Yes, there are issues with the system that need to be fixed... but it isn't broken. It IS sustainable.

If the person receiving 500k in retirement was making a million a year, how is that unfair? It's 50%.

Yeah stuff like this is sustainable, no government employee is worth 1 mil. My state is right behind Cali in pensions and we are broke, It will all come crashing down one day, reality is a bitch.

That's the mentality that created the mess.

No government emplyee is worth $1MM.

You can't justity an obscene pension by using their grossly obscene salary as an argument.

MOST CalPers pensions are in the normal 45-50k a year range. Yes, there are issues with it, like tools getting paid way more than they're worth. But, CalPers is liquid. It is sustainable.

The tools in politics, who invent ways to make their pensions pay them more than they currently earn, need to be axed.

There needs to be a cap on it. Such as 75% after 30, like the Military.

But for you all to sit here and dismiss ALL the people collecting a pension from this system is ridiculous. 90% of them earned every last penny. The 10% that abuse the system need to be reigned in.

http://www.calpersresponds.com/ 

I'd guess in many states the highest paid employees are college coaches. Sad really.