Kaboom. One Hundred and Twenty-Seven Million Dollars

Fullerton’s public safety pension debt just exploded.  Numbers from a new report just released by CalPERS pin the unfunded pension liability for Fullerton’s police and fire at $126,843,150.

Hey little guy. Cash or credit?

The new figures represent a first look at Fullerton’s pension crisis after the market crash of 2007 (yes, CalPERS is that slow.)

Read the rest of “Kaboom. One Hundred and Twenty-Seven Million Dollars”


About Travis Kiger