CalPERS cannot expect significant change inprogram trends by continuing to focus on how, or through whom, it pays forcoverage. Rather, to effect real change, CalPERS will have to engage itsenergies and influence in altering how health care is delivered, accessed, andfinanced in California. In ...
An unusual CalPERS actuarial policy delays debt payment, allowing interest costs to grow. While slowly paying off debt over 30 years, reduction of the original debt does not begin until year 18, more than halfway through the payment period. And pension funds in general have at least one stru...
I oppose defaulting on US treasuries (to any of the holders of those NOTES/BONDS) because doing so could trigger a worldwide financial meltdown. Sounds like you wish for that to happen, but it wouldn’t be pretty. Besides those who simply LENT the US Gov’t money by buying these BONDS...