PensionTsunami.com is a project of FACT -- the Fullerton Association of Concerned Taxpayers. FACT's primary focus is on California's public employee pension and OPEB crisis, but we also monitor the world of corporate pensions and any developments in Social Security since it is taxpayers who will ultimately be responsible for making up deficits incurred by any of them. We also try to monitor international trends. FACT's president is Jack Dean; he is also the editor of PensionTsunami.com. You can e-mail him at JackDean(at)PensionTsunami(dot)com.
Watch Marcia Fritz, vice president of the California Foundation for Fiscal Responsibility, explain why the state faces a growing financial problem due to lavish public employee pensions during her appearance today on Stuart Varney’s show on the Fox Business Network.
