Stanford Study Reveals California Pensions Underfunded By $1 Trillion Or $93k Per Household

Stanford Study Reveals California Pensions Underfunded By $1 Trillion Or $93k Per Household | Zero Hedge:
"...revealed some fairly startling realities about California's public pension underfunding levels.  
After averaging $77,700 per household in 2014, the amount of public pension underfunding for the state of California jumped to a staggering $92,748 per household in 2015.  
But don't worry, we're sure pension managers can grow their way out of the problem...hedge fund returns have been stellar recently, right?

...Oddly enough, California isn't even the worst off when it comes to pension debt as Alaska leads the pack with just over $110,000 per household.
Of course, at this point the question isn't "if" these ponzi schemes will blow up but rather which one will go first?  
We have our money on Dallas Police and Fire..."