Source: Zero Hedge While we’ve yet to experience any large municipal pension failures, which is just a matter of ‘when’ rather than ‘if’, the small pension failures sprinkled across the state of California are starting to pile up.  As The Sacremento Bee points out today, public workers in Trinity and Imperial counties are just the latest to … Continue reading CalPERS Slashes Pension Payments To Retirees In Two More California Towns By Up To 90%