Tag: Citrus Growers Plan

Photo of CalPERS headquarters by Coolcaesar at English Wikipedia

Silly articles don’t help the process. The New York Times recent article “A Sour Surprise for Public Pensions: Two Sets of Books” told the tale of the tiny six-employee Citrus Pest Control No.2 pension fund that thought it was overfunded but instead received a large bill when CalPERS calculated its termination liability.  The article has…