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Soaring UC pension costs raise pressure for more cuts, tuition h

By tovarichpeter   Follow   Tue, 19 Jun 2012, 11:04am   341 views   1 comment
In South San Francisco CA 94080   Watch (0)   Share   Quote   Permalink   Like   Dislike  

http://www.ocregister.com/news/retirement-359598-state-pensions.html

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1. CaptainShuddup Follow Befriend (1) 250 threads 4,771 comments

   1   11:20am Tue 19 Jun 2012   Share   Quote   Permalink   Like (1)   Dislike (1)   The UC system, including medical centers and national laboratories, is scrambling to shore up its pension fund as it prepares for a wave of retirements and tackles a roughly $10 billion unfunded liability. So they want to shore up the $10 billion shortfall on the backs of the youth just starting out? I thought these were educated people?