The California Policy Center estimates Required Pension Contributions Will Nearly Double in 5 Years. I claim it will be much worse. In the fiscal year beginning in July, local payments to the California Public Employees’ Retirement System will total $5.3 billion and rise to $9.8 billion in fiscal 2023, according to the right-leaning group that examines public … Continue reading Required Pension Contributions of California Cities Will Double in Five Years says Policy Institute: Quadruple is More Likely