Well, in which we've substantially improved in the last seven years. I just mentioned the $11.8 billion commitment. We've highlighted that in the state of the state to pay down long term pension obligations, STRs and PERs, their funded liability has been improving over the last five or six years. can make up for last 30 years. You may recall a decade plus ago we did reforms for new employees moving in we dealt with spiking and other issues and abuses in that space. (29:06–29:17)
CLAIM
Asserts that California's funded liability for STRs and PERs has improved over the last five or six years.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
.jpg)