California Lawmakers Are Ignoring History by Boosting Pension Benefits as the State's Economy Teeters

California California Lawmakers Are Ignoring History by Boosting Pension Benefits as the State's Economy Teeters After California made this same mistake in 1999, it took 12 years to dig out of the hole. Taxpayers footed the bill. Steven Greenhut | 5.1.2026 7:30 AM Share on FacebookShare on XShare on RedditShare by emailPrint friendly versionCopy page URL Add Reason to Google Media Contact & Reprint Requests <img src="https://d2eehagpk5cl65.cloudfront.net/img/c800x450-w800-q80/uploads/2026/04/04.29.26-v1-1-800x450.jpg" style="max-width: 100%; height: auto" width="1200" height="675" title="The California state flag next to a stack of cash" alt="The California state flag next to a stack of cash | Credit: Wellesenterprises/Dreamstime/Envato" /> (Credit: Wellesenterprises/Dreamstime/Envato) As…

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