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Retirement
More public-employee pension nonsense in California

To the editor: An oxymoron is a figure of speech producing an incongruous, self-contradictory effect, as in "employee retirement contribution." ("Pension spiking could cost CalPERS nearly $800 million," Sept. 9) State Controller John Chiang's audit says 97 local governments are paying the "employee retirement contributions." The California Public Employees' Retirement System insists it is "only 24." This large discrepancy is a serious concern. Of even greater concern is why is the "employee" contribution being paid by the employers (that is, taxpayers) anyway? I can't be the only one who thinks this is ludicrous. Pensions...

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