By Dan Walters
The political Sturm und Drang over California's public-employee pensions, like all emotional debates, has tended to obscure the underlying facts of the issue.
If nothing else, however, the report on Gov. Jerry Brown's pension-reform plan that the Legislature's budget analyst released last week should give all combatants, and the public, a clearer understanding of the issue's financial and legal, if not political, parameters.
Its bottom line: State, local government and educational pensions in California are considerably more generous than those in other states. Their costs are growing factors in tight government budgets. Pension systems' unfunded future liabilities are troubling.