Tag: State Senator John Moorlach
Cal Pension Systems are Headed to BK but Not Due to C-19 Losses?
‘In 1999, most government pension plans were 100% funded. With a 50% increase in liabilities, they instantly became two-thirds funded. And, for the last 20 years they are still two-thirds funded!’ – Sen. John Moorlach State Senator John Moorlach (R-Costa...