[City Manager John] Shirey told the City Council on Tuesday night that half the city's budget deficit over the next two years could be eliminated if all city workers paid the employee share of their CalPERS retirement contributions.
... In Sacramento, the city has budgeted $14.2 million from its general fund this year for payments made on behalf of employees.
In addition to those contributions, the city has also budgeted $41.5 million in employer contributions toward workers' retirement funds. That means roughly $1 out of every $6 in the general fund - which pays for most basic services - goes toward employee pensions.
The situation in Sacramento underscores the reason that public employees themselves should be in favor of pension reform: the party is officially over. It's now a choice between more prudent pension budgeting or outright unemployment. If something's unsustainable, as they say, it will eventually end. The day is nigh.