"Why one state ditched public pension switch"

[Ernesto]

"The State of Nebraska provides a strong example of the failure of individuals in a (defined contribution) plan to provide themselves with adequate income for retirement," the California Public Employees' Retirement System said in a recent statement.
Once again arnie targets the weak & vulnerable while protecting his rich supporters from increased taxes during record budget deficits. Just why, I ask, is it proper to make kids that haven't even reached adulthood (& the job market) pay in a time when the rich buy a pass with donations to the "action hero"? It seems arnie wants his plan to go in effect in 2007, thus screwing culeeforneeya's youth.......
http://www.sacbee.com/content/politics/story/12186773p-13055630c.html