PensionTsunami's primary focus is on California's public employee pension crisis, but we also monitor news in other states, keep an eye on the world of corporate pensions, and follow developments in Social Security since it is taxpayers who will ultimately be responsible for making up deficits incurred by any of these retirement plans. We also try to monitor international trends. The editor of PensionTsunami.com is Jack Dean (JackDean-at-PensionTsunami-dot-com).
As cities across the nation increasingly become mired in financial crises due to public employee pensions and health care costs, debt and overspending, PBS correspondent Spencer Michels profiles one city making efforts to avoid bankruptcy: Stockton, California:
