITS.CORPORATIONS AND GOVERNMENTS ARE GOOD AT TAKING YOUR MONEY BUT NOW ITS TIME TO PAY AND THEY CRY..CALPERS IS ONCE AGAIN OVER 240 BILLION BY THE WAY.ITS CLEAR THE GOVERNMENT WANTS AND HAS TRIED BEFORE TO GET THAT MONEY INTO THE TREASURY AND THE COURTS BLOCKED THEM THANK GOD BECAUSE ITS NOT THEIRS ANYMORE THAN MY Past paychecks. want those back too?. wow how crooked &#8230;YOU CAN PRINT AND GIVE TRILLIONS TO BANKS BUT WANT TO DISCREDIT REAL PERFORMING PENSIONS AND ATTACK RETIREES BENEFITS WHILE YOU KILL OUR CHILDREN AND DEMONIZE OUR SURVIVAL?..BECAUSE YOU HATE THE RICH ONES THAT ARE ALSO LESS THAN 2PERCENTOF OUR SYSTEM?..SCREW THE POOR AND MIDDLE CLASSWORKINGS TO SERVE YOUR BLOOD LUST FOR THE RICH? REDUCE MAXIMUMS AND INCREASE RETIREMENT AGE BUT STOP PICKING ON THE PEOPLE WHO HELPED EVERYONE IN YOUR LIFE AND THERES! WAKE UP!</p>
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		<title>
		By: Tough Love		</title>
		<link>https://calwatchdog.com/2012/03/22/calpers-funding-might-be-only-40-percent/#comment-16177</link>

		<dc:creator><![CDATA[Tough Love]]></dc:creator>
		<pubDate>Tue, 27 Mar 2012 15:58:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=27080#comment-16177</guid>

					<description><![CDATA[Quoting ...&quot;The private sector needs to raise its workers up–not bring me or anyone else down. &quot;

Ah, the classic ... raise up the Private Sector, don&#039;t bring us down....

And where would the money come from .... the &quot;tooth fairy&quot; ?

The ONLY reason Public Sector pensions are so excessively and unjustifiably high, is because you are stealing the money (via forced taxes) from the Taxpayers, 85% of whom are not Public Sector workers riding this gravy train.]]></description>
			<content:encoded><![CDATA[<p>Quoting &#8230;&#8221;The private sector needs to raise its workers up–not bring me or anyone else down. &#8221;</p>
<p>Ah, the classic &#8230; raise up the Private Sector, don&#8217;t bring us down&#8230;.</p>
<p>And where would the money come from &#8230;. the &#8220;tooth fairy&#8221; ?</p>
<p>The ONLY reason Public Sector pensions are so excessively and unjustifiably high, is because you are stealing the money (via forced taxes) from the Taxpayers, 85% of whom are not Public Sector workers riding this gravy train.</p>
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		<title>
		By: SeeSaw		</title>
		<link>https://calwatchdog.com/2012/03/22/calpers-funding-might-be-only-40-percent/#comment-16176</link>

		<dc:creator><![CDATA[SeeSaw]]></dc:creator>
		<pubDate>Tue, 27 Mar 2012 07:47:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=27080#comment-16176</guid>

					<description><![CDATA[Sorry TL, that is your hue and cry--doesn&#039;t make you right.  I&#039;m not for mixing apples and oranges.  The private sector needs to raise its workers up--not bring me or anyone else down. When 32% of a pension goes for medical premiums, it doesn&#039;t leave much, does it.  Excessive, its not--you nor anyone else, has any right to judge me or the level of my income.]]></description>
			<content:encoded><![CDATA[<p>Sorry TL, that is your hue and cry&#8211;doesn&#8217;t make you right.  I&#8217;m not for mixing apples and oranges.  The private sector needs to raise its workers up&#8211;not bring me or anyone else down. When 32% of a pension goes for medical premiums, it doesn&#8217;t leave much, does it.  Excessive, its not&#8211;you nor anyone else, has any right to judge me or the level of my income.</p>
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		<title>
		By: Tough Love		</title>
		<link>https://calwatchdog.com/2012/03/22/calpers-funding-might-be-only-40-percent/#comment-16175</link>

		<dc:creator><![CDATA[Tough Love]]></dc:creator>
		<pubDate>Tue, 27 Mar 2012 01:32:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=27080#comment-16175</guid>

					<description><![CDATA[Seesaw, The proper question is not how much you get as a pension (in absolute dollars), but whether your pension (as a % of your pay) is greater than that of a similarly situated Private sector worker.

When that question is answered affirmatively, then the pension is indeed excessive.   And it would be answered affirmatively for virtually ALL Public Sector workers everywhere.]]></description>
			<content:encoded><![CDATA[<p>Seesaw, The proper question is not how much you get as a pension (in absolute dollars), but whether your pension (as a % of your pay) is greater than that of a similarly situated Private sector worker.</p>
<p>When that question is answered affirmatively, then the pension is indeed excessive.   And it would be answered affirmatively for virtually ALL Public Sector workers everywhere.</p>
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		<title>
		By: SeeSaw		</title>
		<link>https://calwatchdog.com/2012/03/22/calpers-funding-might-be-only-40-percent/#comment-16174</link>

		<dc:creator><![CDATA[SeeSaw]]></dc:creator>
		<pubDate>Mon, 26 Mar 2012 05:02:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=27080#comment-16174</guid>

					<description><![CDATA[Oh, aren&#039;t you so nice, nrothschild!  Such a classy commenter!  I don&#039;t get a $100,000 pension and neither do most government retirees. You better watch out--you might vaporize in all that hot air your are spouting.]]></description>
			<content:encoded><![CDATA[<p>Oh, aren&#8217;t you so nice, nrothschild!  Such a classy commenter!  I don&#8217;t get a $100,000 pension and neither do most government retirees. You better watch out&#8211;you might vaporize in all that hot air your are spouting.</p>
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		<title>
		By: n rothschild		</title>
		<link>https://calwatchdog.com/2012/03/22/calpers-funding-might-be-only-40-percent/#comment-16173</link>

		<dc:creator><![CDATA[n rothschild]]></dc:creator>
		<pubDate>Sun, 25 Mar 2012 18:33:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=27080#comment-16173</guid>

					<description><![CDATA[All you government parasites - listen up!   The dollar is going to vaporize and that means calpers is going to vaporize.  You&#039;ll get your $100K/year pension but it won&#039;t buy a cup of coffee.

You&#039;d better learn to work or you&#039;ll be eating catfood]]></description>
			<content:encoded><![CDATA[<p>All you government parasites &#8211; listen up!   The dollar is going to vaporize and that means calpers is going to vaporize.  You&#8217;ll get your $100K/year pension but it won&#8217;t buy a cup of coffee.</p>
<p>You&#8217;d better learn to work or you&#8217;ll be eating catfood</p>
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		<title>
		By: Tough Love		</title>
		<link>https://calwatchdog.com/2012/03/22/calpers-funding-might-be-only-40-percent/#comment-16172</link>

		<dc:creator><![CDATA[Tough Love]]></dc:creator>
		<pubDate>Sun, 25 Mar 2012 07:11:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=27080#comment-16172</guid>

					<description><![CDATA[Skippy,   2 of Mary Pat&#039;s (you know the professional actuary with credential up the kazoo) favorites come to mind:

&quot;reality&quot; always trumps &quot;legality&quot;, and 

&quot;keep plucking that chicken&quot;]]></description>
			<content:encoded><![CDATA[<p>Skippy,   2 of Mary Pat&#8217;s (you know the professional actuary with credential up the kazoo) favorites come to mind:</p>
<p>&#8220;reality&#8221; always trumps &#8220;legality&#8221;, and </p>
<p>&#8220;keep plucking that chicken&#8221;</p>
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		<title>
		By: SeeSaw		</title>
		<link>https://calwatchdog.com/2012/03/22/calpers-funding-might-be-only-40-percent/#comment-16171</link>

		<dc:creator><![CDATA[SeeSaw]]></dc:creator>
		<pubDate>Sun, 25 Mar 2012 03:08:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=27080#comment-16171</guid>

					<description><![CDATA[Yea, Skipper!  The only one on these boards who possesses knowledge and humanity, both.]]></description>
			<content:encoded><![CDATA[<p>Yea, Skipper!  The only one on these boards who possesses knowledge and humanity, both.</p>
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		<title>
		By: SkippingDog		</title>
		<link>https://calwatchdog.com/2012/03/22/calpers-funding-might-be-only-40-percent/#comment-16170</link>

		<dc:creator><![CDATA[SkippingDog]]></dc:creator>
		<pubDate>Sun, 25 Mar 2012 02:45:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=27080#comment-16170</guid>

					<description><![CDATA[Keep telling yourself that if it makes you feel better, TL.  The markets are getting better, unemployment is slowly going down, and the short attention span of our fellow citizens has already begun turning to things like what Obama will do during his second term in office, when our Marines and soldiers are coming home from Afghanistan, and what TMZ is doing on TV this week.

In California, we&#039;re waiting for the Democratic Party to take a two-thirds majority in both houses of our legislature next  November.  Then we can finally make some real progress on the problems our Republican minority has been dragging its feet on for so long.

Across the U.S., hispanics are a growing political force that the Republicans have done everything in their collective power to offend as often as possible.  Along with other shifting demographics, such as the natural passing of the Greatest Generation and, with it, the reactionary Republican voter base, you&#039;ll see some dying spasms from the right wing.  One clear example is the recent report that the Koch brothers are going to buy the Reason Foundation, thereby turning a fringe Libertarian think tank into a mainstream Republican tool for their own power.

Ardent protest and demands to your politicians will only go so far, and the commitments already made will prove far too disruptive and cumbersome to unwind - kind of like Obamacare.

It&#039;ll be fun to watch all of the teeth gnashing and angst from people like yourself and the libertarian tools at the OC Register, Reason, Cato, and the various &quot;Watchdog&quot; sites funded by the same old John Bircher interests.]]></description>
			<content:encoded><![CDATA[<p>Keep telling yourself that if it makes you feel better, TL.  The markets are getting better, unemployment is slowly going down, and the short attention span of our fellow citizens has already begun turning to things like what Obama will do during his second term in office, when our Marines and soldiers are coming home from Afghanistan, and what TMZ is doing on TV this week.</p>
<p>In California, we&#8217;re waiting for the Democratic Party to take a two-thirds majority in both houses of our legislature next  November.  Then we can finally make some real progress on the problems our Republican minority has been dragging its feet on for so long.</p>
<p>Across the U.S., hispanics are a growing political force that the Republicans have done everything in their collective power to offend as often as possible.  Along with other shifting demographics, such as the natural passing of the Greatest Generation and, with it, the reactionary Republican voter base, you&#8217;ll see some dying spasms from the right wing.  One clear example is the recent report that the Koch brothers are going to buy the Reason Foundation, thereby turning a fringe Libertarian think tank into a mainstream Republican tool for their own power.</p>
<p>Ardent protest and demands to your politicians will only go so far, and the commitments already made will prove far too disruptive and cumbersome to unwind &#8211; kind of like Obamacare.</p>
<p>It&#8217;ll be fun to watch all of the teeth gnashing and angst from people like yourself and the libertarian tools at the OC Register, Reason, Cato, and the various &#8220;Watchdog&#8221; sites funded by the same old John Bircher interests.</p>
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