Is this a joke? Surely this can’t be.
We have been living in a warped world since 11/4/08. That’s why nothing makes sense.
The link has another link to what appears to be an official Press Release. I do not know whether to laugh or cry. Angeliedes politized CalPers. He basically lied to CA when he supported a large increase in pension benefits, claiming CalPers had the money and it would not cost the tax payer one cent, that is one of the many reason CA is just a few notches above Argentina in credit worthiness.