[mewzilla]

...are often directed to cover state-mandated costs such as pension obligations...

Are those pension funds in deep doo doo?

Betcha...

[DoughtyOne]

I know someone who has a nice pension. I won’t be
surprised at all if it is hit by California.

Would really hate to see it, but California is so poorly
run. It could be twice the state it is, if run properly.