RSI's Chuck Reed sat down this week with David Kersten from the Kersten Institute for Governance and Public Policy to discuss what's ahead for California's public pension system, both at the ballot box and in the state legislature. 

"We are spending so much more on retirement benefits," says Reed of California's mounting pension debt. "That's essentially the Department of the Past that is getting all the money.  The Department of the Future, which is our kids, is suffering."