TRIUMVIRATE—California Treasurer Bill Lockyer, with Supervisor Linda Parks and Sen. Fran Pavley, says teacher pensions are unsustainable.
The California teachers’ pension system is headed for default unless a fix can be found, state Treasurer Bill Lockyer told a small gathering in Thousand Oaks last week.
Lockyer, the state’s chief banker since 2006, spoke to about 50 people attending a dinner hosted by Ventura County Supervisor Linda Parks at Tuscany restaurant. The public pol...
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