I know this has been discussed here before, but it seems the bill is coming due much earlier than expected. Personally, I believe this to be a good thing, as it will be pretty difficult to "backpedal" on this one.
Anyway, I was looking up "California Pension Shortfall Costs" in a couple of search engines. Here are three of the most interesting links provided by the engines
http://www.reason.org/commentaries/passantino_20050621.shtml
http://lists.cacities.org/pipermail/employee_relations/2006-January/001237.html
http://www.cfo.com/printable/article.cfm/3007698



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