In California Dreaming, Lawrence J. McQuillan pulls back the curtains covering this unfunded liability crisis. He describes the true extent of the problem, explains the critical factors that are driving public pension debt sky-high, and exposes the perverse incentives of lawmakers and pension officials that reward them for not fixing the problem and letting it escalate. Finally, he offers the six crucial reforms needed to restore the financial health of California and other threatened jurisdictions.land of opportunity avoids becoming a graveyard of broken dreams.

If California Dreaming’s roadmap for reform is adopted, the prospects for achieving a thriving, balanced and equitable future are highly favorable in California and any state or municipality facing its own public pension problem. If not, the many opportunities that once made the Golden State seem like a Promised Land will quickly evaporate.

Also available in the following formats: hardcover, 978-1-59813-243-4; ePub, $14.99, 978-1-59813-190-1; pdf, $14.99, 978-1-59813-191-8; MOBI, $14.99 978-1-59813-192-5.