How the Governator is trying to save California from pension disaster

Victor Joecks

First, a short but accurate video on what public employee pensions – without reforms – will do to states’ budgets.

Second, here’s a brief overview of how messed up California’s pension system is, and the problems skyrocketing pension costs are causing for the Golden State.

Third and finally, here’s what Gov. Arnold Schwarzenegger wants to do about it and why.