Mark Baldassare, Dean Bonner, Sonja Petek, Nicole Willcoxon
- Three of every four Californians view the amount of money being spent on the public employee pension systems as a problem.
- The percentage calling it a big problem has grown ten points since January 2005.
- Republicans (54%) are much more likely than independents (42%) and Democrats (35%) to consider this a big problem.
- About four in ten across income groups hold this view, while this perception increases with older age.
- Two in three Californians (67%) would favor changing the pension system for new public employees from defined benefits to a defined contribution system similar to a 401(k) plan. Support increases with rising income.
- Of those who call the current pension system a big problem, 79 percent favor this change signaling a strong correlation between believing its and big problem and wanting to change the current system.