Letters: Risking retirement

Re: “3 Orange County cities among state’s top 25 in paying public pensions of more than $100K a year” [News, Aug. 10]: The California system is great at promising pensions, but is a failure at properly funding those promises. Case in point: The CalPERS $100K Club. Nearly 23,000 California public retirees last year each received more than $100,000 in annual pension benefits, from a system that’s $111 billion in debt. This is what happens when the cost of pension benefits f