Ready to Retire in California - NOT SO FAST!

Are you a teacher that’s getting close to retirement, maybe you should think twice. Your retirement fund is SLIGHTLY underfunded - only underfunded by $42 BILLION DOLLARS! OUCH!

I worry about this sometimes. One of the golden handcuffs I have to my job is my pension. Since most people don’t have pensions anymore I keep thinking how lucky I am that I will have this income when I retire. But it is conceivable that I could work all these years and the company not be able to deliver my pension to me. That would be a waste.