[PapaBear3625]

Guaranteed? By whom?

Good question, something the article writer should ask himself. Then again, I doubt he's read "Atlas Shrugged".

The guarantee on CalPers is only as good as the State of California's credit rating.

[Mr. Jeeves]

Good question, something the article writer should ask himself. Then again, I doubt he's read "Atlas Shrugged".

The government said so. Thus, the guarantee is Holy Scripture. ;)