Here is a graph of the debt Pacific Grove residents are accumulating as a result of staying in CalPERs – contrary to the will of the voters.
The numbers from 2011 to 2015 are projections based on at least a 7.5 percent return on CalPERS investments.
If CalPERS fails to achieve 7.5 percent return (breathtakingly high these days) the debt will get even larger.
The data and notations are from Councilman Dan Davis who cites his references below (I just put it in a graph so you could see it easier.)














