[quote=harvey][quote=SK in CV]California has a pretty significant surplus.[/quote]
…as well as significant debt/unfunded liabilities.[/quote]
Debt per capita is pretty much in the middle of the pack for all states. Unfunded liabilities are probably getting better, the recent change in assumptions notwithstanding. Participants are kicking in substantially more. There is light at the end of the tunnel. It’s just a really long tunnel.
