Opinion
Politicizing CalPERS, CalSTRS puts pensions at risk
The CalPERS' governing board during a meeting several years ago at the pension fund's headquarters. (Photo: CalPERS board)OPINION: Like most public employees, I pursued a career in state service because I want to serve the people of this state and do my part to promote a safe, healthy, well educated, and just California. I was also attracted to the financial security and benefits available to public employees. Unfortunately, politicization of at the California Public Employees’ Retirement System (CalPERS) and California State Teachers’ Retirement System (CalSTRS) threatens these goals and makes me question whether my pension will be there for me when I retire in a few decades.