By Russell Buckley
March 16, 2011 (San Diego’s East County) -- Last month, the Little Hoover Commission issued a report about California's pension system: Public Pensions for Retirement Security. The Report is filled with information about where our pension finances stand, explanations about how we got here, and dire warnings about where we will be without an immediate change of course.
The Little Hoover Commission is an independent government oversight commission created in 1962. By statute, it is a bipartisan board consisting of five members appointed by the Governor and four named by the Legislature, as well four legislators. Here are a couple of examples of the Little Hoover Commission findings: