“A report released earlier last year by the American Legislative Exchange Council (ALEC), found that unfunded pension liabilities nationwide have climbed to $8.28 trillion, “or just under $25,000 for every man, woman and child in the United States,” with California holding the nation’s largest public pension debt load.”

https://bitcoinmagazine.com/culture/how-bitcoin-can-save-californias-440-billion-pension-fund?utm_source=carrot&utm_medium=partner&utm_campaign=carrot_share