With the pension report and its dissent now posted, the California Professor concludes, at the end of a helpful analysis, that "these proposals are an effort to replace the furloughs with permanent cuts in total compensation." The Daily Cal summarizes the decline narrative, and includes the kind of odd sound bites that often emerge from our UC Oakland non-campus. A Senate friend who helped draft the Dissenting Statement wrote in to explain why some of the presidential pension math I criticized is indeed correct. His comment starts below the jump.
17 hours ago