A Dec. 13 SIEPR report ... titled 'Pension Math: How California's Retirement Spending is Squeezing the State Budget,' examined the state of three of California's public employee pension systems: [CalPERS]), [CalSTRS] and the University of California Retirement Plan .... The study concluded that debt on public pensions was larger than the state is currently reporting .... In a joint email to The Daily, SIEPR Director John Shoven and Deputy Director Greg Rosston reaffirmed that SIEPR's research is not influenced by its corporate support[.]  MORE >>