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Are Public Pensions Bulletproof?
Pension Pulse 
[Opinion] Oct. 14, 2016
"Loyalton has been thrust onto center stage of America's public pension drama and this showdown is raising the possibility that California's pension promise is not absolute. This is particularly worrisome given California's pension gap is widening and could bring about major changes to public sector pensions there. And while Loyalton lacks the resources to fight CalPERS, if other cases develop ... don't be surprised if we get massive class action lawsuits (think Erin Brockovich) against retirement systems all over the United States."
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