By A Texas Reader
Sun, Mar 22, 2020 2:55 p.m.
CalPERS loses $69 billion in biggest market losses since Great Recession
"CalPERS loses $69 billion in biggest market losses since Great Recession" InsuranceNewsNet
Mar. 22--The pot of invested money used to pay for hundreds of thousands of California public employee pensions has shrunk by $69 billion as coronavirus has squeezed global markets. The California ...
insurancenewsnet.com
ATR: Uh oh!
CalPERS is already technically insolvent.
Now more Californians will move to Texas and Californicate us!
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